Topic: bitcoin is unsettling, for those who don't have it - page 4. (Read 642 times)

Isn't it because they just simply don't understand it? I mean, most people have egged Bitcoin as something to replace fiat and banks which is, in the perspective of someone who doesn't use crypto, is in general saying that it's going to destroy the system and replace it. Who would like that no? Bitcoin was never made to replace fiat or banks, it was just there as an additional option (and one that is very welcomed by a lot of people). It's never going to hurt/damage anyone on its own since it's just a medium.

I will start from leaving your job because of bitcoin, you won't have leave your job because of it because it is a digital currency that can operate at your convenient time, before you leave any thing think of the good and bad involve,

For you to be against bitcoin you have any reason of doing that but because you don't no about it, because you about bitcoin then very well won't have condemn it,  you would have make research of bitcoin and check if is good to follow with. You back now because you have seen people progressing over bitcoin, kudos for you coming back to digital currency

People who are optimistic about Bitcoin talk about it as an investment. all they care about is the price, not the decentralization and the multiple options that they enjoy as an alternative to the current financial system.

Perhaps with the passage of time and the use of Bitcoin in international trade and with the stability of prices, you will find many people who hate this technology gradually turning to it.

Unfortunately, the media plays a big role in creating public opinion, and most people are looking for primitive information without going into details, and therefore you will find them content with news headlines to judge the quality of something or not.

actually reflecting from my experience in the field of bankers and people who initially rejected bitcoin actually there were clear reasons and at least it could be a strong enough reason why they hated bitcoin, because basically the system which is bitcoin has a different system from banks and can even be said to be the opposite. from the bank itself and this makes people who like fiat will indirectly feel a threat and of course they will not like this. because at first I was like that because I haven't felt the benefits and haven't been in the scope so no matter what it looks like in it, I will still call this something that cannot be used as an asset for investment.
this is what will be felt first for people who reject bitcoin. they are too comfortable with the old system that when the new system is born they don't want to deal with it.


not surprising indeed because I thought that way last year
But indeed, if you look at it now, we can't just leave bitcoin and like it or not we also have to get to know this sophisticated creation regardless of whether or not we want to invest later we can't just get rid of bitcoin at this time.
and maybe for people who still refuse with the reason bitcoin is a scam, they should open their eyes wide now

To be clear bitcoin is not against the banking system. In fact it is jut an additional option for those who need the utilities that bitcoin provides as the only decentralized censorship resistant global currency. Otherwise the banking system will continue working as before whether it was corrupt or not.

In my experience most people who ignore bitcoin or go as far as hating it are two categories. First are those who are secretly accumulating bitcoin so they spread FUD to discourage others from buying this scarce currency and increase its price and second are those naive people who believed in the FUD they have been reading for years.

I am a person who has an idealistic nature by nature, and because of this trait when I am at a point where I have fiat and the bank is behind me, I feel very comfortable (at that time).
and then when bitcoin came around and it started to get crowded I felt this was something that wasn't right because my presumption was how it was possible for something that didn't exist to have value and I didn't accept that at first.

when this happens, maybe until now I am still struggling with a monotonous life with finances that will indeed be regulated by the government and banks, although indirectly but in my opinion it is the same as financial arrangements there.
but after I feel that things like this will gradually erode especially with the advancement of automatic technology, people will think again in choosing and managing finances, so when someone can open their mind I think the best choice is bitcoin when comparing it to fiat.

although in perspective this is true but actually this is something wrong in my opinion
because what I believe until now there is nothing easy in investing and there is always a risk in it that's why when I say bitcoin is the easiest thing to get money I don't really agree with that because, while being here (1 year) it is not easy to understanding how the system is in bitcoin, let alone to analyze it, requires a continuous process in my opinion.
As for the problems that can be handled by bitcoin but cannot be handled by banks, the clearest thing so far that I have encountered is the ease of transactions because indeed with the current p2p system I feel very comfortable with it even though I don't know who the person is (anonymity) but there is no doubt even in the existing and clear transactions without any intermediaries in it so that we can arrange as we want

No clear reason why crypto or btcoin is hated? if the financial authorities hate it so much it may be true, because it is independent and also does not require intervention from the financial authorities.

Individuals won't hate it because those who don't know their bitcoins won't care because it's not in it and those who suffer losses will probably hate it.
and if they are profitable they will be happy and while those who have never invested or traded in crypto or bitcoin and hate it i don't care.

Most of the people I know that started to own Bitcoin or started using Bitcoin are just because they thought some "easy money", I'm glad that you really appreciate the use of Bitcoin.
I have a question also that from you as a former banker and now a pro-Bitcoin supporter, what are some problems you encounter or most of the people encounter from using banks that Bitcoin can handle?

Thank you OP for your story.  It is always good to hear about what brought people to use bitcoin.

Although, I am sorry to read that you went through some adversity with your financial security before you came upon bitcoin.

It is too bad, like you say, that some negative experience with a financial institution is the only matter that may get people to notice bitcoin.  But it does confirm that bitcoin is working as intended, as designed.

And, welcome to this forum.  The useful information contained within these pages is the real stuff.

Yes, that is why people hate and do not want to invest in bitcoin.
It is like what I suggested to a friend a few years ago.
He refused to follow me to invest in bitcoin because he thinks that bitcoin is not real, he can not touch and see the form of bitcoin but it existed from a long time ago.
You made a good decision to invest in bitcoin and leave your job so I hope that you will get something better than your last job and I am sure you will have a chance to have revenue from crypto.
You are now have your own choice so we hope that you be careful in investing in crypto.

But what if you were not disappointed with the bank system? What if the bank didn't take your finances for reasons you didn't understand? I am asking these questions because one of the main reasons why people are still with fiat is that they don't feel troubled with it. They didn't experience any significant inconvenience with it. Do we have to go through a bad experience first before taking a closer look at the alternative?

Anyway, the switch from bank to Bitcoin is understandable in your case, but why leave the job altogether? Bitcoin is not a source of income I suppose, or at least not a stable one.

Did you have any specific reason why you didn't like it before though? I find a lot of people who are against aren't really against Bitcoin, and what it stands for instead they're afraid of adopting a new system which in a lot of ways is quite a bit different to what they're used too. Plus, is probably more complex to learn, and the idea of being your own bank isn't exactly for everyone.

Quite a lot of Bitcoin users are here because they've been shafted or at least unhappy with our their bank has handled a certain situation. I'm not exactly here because of that, but it contributed to me believing in Bitcoin after having a few issues with banks. Honestly, the major issues I had with banks is they didn't like purchasing or withdrawing Bitcoin, which I felt was a breach of my freedom considering its suppose to be my money.

I am a former employee who worked in a private bank in a remote area of ​​my country.
when some friends started introducing crypto, especially bitcoin, I was the one who was the most against it because apart from being against the work system I was doing, it also had an impact on the quality of banks in my area.
came to a turning point where I was disappointed with the bank system that took my finances for no apparent reason so that it made me switch to bitcoin and leave my job that I considered special before in 2020.
and an extraordinary thing happened, where as long as I was in cryptocurrency for this year it turned out that crypto, especially bitcoin, was not as bad as I thought at first, this is actually one of the good investments that I just made after investing previously regulated by the government and some real estate .

from here I started to think, the reason why people still hate bitcoin is because they don't exist and have never felt what it's like to be here so when other people say it's very good they won't believe it because they haven't felt it before.