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Topic: How do you feel about the negative reputation of the bitcoin currency? - page 7. (Read 5987 times)

legendary
Activity: 1302
Merit: 1005
New Decentralized Nuclear Hobbit
Everything can be used for good as well as bad. Bitcoin is not anonymous (at least not completely), so gradually the bad stuff should disappear.
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
Bitcoin is just money, and money always attracts the greedy and a criminal element. There is nothing special or different with bitcoin. You must pay taxes on bitcoin earnings or face the same penalties as any tax cheat.
That's how I see it as an American. However if I lived in a shitty dictatorship I would see bitcoin as a way to get justice by evading the government. If i lived in a totalitarian country I would see bitcoin as a financial liberator. Bitcoin is not a tool to judge social benefit or make a moral statement. It is just money.

Bitcoin is financial liberator everywhere, USA included. That's the most important property of it.
sr. member
Activity: 244
Merit: 250
There is just as much good news as bad. Anyone that bothers to do any research knows that bitcoin is not anonymous. Every transaction is recorded on the blockchain for the world to see. You can see contents of wallets also.

I remember when the internet was 1st becoming popular, people were saying almost the exact same things we hear about bitcoin now. Word for word sometimes. LOL

@codish, You may want to google an organization named Darpa for the origin of the internet. Wink
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
Only sheeple got negative opinion about Bitcoin.
legendary
Activity: 1106
Merit: 1000
Before bitcoin created, dark market/illegal things can buy with fiat and it's still ongoing. it's a tools, you can use it for good or bad things. recently a lot positive feedback for bitcoin, more adopter coming. people already wake up(although is not all and still not half human being in this world).

Everything you can buy with a money, including a husband.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
I don't have any feeling, honestly. That's like you have asked me how do I feel about dollars having negative reputation since the people fight wars around the world to gain as many dollars as possible.

Bitcoin is a new technology, and every new thing gets bashed in the beginning. Well Bitcoin opponents have taken a decision to bash Bitcoin and the weapons that they are using the most is its initial negative reputation. This is really all they got! We should just stop paying attention to the FUDsters.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Bitcoin is just money...
That's a great commentary, but I think you're missing the point of my post.

Sorry I'll...

Aren't you concerned that the utility you value so much will be lost if only a few people are left using it?
Yes. lol. There are no guarantees of course, but I think we are past the infancy stage and it will take a lot to kill bitcoin now. To date I have never even seen a viable way to kill it. So I'm just not worried about price or the future at the moment. I feel like the war is over, and brother, we won!
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Bitcoin is just money...
That's a great commentary, but I think you're missing the point of my post.

Sorry I'll try again then. I really don't care about what others think of bitcoin.  Cheesy
For me it is the fastest, cheapest, and most secure way to move money. That is more than enough to make it the only money I use online. I will use it as long as I can and expect that will be the rest of my life.

Aren't you concerned that the utility you value so much will be lost if only a few people are left using it?
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Bitcoin is just money...
That's a great commentary, but I think you're missing the point of my post.

Sorry I'll try again then. I really don't care about what others think of bitcoin.  Cheesy
For me it is the fastest, cheapest, and most secure way to move money. That is more than enough to make it the only money I use online. I will use it as long as I can and expect that will be the rest of my life.
legendary
Activity: 2632
Merit: 1094
The anonymity is the advantage as well as disadvantage of bitcoins. Where we are free from being taxed using bitcoins, it comes with a fear as well. Whenever I transfer BTC to my account, I need to keep checking if there are any issues with the transaction or my account as many exchange websites are shutting down due to the use of bitcoins. Many have said that users need a license to trade in bitcoins and I don't want to be in any kind of trouble as I don't use my bitcoins to gamble or to fund any illegal activity.
full member
Activity: 182
Merit: 250
I'm definitely hoping that with time, the reputation will get better and better.

