Topic: Why do people avoid bitcoin? - page 12. (Read 9331 times)

It is true because of Probably due to it being unknown to them and little fear to use it some of where don't know how it is used and they don't try to learn. if they are learning and used so many of the advantages bitcoin is easiest and faster.

I notice for certain individuals in our nation as a result of being absence of information, obviously, in the event that you don't have great information about the crypto world. The way toward making a bitcoin wallet isn't as simple as opening a record in the bank. When you have the wallet, the way toward financing the wallet isn't likewise that simple.

People are not really avoiding bitcoin in fact bitcoin is one of the best way to store money rather than keeping it in the bank. The only thing that people are doubta in putting their money through bitcoin is its market price volatility. So bitcoin is also like some sort of investment but also could do as a digital currency. However it is still better to use the fiat currency when all you wanted is spending it online. Yet, having bitcoin is a good thing that one could also have especially right now that many people wanting to have it which price constantly rise up.

people avoid bitcoin because they doubt bitcoin maybe because bitcoin is unstable in price. Another reason people avoid bitcoin is because they don't know bitcoin and don't know the benefits of bitcoin.

Unfortunately, many people over-generalize everything. Even though if we want to study and read the news carefully, we will know that these scam projects actually have nothing to do with BTC, they are only taking advantage of BTC's popularity to attract the attention of many people. Just like fiat, there are many scams using fiat, right? just like that.

Indeed, to understand something we have to do in-depth research, understand the advantages and disadvantages, so we will understand how to anticipate risks. All those things are risky, right? if we are afraid, then we will miss a good chance. Well, there is no compulsion for everyone to believe in BTC, it all depends on their respective perspectives.

Aside from that, there are projects involving bitcoin that are absolutely plan to scam other people. And when that happens they think that bitcoin is also a scam, which is actually not true. We all know that here, so we are trying to do or make the community clean and organized so that if there's a project that scams people, we can avoid that and we can spread information about that to protect the image of the bitcoin itself.

Because the majority of the world's population is less knowledgeable about Bitcoin, and many Bitcoin hater are spreading misleading news.
As mentioned, Bitcoin is widely used for money laundering, terrorist financing and other illegal activities. This makes many people avoid Bitcoin,
even in my country Bitcoin trading is called a gambling game. All the misleading information that was spread was indeed made by the government
to drop Bitcoin in my opinion, because the government is afraid that one day Bitcoin can replace fiat.

Sadly, mainstream media and governments have done their part to try to scare people off Bitcoin. After all, they don't want to lose control/sovereignty of the current monetary system. Imagine what harm would Bitcoin cause to Fiat if everyone started using it in the mainstream world. Governments will lose control of people's money like never before. It's why misinformation and negative propaganda against Bitcoin has persisted since its inception. There may be nothing we can do to stop it, since most governments dominate mainstream media. The best we can do is to spread the word about Bitcoin's true benefits relative to Fiat. People will then decide if they want to adopt Bitcoin for their own benefit or simply stick with Fiat.

As long as we do our part in spreading the word about Bitcoin to people in the mainstream world, the time will come where mainstream adoption will rise like never before. In these turbulent times, more people are resorting to Bitcoin as a safe-haven asset. The pioneer cryptocurrency's legitimate use cases will be expanded, rendering negative propaganda and misinformation efforts worthless. While there will still exist haters and those who avoid Bitcoin in the mainstream world, the pioneer cryptocurrency will thrive because of the immense number of supporters backing it. There's no reason to worry about some people avoiding Bitcoin as not everyone has the same perspective about it. Just my opinion

If people are avoiding cryptocurrency it means that they aren't ready for digital society or cashless systems. The only answer to this is because people know the potential and afraid of the development of the system or they don't know about it.
They need valuable information about cryptocurrency so they can adapt and use it. I agree that a lack of knowledge can result in people avoiding cryptocurrency because they don't have any idea about what it is and how to use it.

People need to educate first about bitcoin so that they can understand it very well and know how to use. Lack of knowledge, Risk, and modern technology is the reason why people avoid bitcoin. They are not really familiar with cryptocurrency and the technology behind it. But if they will know and learn about bitcoin, I think they will also accept and use it.

