Post
Topic
Board Bitcoin Discussion
Re: What's stopping people from using bitcoin?
by
marcuslong
on 09/07/2016, 19:25:11 UTC
So after reading this article and especially the ending:

Quote
One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands.

I'm wondering what's stopping people from using bitcoin?

And now I'm talking about people who already aware of bitcoin and how it works but still not using it.

The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?

As for me, I think it is the awareness of majority of the people in this world that is stopping people from using bitcoins. Because why would you risk on something that is not generally acceptable. The second reason is the price spread? The difference between the buying and the selling. Since the value  of bitcoin is high it means that the spread between the buying and the selling is also high which gives us unecessary losses.