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Topic: How do you feel about the negative reputation of the bitcoin currency? - page 3. (Read 5987 times)

member
Activity: 104
Merit: 100
GetClams.com
OP - More appropriate question is How do you feel about NASDAQ and VISA announcement today validating our tech? Like Nakamoto said: "If you dont believe me or dont get it, sorry I don't have time to try and convince you." Why waste time trying to justify to a bonehead!
legendary
Activity: 1470
Merit: 1004
But i think that bitcoin got negative reputation by the hackers that steal bitcoins.
And/or do suspicions activity by dealing through bitcoin.


Obviously the same happens with regular curency as well, but people are not objective enought to admit it. Stollen and emptied paypal or bank accounts / credit cards becomes normal, and crime/corruption uses cash or bank transfers as well. I cant understand rational reasons why Bitcoin should be any different, after all - the same people use Bitcoin as well.

I saw a documentary about one council that was so corrupt people had to use chests of fiat cash to pay it planning permission bribes, suitcases weren't big enough to hold all the money. Do people stop using dirty fiat money because it's used like that? All money, Bitcoin, fiat, gold, is capable of being dirty if it's used like that.


then, why would I use BTC over debit cards which are electronic money too? Smiley

I have ZERO fees for any purchases online and offline and instant transactions. Why Bitcoin? I just want to hear one real reason for someone using Bitcoin and not debit cards Smiley

Pls. skip the "privacy" speach and all the libertarian shit  There is no privacy. BTC is controlled by GOvs through licensed exchangers who are using banks and so on....
Licensed = rules, laws so the opposite of the libertarian shit
full member
Activity: 184
Merit: 100
But i think that bitcoin got negative reputation by the hackers that steal bitcoins.
And/or do suspicions activity by dealing through bitcoin.


Obviously the same happens with regular curency as well, but people are not objective enought to admit it. Stollen and emptied paypal or bank accounts / credit cards becomes normal, and crime/corruption uses cash or bank transfers as well. I cant understand rational reasons why Bitcoin should be any different, after all - the same people use Bitcoin as well.

I saw a documentary about one council that was so corrupt people had to use chests of fiat cash to pay it planning permission bribes, suitcases weren't big enough to hold all the money. Do people stop using dirty fiat money because it's used like that? All money, Bitcoin, fiat, gold, is capable of being dirty if it's used like that.
member
Activity: 112
Merit: 10
I'm about to make another thread on this. Hold on tight and stay tuned.
sr. member
Activity: 294
Merit: 250
But i think that bitcoin got negative reputation by the hackers that steal bitcoins.
And/or do suspicions activity by dealing through bitcoin.


Obviously the same happens with regular curency as well, but people are not objective enought to admit it. Stollen and emptied paypal or bank accounts / credit cards becomes normal, and crime/corruption uses cash or bank transfers as well. I cant understand rational reasons why Bitcoin should be any different, after all - the same people use Bitcoin as well.
legendary
Activity: 1400
Merit: 1001
The perfect scam money is still FIAT. King of all dark transactions. I am surprised that critics are so blind and are spouting total nonsense about Bitcoin features without better knowledge of the topic.
If paper money were created today I am sure that idiots would be calling it too liberal, as you can share and give paper money while being totally anonymous without anyone's knowledge too!
hero member
Activity: 994
Merit: 500
Bitcoin will always have a negative reputation because it is newer.  Not many people like change and it is hard to adapt to.  We will see what happens over time but I don't think Bitcoin will be accepted for another 5 years at least.  Time fixes all.

Because it is new it does not mean that is is bad.
Bitcoin is very innovative and soon will change the way how we deal through internet.
I think it only needs time for people to understand what really is bitcoin and how it works.


People in general are sceptical to new things or learning to use things differently. But if world moves toward higher freedoom over time, then no doubt decentralized public ledgers like Bitcoin will become standard for currency.

I think most negativity about Bitcoin comes from people because they think Bitcoin is not backed by anything and created out of nothing by group of geeks. People want to believe in illusion their national currency is safe and perfect, remember - everybody is learned to use national currency as the only option, and as I told any change is difficult (you wont learn old dogs new tricks easily, if at all Smiley).

Well about the skepticism it is right that the people are sceptical to new things.
But i think that bitcoin got negative reputation by the hackers that steal bitcoins.
And/or do suspicions activity by dealing through bitcoin.
sr. member
Activity: 294
Merit: 250
Bitcoin will always have a negative reputation because it is newer.  Not many people like change and it is hard to adapt to.  We will see what happens over time but I don't think Bitcoin will be accepted for another 5 years at least.  Time fixes all.

Because it is new it does not mean that is is bad.
Bitcoin is very innovative and soon will change the way how we deal through internet.
I think it only needs time for people to understand what really is bitcoin and how it works.


People in general are sceptical to new things or learning to use things differently. But if world moves toward higher freedoom over time, then no doubt decentralized public ledgers like Bitcoin will become standard for currency.

