Post
Topic
Board Economics
Re: Is bitcoin dead?
by
arallmuus
on 21/05/2015, 21:37:14 UTC
the problem is actually this, we are the only one using it, the numbers of users of bitcoin did not grow that much in the past months, until now

Basically it is because BTC has less usagebility if you compare it to FIAT. FIAT is much more "instant" than BTC in some cases. Apart to be used as for trading, I dont see any reason of using BTC as a payment system because most sites that accept BTC do accept FIAT as well.

P.S : Is there any statistical data on how many people that uses BTC right now and as well as the graphs for the increment?

But if we tell to every people that we know the bitcoin and we can explained to them clearly they can use bitcoin

Most people want things to be instant, which means using FIAT is much more instant in this case. Some people tend to see that digital currencies are delusional things . Most people just arent aware how better BTC is if you were to compare it with FIAT ( apart from the 10 minutes transaction of course )