Topic: Bitcoin remains value haters - page 4. (Read 510 times)
It is normal for Bitcoin to have someone who hates it as in all things this too is organic. Even if there is a mass planetary adoption there will always be those who hate it. People are stupid by nature, that's all.
Using my locality as an example I have noticed the resentment for bitcoin and Crypto-currency has reduced. This isn’t to say that it’s been eliminated but it’s not as it use to be.
This shows the world is developing and more people has started to find out the more benefits Crypto-currency offers them. I think the adoption level of Bitcoin would scale up in year to come.
This shows the world is developing and more people has started to find out the more benefits Crypto-currency offers them. I think the adoption level of Bitcoin would scale up in year to come.
It’s obvious the why governments hate it. They are afraid of the revolution it may bring, and how bitcoin can upset the class system. For regular people who say they hate bitcoin, that’s mostly as a result of the information they have been fed by the media and big tech. When you listen to those who are anti-bitcoin share their opinion on the subject, you can tell they do not understand the difference between bitcoin and other cryptocurrencies. Sometimes I think these guys only talk about crypto scams, FTX scandal, mt gox e.t.c and refer to them as bitcoin scams to win their argument. Everything negative that happens in the crypto industry is heaped on bitcoin. I think if more people understood the difference between bitcoin, altcoins and exchanges, a lot of narratives out there would change.
There's a few major reasons why people unreasonably hate Bitcoin. All of them involve a lack of education on the subject.
Some people hate it because of mining and they read about how much energy Bitcoin uses and they think it is terrible. If they understood more about PoW and the enormously positive things it can do for the energy industry and renewable energy they would change their mind.
Some people hate it because they simply don't understand what it is for. They don't understand that it is organically growing from a single person to mass adoption and it will take time for it to actually be used for buying things. They just see it currently isn't really used to buy things so they think it is useless and must just be useful for criminals or something. They also are under the illusion that money is only something that the government issues so they think Bitcoin must be some kinda of illegal thing or scammy thing pretending to be money.
Some people hate it because of the hype and price appreciation. I think this is most people. There are people out there who just hate anything that has a lot of hype because in their mind they equate "hype" with "fake". So they think Bitcoin is just a hype bubble. And for similar reasons people hate it because it has appreciated in value so much and most people simply think anything that appreciates as much as Bitcoin must be all hype or a scam. People are used to stocks, and the public can't invest in stocks until an IPO at which point the private investors have likely already made thousands of percent on their investments, but during all that time the public doesn't get to see that price appreciation. So they are used to investments they are allowed to view and see as things that have usually already gone through most of their price appreciation. If Bitcoin were a stock it probably wouldn't have IPO'd until like $10k or $20k so those first millions of percent in gains would have been hidden from the public eye, and people would be much less obsessed with hating it because it gains so much in value.
Finally there's the crypto bros who are all about crypto apps and random tokens and NFT images and useless meme coins and all that stuff. They hate Bitcoin because someone told them its "old tech" and they believed the lie, and the idea of apps is easier for them to understand than the much broader idea of money. They think an app is better than money cuz money is too basic an idea so one of these app tokens must inevitably replace Bitcoin cuz they have an app. It's just classic "small thinking". And they also get caught in the crypto-promoted idea that number of transactions is all that matter so they just desperately buy anything that has lots of transaction capacity and think Bitcoin is "old tech" because it doesn't. Just a basic lack of understanding of the point of blockchain tech.
Some people hate it because of mining and they read about how much energy Bitcoin uses and they think it is terrible. If they understood more about PoW and the enormously positive things it can do for the energy industry and renewable energy they would change their mind.
Some people hate it because they simply don't understand what it is for. They don't understand that it is organically growing from a single person to mass adoption and it will take time for it to actually be used for buying things. They just see it currently isn't really used to buy things so they think it is useless and must just be useful for criminals or something. They also are under the illusion that money is only something that the government issues so they think Bitcoin must be some kinda of illegal thing or scammy thing pretending to be money.
Some people hate it because of the hype and price appreciation. I think this is most people. There are people out there who just hate anything that has a lot of hype because in their mind they equate "hype" with "fake". So they think Bitcoin is just a hype bubble. And for similar reasons people hate it because it has appreciated in value so much and most people simply think anything that appreciates as much as Bitcoin must be all hype or a scam. People are used to stocks, and the public can't invest in stocks until an IPO at which point the private investors have likely already made thousands of percent on their investments, but during all that time the public doesn't get to see that price appreciation. So they are used to investments they are allowed to view and see as things that have usually already gone through most of their price appreciation. If Bitcoin were a stock it probably wouldn't have IPO'd until like $10k or $20k so those first millions of percent in gains would have been hidden from the public eye, and people would be much less obsessed with hating it because it gains so much in value.
Finally there's the crypto bros who are all about crypto apps and random tokens and NFT images and useless meme coins and all that stuff. They hate Bitcoin because someone told them its "old tech" and they believed the lie, and the idea of apps is easier for them to understand than the much broader idea of money. They think an app is better than money cuz money is too basic an idea so one of these app tokens must inevitably replace Bitcoin cuz they have an app. It's just classic "small thinking". And they also get caught in the crypto-promoted idea that number of transactions is all that matter so they just desperately buy anything that has lots of transaction capacity and think Bitcoin is "old tech" because it doesn't. Just a basic lack of understanding of the point of blockchain tech.
The same way humans have natural haters, so does Bitcoin.
Another thing is that when one cannot subdue you, he is left with two options: either to hate you or to embrace you. Most people will definitely choose to hate you, but that does not mean that their hatred is going to in any way hinder your progress in life.
The same thing is applicable to Bitcoin: the more the hate from both small and influential people, the stronger we are getting. They have been doing the hater job for years, which is why Bitcoin has been returning them the favor by growing stronger day after day. And that's okay for us Bitcoiners; we don't care about the hate anymore. More haters will definitely emerge and cause little fuds, but they still can't actually achieve anything from it.
Another thing is that when one cannot subdue you, he is left with two options: either to hate you or to embrace you. Most people will definitely choose to hate you, but that does not mean that their hatred is going to in any way hinder your progress in life.
The same thing is applicable to Bitcoin: the more the hate from both small and influential people, the stronger we are getting. They have been doing the hater job for years, which is why Bitcoin has been returning them the favor by growing stronger day after day. And that's okay for us Bitcoiners; we don't care about the hate anymore. More haters will definitely emerge and cause little fuds, but they still can't actually achieve anything from it.
According Samson Mow; Some people hate Bitcoin with an intensity that doesn’t make sense. You need to ask yourself why, and what exactly Bitcoin threatens for them to behave in this manner.
I think some people needs to understand that bitcoin is no man's business concerns. After all nobody is using another man's money to invest. Bitcoin could be greater with time, let's leave the hates about bitcoin.
I think some people needs to understand that bitcoin is no man's business concerns. After all nobody is using another man's money to invest. Bitcoin could be greater with time, let's leave the hates about bitcoin.
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