It is not readily accept everywhere yet. Until that happens you will see alot less people using it because it will be diluted an probably just end up fading away.
yes that is also a solid reason which compel people not to use bitcoin, and in some other reasons the fluctuation of the price of bitcoin the government attitude toward bitcoin, very little knowledge about bitcoin and the transaction delay are also some other issues which make people not to use bitcoin . 
Topic: What's stopping people from using bitcoin? - page 3. (Read 202160 times)
I think the price volatility, lots of incidents related to black market activities and many other anti-government activities are the major cause that's stopping people from using bitcoins.
I don't think BTC price volatility is the primary cause for not using it. But based on my knowledge as of now bitcoins are not accepted by many governments because they can't track the transactions and can't put taxes on to it so many businesses are not taking it as a payment method. Currently, bitcoins are used mostly in online gambling and for some limited online activities.
It is not readily accept everywhere yet. Until that happens you will see alot less people using it because it will be diluted an probably just end up fading away.
I wonder why should people stop using bitcoins when we experience lots of benefits out of it. We do have countries which do not permit their citizens to use the btc. No worries on this. We do have an option to exchange the btc to fiat and use it for any expense.
To me it seems some people are not fully aware of what bitcoin is and what it can do to help our lives. The way bitcoin and crypto in general is developing makes me think that in a few years adoption will come and not a hand full but the masses will use bitcoin or find a way to integrate it in their daily life.
I wonder why should people stop using bitcoins when we experience lots of benefits out of it. We do have countries which do not permit their citizens to use the btc. No worries on this. We do have an option to exchange the btc to fiat and use it for any expense.
Suspicion is the main reason, people doubt in new things. Around me there is people who doesn't like internet, everything from there is evil they say. When I tell them about bitcoins they think its all from CIA, KGB or who knows whom, they start to imagine some conspiracy theories.
I believe majority in this world is like that, but with new generation's this situation will change. We have many young people here, and they aware of the future and technology.
New generations will take all this on higher level, for that we need to wait to happen.
I believe majority in this world is like that, but with new generation's this situation will change. We have many young people here, and they aware of the future and technology.
New generations will take all this on higher level, for that we need to wait to happen.
For me the main reason people wouldn't use bitcoin is that it's not really prevalent enough to force people to switch away from cash. Not enough actual physical shops take bitcoin yet - at least not near where I live. Businesses accepting bitcoin is still the exception, not the norm. Until it becomes standard that a shop or business takes bitcoin, people won't switch in huge numbers. Another factor is definitely that people don't trust new technology - they feel a familiar security in owning a physical paper banknote, rather than a bitcoin wallet which has less of a physical, tangible aspect, even a physical hardware wallet.
One of the main reasons definitely is that there are too few merchants and shops which accept Bitcoin. Why should somebody "normal" use Bitcoin as payment option when it is hard to spend them?
There are in fact quite a bit sites where you can spend your coins online, and it's only spreading. However, the issue here is that people want to spend their coins locally in stores where they can buy their daily needs. I am quite sure that when local stores are adding Bitcoin as payment tool that much more people are willing to spend their coins.
One of the main reasons definitely is that there are too few merchants and shops which accept Bitcoin. Why should somebody "normal" use Bitcoin as payment option when it is hard to spend them?
Obviously.
Normal people (non-technical i mean) usually likes to use just the things that are available in their daily lives, why would they like to use something that is hardly spendable around them or if there is no place accepting it no one would take any interest in it.
One of the main reasons definitely is that there are too few merchants and shops which accept Bitcoin. Why should somebody "normal" use Bitcoin as payment option when it is hard to spend them?
There are in fact quite a bit sites where you can spend your coins online, and it's only spreading. However, the issue here is that people want to spend their coins locally in stores where they can buy their daily needs. I am quite sure that when local stores are adding Bitcoin as payment tool that much more people are willing to spend their coins.
Well that's the main reason now and we know about it. Each country is having hard time to adopt bitcoins especially the stores that they have in their places. But that is not going to be a problem in the future, once the government is going to implement the use of bitcoin, then local stores are going to be forced to use bitcoin.
Well you are right the government has a big role in bitcoin industry. If the government ban bitcoins in their country then that country's citizen will not use bitcoins.
Possibly if the government promotes the use of bitcoin there are no more hindrance to the increase of bitcoins economy.
And how you can define the government has a big role in bitcoin industry? ???maybe, if the government is ban bitcoin in their country, their civilians will always use bitcoin until the government included the activities is having relationships with bitcoin in the illegal activities listed.
One of the main reasons definitely is that there are too few merchants and shops which accept Bitcoin. Why should somebody "normal" use Bitcoin as payment option when it is hard to spend them?
