Internet » Digital Payments » Cashless payments in the United States | Reasons for disinterest in use of Bitcoin for online transactions in the U.S. 2013

Reasons for disinterest in using Bitcoin for internet transactions in the United States 2013

Why are you not interested in using Bitcoin for internet purchase/sale transactions?

The data describes the reasons for not being interested in using Bitcoin for internet purchase/sale transactions in the U.S. as of December 2013. During the survey it was found that 17% of Americans were not interested in using Bitcoin for online transactions because they preferred other methods of payment.

Prefer other methods of payment 17
Need more information/don’t know much about it 16
No need for it/not useful 11
Not secure/doesn’t seem secure 8
Shady/fraudulent/sounds illegal 8
Value fluctuates/value is speculative 8
No protections/regulations 7
Untrustworthy/don’t trust it 7
Risky/can’t be tracked 6
No intrinsic value/nothing backing it 6
Not safe/doesn’t seem safe/unsafe 5
New/unproven/not enough experience/not around a long time 5