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Topic: What's stopping people from using bitcoin? - page 50. (Read 202139 times)

hero member
Activity: 714
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I have heard of one friend saying its another work, too hard and  need to learn again. They seem really lazy to get some knowledge regarding bitcoin. I dont think that is hate though just dont know how to start.
I think what's preventing people from using bitcoin is the fact that they don't find it a necessity just yet. Or maybe they don't know how much they can benefit from using it. As what the previous post stated, six years of bad news can really affect the reputation of bitcoin and it doesn't help that sometimes it is being linked to illegal activities, which might be true, but it also serves as a complimentary investment tool and another way of making lives a little better.
legendary
Activity: 2156
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You lead and I'll watch you walk away.
Six years of bad press coverage maybe.









That still makes sense to me.
legendary
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I have heard of one friend saying its another work, too hard and  need to learn again. They seem really lazy to get some knowledge regarding bitcoin. I dont think that is hate though just dont know how to start.
legendary
Activity: 3934
Merit: 1248
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GoDaddy won't accept Bitcoin because "Bitcoins have a history of just disappearing".
full member
Activity: 210
Merit: 100
So after reading this article and especially the ending:

Quote
One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands.

I'm wondering what's stopping people from using bitcoin?

And now I'm talking about people who already aware of bitcoin and how it works but still not using it.

The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?

Maybe the law, fear of taxes and so on?
I don't know, it really depends on the person, situation, personal preferences...
Bitcoin has no taxes only miners fee when it comes to transactions. Some country accepts bitcoin and doesn't prohibit it so it doesn't likely on the law.
legendary
Activity: 1232
Merit: 1091
I think the reason why the people is stopping in using bitcoin is there  own reason, They might have no time for it, They are scammed and all of their bitcoin are gone. this is a examplr only
yeah everyone has their own reasons for exit or quit bitcoin? but whatever the reason. I think it is unfortunate if you're out of bitcoin just because you're desperate because it has been lost or hit by a scam?
you can still fix it and make a profit again in bitcoin

There have been some people that ditched Bitcoin for whatever reason, but they always came back because they can't fully quit Bitcoin. If I look at myself for example, I really can't and don't want to ever quit Bitcoin. It offers me great features to store my wealth outside the banking system. That alone makes Bitcoin already perfect for me.
hero member
Activity: 532
Merit: 500
I think the reason why the people is stopping in using bitcoin is there  own reason, They might have no time for it, They are scammed and all of their bitcoin are gone. this is a examplr only
yeah everyone has their own reasons for exit or quit bitcoin? but whatever the reason. I think it is unfortunate if you're out of bitcoin just because you're desperate because it has been lost or hit by a scam?
you can still fix it and make a profit again in bitcoin
full member
Activity: 195
Merit: 100
account out of order
So after reading this article and especially the ending:

Quote
One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands.

I'm wondering what's stopping people from using bitcoin?

And now I'm talking about people who already aware of bitcoin and how it works but still not using it.

The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?

Maybe the law, fear of taxes and so on?
I don't know, it really depends on the person, situation, personal preferences...
legendary
Activity: 2436
Merit: 1008
The decentralized nature is a main reason. Because of this people fear we don't get the assurance and move towards the banking and other financial service providers.
Well, other than that I think they still do not believe in the potential of bitcoin. I guess they are the ones who can not see an opportunity that is owned by bitcoin, and maybe they are people who do not know about this business

They didnt know the potential? Of course that is not the reason and can never be one of the reason. If they really use that as a reason to stop bitcoin, meaning they search for it and the output is wrong.

One of the reason why people don't use bitcoin because they are lack of knowledge of it. How it perform and what is this all about. Another reason is the geographical location like in third world countries where internet connection is really not present.
legendary
Activity: 1218
Merit: 1000
The decentralized nature is a main reason. Because of this people fear we don't get the assurance and move towards the banking and other financial service providers.
Well, other than that I think they still do not believe in the potential of bitcoin. I guess they are the ones who can not see an opportunity that is owned by bitcoin, and maybe they are people who do not know about this business
legendary
Activity: 3234
Merit: 1214
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The decentralized nature is a main reason. Because of this people fear we don't get the assurance and move towards the banking and other financial service providers.
hero member
Activity: 1638
Merit: 505
for now everyone wants the best way to conduct their financial transactions. bitcoin is the answer, and if someone has to get comfort then that person will not stop using bitcoin.
hero member
Activity: 896
Merit: 1000
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The main problem seems to be awareness. People, the masses are not aware of the true potential of bitcoin. Some reason they don't see it. Which is why we, the people who know bitcoin should do a better job explaining it to them.
sr. member
Activity: 308
Merit: 250
in my opinion it's because the concept is too abstract for any laymen to easily understand

unless someone demonstrate how to use it and show them the value of it

it will always be a niche thing
legendary
Activity: 3080
Merit: 1500
I think the only thing is stopping them is their blind faith on fiat currency. The concept of bitcoin is itself a major confusing point for them.

They just can't accept that money can be mined through a computer program and that is more valuable than any other fiat currency available in the whole world.

Once I started teaching about bitcoin to some of my office colleagues and they started laughing. So I immediately stopped. Let restrict bitcoin circulation just within the believers.
legendary
Activity: 1442
Merit: 1008
Misconception from the media and ease of obtaining BTC with fiat. Right now BTC is more attractive to traders due to the volatility than consumers.
like an issue about bitcoin are terrorist fundsource in few months ago? yeah it affected to the price we can see it bitcoin price dropped drastically that time. but with the halving issue right now yeah boosted investor to buy more and more and it's trader time now to exploit it.
hero member
Activity: 988
Merit: 1000
Misconception from the media and ease of obtaining BTC with fiat. Right now BTC is more attractive to traders due to the volatility than consumers.
sr. member
Activity: 672
Merit: 250
1. we aren't getting paid in bitcoin

2. nowhere to spend outside or even on the internet.

You are talking about salary, right? You are not being paid in bitcoin because bitcoin is not yet accepted by any government as a currency to be used, that is the reason why you cannot get paid with bitcoin but your national currency.
And there maybe not a lot of places outside for spending bitcoins but there are a lot of places online where you can buy things or spend your bitcoins, just google it and you won't believe your eyes.
copper member
Activity: 1876
Merit: 533
1. we aren't getting paid in bitcoin

2. nowhere to spend outside or even on the internet.

if you do something and do in a legal and legit site you'll get paid for sure. if you are not getting paid by doing your work then you are probably on a scam site,
first find a legit job for you. there are lots of ponzi scam sites, we need to be careful from them.
hero member
Activity: 3024
Merit: 745
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people are stopping using bitcoins because there are allot of scammers around and the bitcoin is allot worth so i understand why they dont take the risk it would be such a shame if you lose just 1 coin because its worth 600 dollar.

Well is somehow relevant also that people are stopping using bitcoin, but also another reason is maybe the country or government doesn't allow their citizens to use bitcoin.
I just don't know what country is that, maybe there are certain countries that are like that.
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