There are in fact quite a bit sites where you can spend your coins online, and it's only spreading. However, the issue here is that people want to spend their coins locally in stores where they can buy their daily needs. I am quite sure that when local stores are adding Bitcoin as payment tool that much more people are willing to spend their coins.
Well that's the main reason now and we know about it. Each country is having hard time to adopt bitcoins especially the stores that they have in their places. But that is not going to be a problem in the future, once the government is going to implement the use of bitcoin, then local stores are going to be forced to use bitcoin.
Well you are right the government has a big role in bitcoin industry. If the government ban bitcoins in their country then that country's citizen will not use bitcoins.
Possibly if the government promotes the use of bitcoin there are no more hindrance to the increase of bitcoins economy.
One of the main reasons definitely is that there are too few merchants and shops which accept Bitcoin. Why should somebody "normal" use Bitcoin as payment option when it is hard to spend them?
There are in fact quite a bit sites where you can spend your coins online, and it's only spreading. However, the issue here is that people want to spend their coins locally in stores where they can buy their daily needs. I am quite sure that when local stores are adding Bitcoin as payment tool that much more people are willing to spend their coins.
Well that's the main reason now and we know about it. Each country is having hard time to adopt bitcoins especially the stores that they have in their places. But that is not going to be a problem in the future, once the government is going to implement the use of bitcoin, then local stores are going to be forced to use bitcoin.
One of the main reasons definitely is that there are too few merchants and shops which accept Bitcoin. Why should somebody "normal" use Bitcoin as payment option when it is hard to spend them?
There are in fact quite a bit sites where you can spend your coins online, and it's only spreading. However, the issue here is that people want to spend their coins locally in stores where they can buy their daily needs. I am quite sure that when local stores are adding Bitcoin as payment tool that much more people are willing to spend their coins.
One of the main reasons definitely is that there are too few merchants and shops which accept Bitcoin. Why should somebody "normal" use Bitcoin as payment option when it is hard to spend them?
I think the price volatility, lots of incidents related to black market activities and many other anti-government activities are the major cause that's stopping people from using bitcoins.
I don't think BTC price volatility is the primary cause for not using it. But based on my knowledge as of now bitcoins are not accepted by many governments because they can't track the transactions and can't put taxes on to it so many businesses are not taking it as a payment method. Currently, bitcoins are used mostly in online gambling and for some limited online activities.
We need more projects and sites to promote and incentive the use of bitcoin,
because if people don't know about it, the will not use it.
because if people don't know about it, the will not use it.
There are already a lot of websites for promoting it and the websites would only promote it to the people on internet, but we need bitcoin to spread in practical world because there are a lot of people who dont use internet or has no online activities so any practical bitcoin project would work great.
I think the price volatility, lots of incidents related to black market activities and many other anti-government activities are the major cause that's stopping people from using bitcoins.
I don't think BTC price volatility is the primary cause for not using it. But based on my knowledge as of now bitcoins are not accepted by many governments because they can't track the transactions and can't put taxes on to it so many businesses are not taking it as a payment method. Currently, bitcoins are used mostly in online gambling and for some limited online activities.
Price volatility is the main reason why there are additional person uses bitcoin. Because of the price volatility in bitcoin, we have the opportunity to earn big.
Hmzz, this is something often taking place and will continue to happen if there are people who have very high levels of giving up easily. In the economy there is no word of surrender which will win, that there is who hold the appeal and keep trying he was a winner and will be awarded the prize that is a terrific success.
I think the price volatility, lots of incidents related to black market activities and many other anti-government activities are the major cause that's stopping people from using bitcoins.
I don't think BTC price volatility is the primary cause for not using it. But based on my knowledge as of now bitcoins are not accepted by many governments because they can't track the transactions and can't put taxes on to it so many businesses are not taking it as a payment method. Currently, bitcoins are used mostly in online gambling and for some limited online activities.
Price volatility is the main reason why there are additional person uses bitcoin. Because of the price volatility in bitcoin, we have the opportunity to earn big.
We need more projects and sites to promote and incentive the use of bitcoin,
because if people don't know about it, the will not use it.
because if people don't know about it, the will not use it.
There are already a lot of websites for promoting it and the websites would only promote it to the people on internet, but we need bitcoin to spread in practical world because there are a lot of people who dont use internet or has no online activities so any practical bitcoin project would work great.
The last month bitcoin price has stabled. I hope it will stay thst way or increase slowly without bubble building.
Without the big volatility it would attract even mor merchants!
Without the big volatility it would attract even mor merchants!
Wrong. Big volatility can't attract the merchants. If that's so then why big merchants still not accepting bitcoin as mode of payment? There are lots of big fluctuations already happen since the began of bitcoin.
Also no such thing as price stable but rather slow increase and decrease.
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