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Topic: Unnecessary reasons why people dislike Bitcoin. (Read 1013 times)

legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
it is no wonder that many people dislike bitcoin for simple or completely unreasonable reasons, but it is their right to have such a stance and no matter how we explain to them that bitcoin is not what they think, in the end they will reject it and stick to their stance. so whether they want to reject or accept bitcoin is not a problem, because bitcoin will remain like this with or without them, it's just that they might miss the opportunity to get to know bitcoin more deeply and use it, and that is their loss.
The most unreasonable thing for those who don't like Bitcoin is the past mistakes they made but instead of correcting those mistakes by learning from the mistakes they made, they blame Bitcoin and also not infrequently they even prevent others who want to learn about Bitcoin, of course this is very bad.
You are right with or without them Bitcoin will continue to grow and we can see for ourselves how far Bitcoin has developed since its inception and of course it will continue to grow and also this will benefit those who hold the asset and when those who don't like it see people have made a profit from Bitcoin of course there will be a sense of regret for them for not taking the time to learn it properly.
full member
Activity: 868
Merit: 202
it is no wonder that many people dislike bitcoin for simple or completely unreasonable reasons, but it is their right to have such a stance and no matter how we explain to them that bitcoin is not what they think, in the end they will reject it and stick to their stance. so whether they want to reject or accept bitcoin is not a problem, because bitcoin will remain like this with or without them, it's just that they might miss the opportunity to get to know bitcoin more deeply and use it, and that is their loss.
legendary
Activity: 2744
Merit: 1878
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-snip-
It seems strange, that people get turned off by something after falling for a scam which had no direct connection nor can be blamed on that something... And yet, many of them keep holding on to their fiat as if it was not a scam in itself...Thinking objectively is the main goal. Everything else is a child's tantrum.
Hahaha child's tantrum, nice and appropriate words when someone says a scam on a currency that won't even be a scam.

In this case, Bitcoin is only used as a scapegoat so that hatred will arise only on Bitcoin, not on the scammer,
not on Fiat, which is clearly a currency that is always used.

Even though, Bitcoin is a decentralized digital currency and cannot be regulated by anyone completely.
It's like a knife that can be used to kill or to cut vegetables, depending on who uses it.

People who are angry and deceived because of Investments in the name of Bitcoin, They don't see what is behind all that.
Even though they themselves are stupid and easily deceived by others.

Where I live, Bitcoin has no place whatsoever, it's just a digital currency that they think will just disappear.
Because there are more and more people who don't understand the technology and development of new payment currencies like Bitcoin,
if there is no physical Bitcoin or anything else, it will not be taken seriously, and it is just said to be a game and such.
sr. member
Activity: 672
Merit: 321
I like to treat everyone as a friend 🔹
Basically, as far as I know most people currently like digital currencies a lot, but there are some people who disagree. People who disagree with Bitcoin are not very experienced and have no idea about digital currency, which is why they dislike Bitcoin. But we all know that Bitcoin is a digital currency that helps people a lot to solve their financial problems when a person invests in Bitcoin. If you have invested in Bitcoin then surely it will give you financial freedom that's why we like Bitcoin more, but I think people who dislike Bitcoin in this day and age are fools. Till date no person has been scammed by investing in bitcoin, but we know that people face many losses in altcoins, in which case bitcoin is the best project to invest in. But I think people who are afraid to invest in Bitcoin will probably regret that they didn't invest in Bitcoin sometime in the future, because Bitcoin will go higher sometime in the future.
copper member
Activity: 1815
Merit: 1004
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Only those people dislike bitcoin who can’t afford it now as it is trading between 55k to 60k USD, those who are associated with bitcoin since long still loves bitcoin and they all know the potential of bitcoin so they keep buying coins and holding till the best time of selling will come.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
A platform not everyone understands.  Especially those who are inexperienced about it.  Bitcoin has overcome many hurdles and characterized itself.  People get scammed from coins other than Bitcoin.  Due to which their trust is broken. Again Bitcoin is not like fiat money it cannot be held, touched, touched.  This can also cause a dislike.   But this idea of ​​people will be broken if they get proper knowledge about Bitcoin.  Due to the lack of technical knowledge, people may also think that if there is decentralization, it is not in anyone's hands. In that case, the security of their money may also be a matter of doubt.
Bitcoin is not a platform, it can be called an asset or a currency but not a platform, though you are right that not everyone understands it or knows what it is and how good and useful it can be. Most people these days see Bitcoin only as an investment because of its growing price and I don't blame them, but they don't know its utilities which is the reason why they start disliking it when they incur some losses because they are in it for the profits only.

People from back in the day used to like Bitcoin because of what it has to offer, decentralization was a revolutionary thing because no previous currency or asset was made this way, every system created used to be centralized and under the control of some authority or entity but Bitcoin was different.