We need more stuff like this to start happening:
http://www.efinancialnews.com/story/2015-08-20/nasdaq-our-plans-for-the-blockchain-fredrik-voss
full member
Activity: 196
Merit: 100
Bitcoin is generally attracted by criminals due to its awesome features like anonymous,No fees,No taxes,No government issues,No chargebacks Tongue but that doesn't mean everyone using bitcoin is criminal..
If some people think that way that people using bitcoins are greedy,thiefs etc then that is there fault they do not know much about bitcoins..
I would say everything in the world,including bitcoin has it's pros and cons..If bitcoin has negative side then it do has positive side also and it depends on you which side you stand Smiley
member
Activity: 112
Merit: 10
As I'm sure you all know, Bitcoin is a currency that allows users to make money or send money anonymously, with little to no concern of the government taxing your hard earnings, and not being able to know what a trade is revolved around. Bitcoin as of now has a reputation of being a dangerous asset to the world of illegal transaction (theft, scams, and overall illegal activity). There has been proof that bitcoins and other currencies similar such as altcoin and so on have been continuously tied to illegal activity.

My concern as an interested participant in the act to make this currency a well occupied currency is being threatened and truly compromised by people who still to this day sell and purchase illegal substances, and services. I constantly read people's trust commentary pages on how some users are "pedophiles" or sell stolen property. My only wish is that we get our acts together as adults, and prove to society that we are not criminals. We are just people that enjoy our privacy, enjoy being what we want, and enjoy freedom. Thank you.


Your thoughts?

My thoughts are everything is going to plan... when the internet first came out it was a dangerous place full of porn and good for nothing.  The mainstream are always slow to catch on and bitcoins start is looking just like the internet.
Actually, the internet was at first created for doctors to transfer and share information.
hero member
Activity: 546
Merit: 500
As I'm sure you all know, Bitcoin is a currency that allows users to make money or send money anonymously, with little to no concern of the government taxing your hard earnings, and not being able to know what a trade is revolved around. Bitcoin as of now has a reputation of being a dangerous asset to the world of illegal transaction (theft, scams, and overall illegal activity). There has been proof that bitcoins and other currencies similar such as altcoin and so on have been continuously tied to illegal activity.

My concern as an interested participant in the act to make this currency a well occupied currency is being threatened and truly compromised by people who still to this day sell and purchase illegal substances, and services. I constantly read people's trust commentary pages on how some users are "pedophiles" or sell stolen property. My only wish is that we get our acts together as adults, and prove to society that we are not criminals. We are just people that enjoy our privacy, enjoy being what we want, and enjoy freedom. Thank you.


Your thoughts?

My thoughts are everything is going to plan... when the internet first came out it was a dangerous place full of porn and good for nothing.  The mainstream are always slow to catch on and bitcoins start is looking just like the internet.
legendary
Activity: 1512
Merit: 1000
I don't care about the reputation of my money. The only question is "Can I use it for something useful or not?" (Please note that I consider "gambling" on altcoin exchanges as something useful Smiley.) BTW talking about reputation in the case of money seems to me a bit of stupid thing Smiley.
legendary
Activity: 1904
Merit: 1074
Every person who believe this, should react on any fud being spread about Bitcoin. They should be more active than the shills doing this and they should provide counter arguments for

all of these false accusations and bullshit statements. This is the only way to stop this reputation from growing into a unmanageable problem.

Yes, there are scams, but there are scams in any other payment method too.. just get over it, and use it legally and show other how to use it legally too.  Wink 
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
Who cares? As long as i use bitcoin for good purpose, people can't say that i'm also bad guy who use bitcoin.
I would tell people that bitcoin isn't currency for bad purpose & there are many good place which accept bitcoin.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
i dont care. educate the people.

We need more educators and advocates for this cause. The media could easily brainwash people no matter how hard we instill to their minds that bitcoin is the way to go.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
i dont care. educate the people.
legendary
Activity: 2282
Merit: 1023
Bad reputation is slowing down the adoption of Bitcoin by the layman who do not understand that bitcoin is of no difference from fiat.
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