It's simple, people tend to avoid using something they have little or no idea about, some of them may think using bitcoin for transactions might be unsafe or they don't even know to make it work, they don't know a recipient address is needed if they want to send out some bitcoins, I believe most of the crypto enthusiasts today on their first encounter with bitcoin alot of them watched several youtube videos, because they didn't know how it worked back then, so i think we just need to educate them more about it,and in no time they will start adopting the new technology.

People avoid Bitcoin for the simplest reasons, they do not understand what Bitcoin and how Bitcoin works. People are avoiding it since they have no prior knowledge regarding Bitcoin. It might also sound new to them which is not normal since we area already living in a semi-digitized world. They should not ignore Bitcoin since Cryptocurrencies are one of the best things that can happen to someone who can monetize their time properly.

People have different reasons why they avoid bitcoin and don't want to use it. Maybe they don't know how to use it and they don't have time to learn about it because they are so busy with their business and other stuff. Maybe they are afraid to engage in bitcoin because they know it was too risky. Others maybe just need to have enough knowledge and become more aware about bitcoin before they will accept and use it. Or maybe they don't have stable internet connection. Their are so many reasons behind and most of all other people must preferred to use fiat money than bitcoin and other cryptocurrency.

Well, not all of us are tech-savvy but there are also these kinds of people and they still don't want to use bitcoin or other crypto currencies at all since they don't trust decentralized currency and usually they think it is a scam. In terms of having a hard time buying bitcoin, I guess it is just something that we could say that he doesn't actually know about it.

Crypto currency came in public alert only when it skyrocket in 2017 before that people thought it's a scam. Now slowly it started to gain popularity across the world and right now the major drawback is many countries are not accepting crypto currency also the government need to come with some unique plans on using BTC by allowing in malls, theaters, and other entertainment places. if this happens I am sure the usage of BTC will definitely go up.

i mean maybe some people scare of bitcoin cause of some bad news about drug or weapon and darkweb things that lot of going on right now  and not know much about bitcoin hehe


and this is kind a true some county doesn't allow bitcoin at all and lot of regulation if the accept bitcoin tho

and i added bitcoin and other crypto is pay the fee when they do transaction its different with paypal and other digital wallet

First, They must have their own reasons not to use Bitcoin or any transactions paid by Bitcoin. Digital crypto is not their choice. They prefer using cash to paying online.

Second thing to say that not everyone easily approaches new technology. They feel lazy to let their mind work again especially the old generation. Bitcoin is totally new to them. Understanding how Bitcoin function is a long process and doing research about it will take a large amount of time.

The ultimate reason: In some countries, the governments don't allow to use Bitcoin in any case. They are afraid of criminals using Bitcoin for illegal activities.

Those 3 reasons Xembin is why Bitcoin and other cryptocurrencies are heading for a slow acceptance through the next decade, but eventually most people will have to use some form of cryptocurrency sooner or later if they want to or not. At some point all monies will be digital.

I believe it's a generational issue, once the older generations disappear, there will be no other option than digital.

Some people avoid bitcoin because of this follow:
1) illegalize : Many people are avoiding bitcoin because BTC is not legalized in the country. I hard for some citizens who have never heard of bitcoin or how bitcoin look like can make such people avoid bitcoin.
2) Decentralized : many avoid bitcoin because is not a centralized exchange which they will find it difficult to understand decentralized currency which is not fiat money they are use to in the country.
3) wallet: many of them have never heard of Trust wallet hardware wallet which don't even have any idea about wallet, it can also caused the reason why some they avoid bitcoin.

This can happen because currently Bitcoin cannot be said to be a universal medium of payment, so it takes a number of inconvenient steps to be able to transact at conventional stores.
Also what we have to accept is that Bitcoin is a decentralized asset that is not controlled by any agency, so its existence is only based on the agreement of people who believe in Bitcoin.
Another reason that might make sense is that bitcoin is a very volatile asset compared to gold.