Why aren't many people using Crypto?

[Suba]

Although cryptocurrency has been widely known and has even met various types of needs, such as stablecoins that greatly reduce fluctuations in crypto values, we also know the many conveniences of crypto compared to fiat money. We also find a lot of education and tutorials on Youtube channels, websites and even crypto courses. But unfortunately until now compared to the world's population of 8.3 B people. while the number of crypto users in the world is 560M people or only about 6.9% of the world's population. So in your opinion, why are there still many people not using crypto?

 

[Fidelia]

People are really not using crypto because they don't still understand. The rate of crypto usage has gradually increased and would keep increasing.

 

[Augusta]

Crypto currency is mostly usef online. Trust me there are still a lot of people that don't do much with the internet

 

[Starmix]

We cannot blame the people of their preferences. They lack knowledge about crypto thing and only a very few want to learn too. For them , crypto is not money,

 

[eLdavis]

There are several reasons why most people don't use crypto. I have met some who don't use it cause they don't trust it, then there are some who do not know how to use it.

 

[riberet19]

I think it is primarily because they do not provide a benefit that people can see as unique so that they can use them daily, or because they are not educated, or it could be because they can only be used online, there really can be many causes, I think it is a mix of all those mentioned.

 

[Augusta]

We cannot blame the people of their preferences. They lack knowledge about crypto thing and only a very few want to learn too. For them , crypto is not money,

I agree with this, a lack of knowledge about crypto and only a very few even want to learn as well

 

[Miley]

Many people are not using crypto because the value of payment has been reduced and it no longer nice again for trading.

 

[King Belieal]

The continuous portrayal of crypto in bad light by government has made people skeptical to use crypto.

 

[magnus2022]

People are coming to cryptocurrency but you don't expect it to be general because it is a new market that a lot of people don't really understand. Moreover, cryptocurrency is quite complex and difficult to understand.

 

[neku]

Most people are making enough money offline, they do not have to understand crypto. Here only those who have almost no other opportunities are forced to understand crypto and receive crypto payment.

 

[Fire&Rain]

Cryptocurrency is a risky business. Most people want an online stream that's reliable because you will find that they depend on their online business or hustle.

 

[bluesky]

Simple. Many people are not using crypto because it is not approved by many Governments across the world.

 

[Kross]

Many people are not using crypto because they don't have an idea of how it works because it is different from traditional finance.

 

[Trush Jodie]

Crypto would take a long time to get recognized and accepted by conservatives but it is penetrating bit by bit.

 

[Starmix]

Ignorance about crypto is one factor. That was my feeling the time I haven't known yet crypto. Others may have no interest became they prefer real money, tangible and ready to spend anytime.

 

[Xtynehappy]

The crypto currency adoption is really very slow for sure. Most people are still very skeptical on that

 

[Starmix]

Many are afraid to invest in crypto. And not all are knowledgeable and skilled on on this crypto thing. People have other concerns doing physical business.

 

[Fidelia]

Many people are afraid to invest in crypto because they think that what happened to FTX would also happen with other crypto platforms.

 

[Stardom22]

That is because the cryptocurrency adoption is being slowly done and the fact that most people are still being crypto skepts