I think most negativity about Bitcoin comes from people because they think Bitcoin is not backed by anything and created out of nothing by group of geeks. People want to believe in illusion their national currency is safe and perfect, remember - everybody is learned to use national currency as the only option, and as I told any change is difficult (you wont learn old dogs new tricks easily, if at all Smiley).
hero member
Activity: 994
Merit: 500
Bitcoin will always have a negative reputation because it is newer.  Not many people like change and it is hard to adapt to.  We will see what happens over time but I don't think Bitcoin will be accepted for another 5 years at least.  Time fixes all.

Because it is new it does not mean that is is bad.
Bitcoin is very innovative and soon will change the way how we deal through internet.
I think it only needs time for people to understand what really is bitcoin and how it works.
hero member
Activity: 784
Merit: 1000
Bitcoin will always have a negative reputation because it is newer.  Not many people like change and it is hard to adapt to.  We will see what happens over time but I don't think Bitcoin will be accepted for another 5 years at least.  Time fixes all.
hero member
Activity: 742
Merit: 500
The negative reputation of bitcoin is tight to mt.gox and silk road. People  think that bitcoin is mostly used to buy drugs and weapons. But in reality bitcoin is more than a financial tool to obtain drugs.

This remembers me when and other cryptocurrencies like perfectmoney webmoney,
Which are/were used for the same things like you mentioned.
These are money so everything you can do with cash you can do with cryptocurrencies so it isn't needed to accuse bitcoin for illegal activities.   

I am agree with you , man. Many other ewallets was used to make illegal transactions , like perfect money in the past, for example. And the money can be used in the leagal or illegal cases as known, so i don't think that's exceptional or giving bad reputation for btc exceptionally
hero member
Activity: 532
Merit: 500
The negative reputation of bitcoin is tight to mt.gox and silk road. People  think that bitcoin is mostly used to buy drugs and weapons. But in reality bitcoin is more than a financial tool to obtain drugs.

This remembers me when and other cryptocurrencies like perfectmoney webmoney,
Which are/were used for the same things like you mentioned.
These are money so everything you can do with cash you can do with cryptocurrencies so it isn't needed to accuse bitcoin for illegal activities.   
member
Activity: 112
Merit: 10
Most news about bitcoin is positive recently.
Links please?
sr. member
Activity: 420
Merit: 250
i dont care about it personally though i think that some people might get less interested in bitcoins because of that though its just my opinion
hero member
Activity: 896
Merit: 1000
Most news about bitcoin is positive recently.
hero member
Activity: 742
Merit: 500
It's normal, you know, each coin has two sides.

I don't believe about bad reputation about Bitcoin, it's just thoughts and rumors nor a real facts indeed.
Bitcoin have a lot of enemies worldwide and they don't like to support it so they they spread this wrong things about it
legendary
Activity: 1470
Merit: 1004
The negative reputation of bitcoin is tight to mt.gox and silk road. People  think that bitcoin is mostly used to buy drugs and weapons. But in reality bitcoin is more than a financial tool to obtain drugs.

This is true. But even after Silk Road the use of bitcoin in the Dark Web is enormous. According to CoinDesk "Dark Web Markets Processed More Bitcoin than BitPay in 2014". Following some data from this article:

"... Kyle Soska and Nicolas Christin from Carnegie Mellon University revealed that even by conservative estimates the daily sales volume of six large-scale dark markets reached up to $650,000 in 2014.

The bitcoin merchant processor's self-reported annual total, $158.8m, would produce a daily average of around $435,000."

More can be found here: http://www.coindesk.com/dark-web-markets-processed-more-bitcoin-than-bitpay-in-2014/

So the people have right in thinking that bitcoin is used mainly from the criminals and culprits. The only thing that can fight this is the regulations of bitcoin. In this way, bitcoin will be known by to many other kind of people, will be owned and used by them and will be not more only an illegal currency used by the above firsts people.

As for being more than a financial tool to obtain drugs this is more hard to be understand and explained because even to many of us which have time in learning and using it is hard to find which of its technological qualities can (might) be used or have importance in the real life except being an currency.


Very good point and I share your view. Smiley

Yes, Bitcoin is used mainly from the criminals, culprits and gambling. This is the pure true. That report is very accurate. Who is using BTC for shopping? You have to think logically.Why you would buy something with BTC when you have credit /debit cards and they are INSTANT and NO fees?

BTC is a niche e-currency that it's used by the black markets mostly. Yes, there are is percentage of people who are using with good faith but these do not count.
 


full member
Activity: 134
Merit: 100
It's normal, you know, each coin has two sides.
hero member
Activity: 742
Merit: 500
i feel sad,and one of negative thing about bitcoin causes legalizing.

Bitcoin is already legal in many developed countries, it's just like the other currencies, a tool to make trades , selling buying online and offline. I don't think that legalizing represent real problem for bitcoin's users
full member
Activity: 210
Merit: 100
i feel sad,and one of negative thing about bitcoin causes legalizing.
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