30 May '15, 11am

Bitcoin Usage Low Due To Disinterest From Consumers (Op-Ed)

Bitcoin Usage Low Due To Disinterest From Consumers (Op-Ed)

Earlier today, I had the chance to speak with several merchants accepting Bitcoin payments for a while now. My main concern was whether or Bitcoin is being used by customers on a regular basis, and if so, whether or not there were any noticeable trends occurring. I did learn one thing though, Bitcoin is fine in terms of supporting merchants but needs to convince everyday users to work with digital currency. Also read: Ghent Bitcoincity: Creating Bitcoin Use Cases Bitcoin Use Cases Are Not The Problem When we talk about Bitcoin use cases, we actively refer to places where you can spend Bitcoin. Granted, if there was no place to spend Bitcoin, it wouldn’t be much of a currency to begin with. And luckily for us, there is a boom in terms of merchants starting to accept BTC payments, both online and in physical locations as well. It’s not like the types of merchants are disappo...

Full article: http://insidebitcoins.com/news/bitcoin-usage-low-due-to-d...

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