Post
Topic
Board Bitcoin Discussion
Re: Why should people use Bitcoin?
by
stolendata
on 20/03/2017, 04:45:15 UTC
Bitcoin gives freedom to people from traditional banking system where they keep on paying heavy transaction costs and even the interest paid by banks is too low and inflation will eat away all that money but if you have bitcoins in your wallet then the same amount of coins can give you higher amount of money in future when the price of bitcoin will start increasing so instead of saving money in banks its always good to save money in bitcoins.

Yup, that's one of the things that make the most of those who know the bitcoin use it. Because the currency is not the usual bitcoin or currencies that are used only to be Exchange in business transactions. So, even though right now it's still very little bitcoin users, but if in the future the bitcoin will definitely many who use it and give an advantage to those who keep it from now
 

Yeah bitcoin is still very new currency to many people and either they have not heard about it or they don't know how to make best use of it but they will start using it once bitcoin will be publicly accepted which will draw attention of many people towards it.

I think no.  They will not start using Bitcoin as soon as they heard it.  They will research about it and if they found out that Bitcoin has problem with its scalability, they will be discourage and use other method of payment or store of value instead.  Not all people are easily persuaded, some are reserve and others are cynical.  I bet these people needs a lot of convincing.

If they come to know about the benefits attached with bitcoins then I don't think that it will take more time for them to get into bitcoins but a person who is not interested in learning new things will never prefer to try something like bitcoins as he will not understand the concept.

Each person has his own character. And some just do not want to risk and try bitcoin. Many believe that bitcoin is in no way reinforced and therefore it is dangerous for them to use. Therefore, it is not known how this payment system will evolve

If people are not interested in bitcoins then we should let them go on their own way instead of wasting our time behind them and if a person is really interested in knowing bitcoin then he will make all possible efforts to understand bitcoins.
to me i think if a person is not interested in bitcoin then he may not knowing about bitcoin and i am hopeful that once he will know about bitcoin then he must have to adopt bitcoin and consider it as one of the most important part of his life.