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Topic: What's stopping people from using bitcoin? - page 82. (Read 202160 times)

sr. member
Activity: 364
Merit: 250
They are stopping when they realize that they must wait a long time until the value will be more of Bitcoin and that is also bad because patience is really important in Bitcoin.
Some of them are also stopping because they lost some money with it and that is also bad.
legendary
Activity: 2436
Merit: 1008
Government not supporting bitcoin. Nah. Bitcoin are not their priority why bother to think of that. In a country there are lots of things to be prioritized. Bitcoin is just a miscellaneous thing and they are not the one who will take time to watch this currency. There are people who in-charge of that.
full member
Activity: 196
Merit: 100
Everyone keeps on saying that Government is not supporting it but to be honest how many people around us knows what exactly bitcoin is, I hope you got your answer.
I think those problems will not result in a person ceases to use the Bitcoin. Because if they Government does not support the Bitcoin, we can still use the Bitcoin easily for Bitcoin can be accessed by using the Internet
hero member
Activity: 658
Merit: 500
Everyone keeps on saying that Government is not supporting it but to be honest how many people around us knows what exactly bitcoin is, I hope you got your answer.

Makes sense...Government would probably watch over bitcoin if they see that half of their people are already using it...So it means it is our responsibility to spread  bitcoin to the people around us..
I think if people love bitcoin and earn a substantial income from the bitcoin you're not going to stop using bitcoin. only due to the intervention of the government. my own country prohibits the use of bitcoin.
but I still use it after all the government does not know if you're using bitcoin right ?
hero member
Activity: 1498
Merit: 547
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Well from what I've experience from what people around me said to me when they heard that I'm earning money using bitcoin is that I'm earning in an illegal way. Well for some people they think bitcoin is something illegal since it's the main way of payment in Deepweb. Me too think that bitcoin was once a illegal money. This must be cleared to people.
legendary
Activity: 2436
Merit: 1008
Some places can't touch bitcoin even if you have a lots. Let's say you have your bitcoin vaulted in your hardware wallet then you will go for a certain place where shop , merchants or even transfer to fiat is really impossible. Your bitcoin here is totally useless.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
You can lose a lot of money with Bitcoin. You need to take the risk that you must invest in Bitcoins. And you dont know if you lose or win your money.
People are stopping because the value of Bitcoin is now very low and they are angry about it. They need all patience and then just wait for a good moment to sell it.

Yeah your right for that many people double thoughs for using bitcoin because they dont want to lose their hard earned money and dont have faith in bitcoin. Other factor is they are not educated bout bitcoin and it is new to their and they dont pay attention to bitcoin  and that is people stopping using bitcoin.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

That's a good point. Staying online all time we don't realize that most people live their lives using internet very little or not at all. And we them accept Bitcoin? Of course they won't accept it. I mean right now. But in the future they will.
sr. member
Activity: 476
Merit: 250
People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.
I've found someone who is very anti with something new that people still use the old phone nokia 3315.
so maybe he heard about bitcoin that digital currency and they not using it
newbie
Activity: 52
Merit: 0
just as simple as they dont know the basics on how bitcoin works..
sr. member
Activity: 363
Merit: 250
People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

Yep, that's what i was thinking too. They are afraid to use it primarily because it's online. And anything now online are pretty much potentials for scam etc.
They are going to stop only if they are losing to much money with it and that is logic because they dont want to lose money with gambling, but they need also patience.
Without patience you cant make money with because sometimes you need to wait  a long time until the value will be more.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
Everyone keeps on saying that Government is not supporting it but to be honest how many people around us knows what exactly bitcoin is, I hope you got your answer.

Makes sense...Government would probably watch over bitcoin if they see that half of their people are already using it...So it means it is our responsibility to spread  bitcoin to the people around us..
sr. member
Activity: 672
Merit: 250
Everyone keeps on saying that Government is not supporting it but to be honest how many people around us knows what exactly bitcoin is, I hope you got your answer.

You are right.
Maybe in some countries government is against bitcoin, but beside that many people don't even know about it.
If people get to know it or understands its usage then maybe they will use it regardless of that government is against it.
The main goal of bitcoin is to reach more and more users and more and more merchants in the world, so that it can survive and keep growing in future.
legendary
Activity: 840
Merit: 1000
Everyone keeps on saying that Government is not supporting it but to be honest how many people around us knows what exactly bitcoin is, I hope you got your answer.
legendary
Activity: 3318
Merit: 1128
When government banned and jailed people who use bitcoin because illegal, it will makes people stop using bitcoin. Luckly no country jailed people who use bitcoin.
That might be few exceptional cases, I believe as only a very little percentage is using bitcoin right now people have a little hesitation initially, this would change when mass adoption happens.

The truly reason is they have lots of hesitation by using it because they dont know or no gauramtee that they can earn by using it. They dont also know the system how to earn and what is benifits by using bitcoin.they afraid to lose monet because its online wallet and very hackable by pro hackers.
For that people i can say they need education or mentor so they can know more deeper about bitcoin.
That's true! I once had a really big hesitation using bitcoins and look at it now, it's just continuously growing and that's really great! And once again, what you said is true. Since bitcoin transaction is done online, most of those who don't want to use bitcoin are afraid because of possible lose of balance. They are afraid that hackers might be able to steal their money (like in PayPal where hackers are continuously cracking accounts).
legendary
Activity: 2464
Merit: 1102
People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

bitcoin is becoming dominant, and lots of people accepting Bitcoin. Some people are not accepting it as a currency or investment. They took wrong example from the past of $1200 to $200 which is the main reason for them not accepting bitcoin as a payment or investment.

Yeah the major dump in the value of bitcoin created a major havoc, and that is the reason people now think twice before investing their money into bitcoins.
full member
Activity: 252
Merit: 100
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the problem is not people closeded mind our bitcoin trustworthy, the problem is the internet people dont trsut in the internet , and mostly of times the internet can be a problem to bitcoin, i will give you a example lets say i am going to SUBWAY and i make my order for a sandwich , after that i am going to pay with my bitcoins , but for some reason the internet goes down (and mostly of times this happen in a lot of countries)  how i can connect to the blockchain to make the tansaction?

in my opinion the blockchain is just good for privacity , but dont aply to usually purchases like food, gasoline and water
legendary
Activity: 1372
Merit: 1005
People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

bitcoin is becoming dominant, and lots of people accepting Bitcoin. Some people are not accepting it as a currency or investment. They took wrong example from the past of $1200 to $200 which is the main reason for them not accepting bitcoin as a payment or investment.
sr. member
Activity: 518
Merit: 254
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People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.

Yep, that's what i was thinking too. They are afraid to use it primarily because it's online. And anything now online are pretty much potentials for scam etc.
hero member
Activity: 924
Merit: 1000
People are scared of getting into something that is online, people even hesitate in giving their credit card details online so how can we expect that they will start using bitcoin as a currency.
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