Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is not mainstream yet & my suggestions!
by
RealBitcoin
on 05/09/2015, 17:15:30 UTC
I consider myself a bitcoin intellectual, and I`m always wondering how can I help the bitcoin economy with my ideas, which I got plenty of. So I was thinking 2 days about why bitcoin (or for that matter other altcoins) is not mainstream yet, and what issues it needs to overcome to be able to grow faster. Some issues that I discovered are practical, while others need the entire community's support in order to work.

So here are the issues I discovered with bitcoin, it's economy, why it is not mainstream yet:



I think your points are valid but the main issue with bitcoin achieving mainstream adoption is just sadly the general public have no use or desire to use bitcoin. To them it offers them nothing worth taking the time to acquire it. I think over time some industries will adopt it but it's going to take time. Even things like computers the internet and mobile phones didn't become mainstream over night and we will have a similar journey.

I dont think they dont have a desire, they do but they either dont care enough yet (due to laziness or lack of marketing stimulus) or they dont know about it / dont understand it.

This is not like we are inventing the wheel here, we already got a financial system, bitcoin is just an upgrade.

Its like you replace your old black & white phone with touch-screen smartphone. It was done in less than 10 years, and no new phone was invented, only the old phone was upgraded.

I don't really think this is a worthy comparison and is very extreme. It's like swapping your phone for a slightly different model but one that doesn't benefit you at all so you think why bother. This is how most people will feel because bitcoin doesn't really offer my parents or grandparents anything at all. Why would they benefit from using it currently? Sure it's great for the politically minded and us but for every one else it's probably just a liability and unnecessary.

What do you mean it doesnt benefit us at all?

Bitcoin is better in any shape or form that the current banking system.

The only issue i see for consumers is the lack of stores accepting it + the points I addressed in post #1 which is tied o point 1) somewhat.

Yes they wont use it if they cant spend it, and its hard to buy with all the KYC requirements, but other than that its much better in any aspect.

I know people are dumb and lazy, thats why we need to address my point, and with that we can overcome the inertia of the masses.