Bitcoin: The Paradox of Daily Adoption – What Really Holds Users Back?

A recent survey conducted by GoMining on over 5,700 bitcoin holders has revealed a surprising and, in some ways, paradoxical reality: although nearly 80% of respondents are in favor of widespread adoption of cryptocurrencies in everyday payments, 55% of them admit to rarely using their digital assets for daily purchases. The reason? It’s not a lack of willingness, but rather the absence of an adequate infrastructure that makes it simple and convenient to spend bitcoin.

What Really Hinders the Daily Use of Bitcoin?

The Infrastructure Still Insufficient

The GoMining survey reveals that the main barrier to the adoption of bitcoin as a means of payment is the low acceptance by merchants. A significant 49.6% of respondents indicate this as the primary obstacle. In other words, even those who wish to use bitcoin to pay for goods and services often encounter a barrier: few stores and platforms actually accept payments in cryptocurrency.

Fees and Volatility

Two other factors discourage users: high fees (44.7%) and price volatility (43.4%). Paying with bitcoin can involve significant additional costs, and the fluctuation in value makes it difficult to plan expenses or investments. Furthermore, the need to manually convert bitcoin into fiat currency for each purchase represents an additional point of friction.

Why Would Users Want to Use Bitcoin?

Privacy, Security, and Incentives

Despite the challenges, the desire to use bitcoin for payments remains high. 46.4% of respondents cite privacy and security as the main reasons for preferring cryptocurrencies over traditional money. Following closely, 45.4% indicate the possibility of obtaining rewards and discounts as a key incentive. This data suggests that most users do not see bitcoin solely as an investment, but also as a potentially useful tool in everyday life, provided that the user experience meets expectations.

What Do Users Expect from Bitcoin Payments?

When it comes to enhancing the bitcoin payment experience, the demands are clear: 62.6% of respondents want lower fees, 55.2% would like incentives, rewards, or cashback on every transaction, and 51.4% are asking for greater acceptance by merchants. Nearly half of the users expect to earn something with each payment, indicating a shift in mindset: it’s no longer just about preserving value, but also about growing it through daily use.

Where Does Bitcoin Already Function as a Payment Method?

Digital Sectors Drive Spending

The analysis of spending habits shows that bitcoin is already gaining traction in digital sectors. 47% of users have used cryptocurrencies for purchasing digital goods, 37.7% for gaming, and 35.7% for e-commerce. In these areas, where cryptocurrency acceptance is more widespread, users are already accustomed to spending their digital assets. The real gap is observed in traditional sectors, where adoption is still in its early stages.

The Expenses of the Future: Everyday Life and Luxury

Looking to the future, 69.4% of respondents say they are ready to use bitcoin for everyday purchases, 47.3% for gaming and digital entertainment, and 42.9% for luxury or high-value goods. This data highlights how, in the minds of users, bitcoin is no longer just a store of value, but a payment method potentially suitable for all types of expenses.

A New Approach: Bitcoin as a Growth Tool

From Hodl to Active Income

The GoMining survey also highlights a shift in perspective among users: while many continue to hold bitcoin for the long term, there is growing interest in tools that allow for yield generation. The focus is shifting towards mining, staking assets, and hashrate tokenization. Nearly half of the respondents expect to achieve an economic return on every transaction, indicating that the new frontier is an active and profitable use of cryptocurrency.

GoMining Solutions

To meet these needs, GoMining is launching a payment card that allows users to accumulate mining power with every purchase, with a physical version on the way. The goal, as explained by CEO Mark Zalan, is to offer a comprehensive suite of tools that simplify the daily use of bitcoin and enable users to earn while they spend. Among the planned features: yield on deposits, bitcoin-backed loans, all manageable from a single app, with the security of a reliable and established provider.

A Global and Cross-Sector Phenomenon

The GoMining survey sample is globally representative, with a strong presence of users from the European Union (45.7%) and North America (40.1%). The experience of the respondents is well distributed: both newcomers (less than a year in the sector) and veterans (over three years) share the same expectations and encounter the same barriers. This indicates that the challenges and desires related to the daily use of bitcoin are cross-cutting and not tied to a specific geographic area or level of experience.

GoMining: An Ecosystem for the Future of Bitcoin

GoMining presents itself as a comprehensive ecosystem for those who want to mine, earn, and use bitcoin in a simple and secure way. With over 12 million terahashes of computing power distributed across the United States, Africa, and Central Asia, and more than 5 million registered users, GoMining is redefining the way to participate in the bitcoin economy.

Conclusion: Bitcoin, Between the Desire for Adoption and Reality

The GoMining survey captures a rapidly evolving world: users believe in the potential of bitcoin as a payment tool, but are waiting for the infrastructure to meet their expectations. Privacy, incentives, and ease of use are the keys to unlocking a new phase of mass adoption. If companies can address these needs, bitcoin is poised to become a key player in everyday payments as well.