I think some people do not even know the bitcoin with its advantages they are thinking its just another currency.
If these people just know it works they will most likely gonna use it because the best advantage the bitcoin has is that you can control your money by yourself if people know this they will like it and use it for sure.
Topic: What's stopping people from using bitcoin? - page 87. (Read 202139 times)
Most people I know think of two things. You can't bank bitcoin anywhere to earn interest and you can't predict the price so people like my Father don't see the logic yet of acquiring bitcoin in the hope that the price will rise or exchange his fiat money to go and buy bitcoin to spend. I think bitcoin is attractive to those who can earn it mainly.
Yes they people afraid for staking or investing it causr they dont see more potential of the coin because they dont research more about it maybe they are afraid of losing their hard earn. And for us who earn bitcoin its very easy to us put our money in bitcoin because we know the potential to earn. And i hope they will see the same potential for earnings in bitcoin to.
Most people I know think of two things. You can't bank bitcoin anywhere to earn interest and you can't predict the price so people like my Father don't see the logic yet of acquiring bitcoin in the hope that the price will rise or exchange his fiat money to go and buy bitcoin to spend. I think bitcoin is attractive to those who can earn it mainly.
Illiteracy is major concern especially in third world countries who don't have knowledge of technology and who hesitate in trying something new.
I thought it was reasonable people are still too stiff to use modern technologies. facebook examples there are still many people who do not use facebook ?I think it needs a long time so bitcoin can be known by everyone
i thought this thread is for the question about reasons people from using bitcoin to leaving it, stop using bitcoin. it's really different with third world problem, hesitate in trying bitcoin from the very start, or even have no idea about it at all.
Illiteracy is major concern especially in third world countries who don't have knowledge of technology and who hesitate in trying something new.
I thought it was reasonable people are still too stiff to use modern technologies. facebook examples there are still many people who do not use facebook ?I think it needs a long time so bitcoin can be known by everyone
probably due to the increasing number of fraud so that they are afraid to join in bitcoin
I once was exchanging some money from a friend and he said he dont want to take BTC , I was surprised and ask why ? He said because he has no good sites which can provide him his local currency for BTC , then I informed about LBC. So maybe lack of knowledge is stopping people ?
Yeah I would agree with you bro! We should only make them to know about bitcoins. Then only it get spread from their own side...
I once was exchanging some money from a friend and he said he dont want to take BTC , I was surprised and ask why ? He said because he has no good sites which can provide him his local currency for BTC , then I informed about LBC. So maybe lack of knowledge is stopping people ?
Yeah lack of knowledge is the main issue here as people dont have any knowledge about it so they hesitate in using it or adapting it.
Lack of knowledge isn't the right term but lack of interest. Of course all bitcoiners at first really lack of knowledge even me when I started.
But because Im really interested I gained knowledge while Im here in this crypto world.
I once was exchanging some money from a friend and he said he dont want to take BTC , I was surprised and ask why ? He said because he has no good sites which can provide him his local currency for BTC , then I informed about LBC. So maybe lack of knowledge is stopping people ?
Yeah lack of knowledge is the main issue here as people dont have any knowledge about it so they hesitate in using it or adapting it.
Lack of knowledge isn't the right term but lack of interest. Of course all bitcoiners at first really lack of knowledge even me when I started.
But because Im really interested I gained knowledge while Im here in this crypto world.
I once was exchanging some money from a friend and he said he dont want to take BTC , I was surprised and ask why ? He said because he has no good sites which can provide him his local currency for BTC , then I informed about LBC. So maybe lack of knowledge is stopping people ?
Yeah lack of knowledge is the main issue here as people dont have any knowledge about it so they hesitate in using it or adapting it.
I once was exchanging some money from a friend and he said he dont want to take BTC , I was surprised and ask why ? He said because he has no good sites which can provide him his local currency for BTC , then I informed about LBC. So maybe lack of knowledge is stopping people ?
But i think government is busy on another problem and another development plans in their respective country i think bitcoon is didnt reach or the dont bother to adopt it now because they dont see it profitable for them.
Well, atleast if they make a living for their countrymen, it will bring the government a glory.. imagine if you have given some of the jobless people with something to earn with...Something that they could thank the government...
Yeah truly it helps more jobless people get a earning. At the same time if governments starts thinking about it soon everyone gets kicked off else the limitations on earning, some tax issues everything will exist same as banking.
But i think government is busy on another problem and another development plans in their respective country i think bitcoon is didnt reach or the dont bother to adopt it now because they dont see it profitable for them.
Well, atleast if they make a living for their countrymen, it will bring the government a glory.. imagine if you have given some of the jobless people with something to earn with...Something that they could thank the government...
Yeah your right because bitcoin can be a temporary job for those who is jobless and it is solution to earn money while seeking for a proper job. By bitcoins we earn and our earnings for this is we can save it to banks for our future. Atleast we have money to spend in near future.
But i think government is busy on another problem and another development plans in their respective country i think bitcoon is didnt reach or the dont bother to adopt it now because they dont see it profitable for them.
Well, atleast if they make a living for their countrymen, it will bring the government a glory.. imagine if you have given some of the jobless people with something to earn with...Something that they could thank the government...
Illiteracy is major concern especially in third world countries who don't have knowledge of technology and who hesitate in trying something new.
Well that's true, and we can't blame them..even their government is not concerned about those things...If only their governments would be doing something about literacy and technology modernization, perhaps everyone will have the same knowledge..But only time can tell and their decision to choose their leader...
But i think government is busy on another problem and another development plans in their respective country i think bitcoon is didnt reach or the dont bother to adopt it now because they dont see it profitable for them.
I think sometimes users don't have time and some don't have brain to understand about bitcoins.
Illiteracy is major concern especially in third world countries who don't have knowledge of technology and who hesitate in trying something new.
Not user friendly enough (yet)
Blocksize debate (solved soon hopefully)
Blocksize debate (solved soon hopefully)
For me personally, (although I'm only new to this), is the lack of being able to use it in everyday life like cash or card.
This is one of the few reason why people are not using bitcoin because there are few or no shop available for you to spend your coins with.
With the prices going up some people just can not afford to buy these bitcoins anymore. This is why I hope the halving is going to happen. This will attract more people to use and buy bitoins.
It has to happen soon other wise more and more people will leave.
It has to happen soon other wise more and more people will leave.
The halving got some good side also. People are expecting for this time to come so they cant let go just like that. They will stay and hoard some more coin and maybe get some more profit when price increase comes.
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