If people today don't understand what decentralization is worth, it's their loss, and those who know Bitcoin's worth apart from its price, they are going to be the ones who will benefit the most from it.
jr. member
Activity: 42
Merit: 1
I'll mention a reason - and this is the most common misconception that they believe everything is the same ... like Bitcoin is everything .. no knowledge of other coins, altcoins, meme coins, shitcoins.... nothing...
So any news related to one coin is considered as the standard and default... ofcourse every platform has to be understood, and experienced to be talked about.. i am no expert but this is what i usually hear from most who hide their interest in crypto and yet keep blabbering the same old thing that its not worth it
full member
Activity: 532
Merit: 181
The fact is that those that hate bitcoin lack the knowledge of bitcoin potentials and they have been brainwashed by people, especially the government because they are the ones that comes on air to start criticism on bitcoin that it is used by illicit activities as if fiat is not the currency that has the highest illegal activity records but the government will keep it secret.

While some folks as so sceptical to accept new technology but prefer to stay old fashioned in fiat simply because that is what they have being using since they were young.

That is why they will fail at bitcoin because they lack experience with it, and when they fail, they will start saying terrible things about it since they have not benefited from it, and you will never succeed at investing or running a business if you lack expertise. Many people who dislike bitcoin don't understand what it is used for because if it isn't good, they won't scam them with it. It's simply for you to know which wallet you'll use to store your coins without scammers having access to them.

Some people do not have enough money to invest in bitcoin, and they will try to discourage some people who are interested in investing in bitcoin, and if the people do not go and do research on it, they will not know if the haters are lying or not, so anything you are trying to do in this world, you should know the main things about it, even if people are saying negative things about it, and you should try and do it to see if it is true or not.

Knowledge is essential, without it, it will be difficult to reach your goals because you will be dominated by others and accept whatever they say. Everyone has different options, and everyone chooses the one that works best for him. Some people prefer to use fiat because they are accustomed to it and can invest with it, and it will be difficult to persuade them to invest in cryptocurrency because some people are afraid of online businesses or investments and see everything as a scam, but it is all about knowledge that causes all of this.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.

I came across someone who hate Bitcoin cause she was scammed through it, but my reply was that they scam people everyday using fiat money so are you going to hate using fiat as well, then she was dumb founded and couldn't reply

That is probably exactly the same thing that I would have replied, had I been in your place.

It seems strange, that people get turned off by something after falling for a scam which had no direct connection nor can be blamed on that something... And yet, many of them keep holding on to their fiat as if it was not a scam in itself...Thinking objectively is the main goal. Everything else is a child's tantrum.
legendary
Activity: 1974
Merit: 1150
~Snip
right, and also most people who don't like btc because they invested in crypto wrongly and they feel cheated by bitcoin even though if they invest in right coin.  the right one especially bitcoin I think will not experience a big loss if even a loss is if you sell assets when the market is down, because there are many opinions that having bitcoin is an advantage from a survey of people who have crypto
Some people don't like bitcoin not because of the potential financial losses in investing, but there are various other reasons you can find.
Some of them may have been mentioned by users before I posted this, but maybe you should know that some people think that bitcoin is a speculative currency and has no physical value. Its decentralization can be misused by certain irresponsible parties, which is also mentioned as one of the reasons why the government does not legalize it as a legal currency.
sr. member
Activity: 1330
Merit: 257
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We have said it many times on this forum that the reason why some people hate Bitcoin is because of their misconception, lack of proper Bitcoin knowledge, and how they might have been scammed through other altcoins. Anyone who has comprehensive knowledge about Bitcoin will not hate it because Bitcoin itself is not a scam. If Bitcoin were a scam, it would not have even accumulated the value it has today. That is why all of these scam projects's only trend for a short period of time, and after that, there's no information in such projects again.
right, and also most people who don't like btc because they invested in crypto wrongly and they feel cheated by bitcoin even though if they invest in right coin.  the right one especially bitcoin I think will not experience a big loss if even a loss is if you sell assets when the market is down, because there are many opinions that having bitcoin is an advantage from a survey of people who have crypto
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
A platform not everyone understands.  Especially those who are inexperienced about it.  Bitcoin has overcome many hurdles and characterized itself.  People get scammed from coins other than Bitcoin.  Due to which their trust is broken. Again Bitcoin is not like fiat money it cannot be held, touched, touched.  This can also cause a dislike.   But this idea of ​​people will be broken if they get proper knowledge about Bitcoin.  Due to the lack of technical knowledge, people may also think that if there is decentralization, it is not in anyone's hands. In that case, the security of their money may also be a matter of doubt.

Is Bitcoin a platform because what I know Bitcoin to be is a currency or an assets that we can use as store of value. People really do not understand Bitcoin and they are viewing Bitcoin from what they heard from others. Those who do not like Bitcoin are going to call it names to discourage others from investing in Bitcoin as they are scared of how Bitcoin can grown and take the control from their hands. Bitcoin is built to be decentralized therefore the governments would no like it and they can spread rumours about how Bitcoin is bad but they are not truth but lies. The reasons why people say they hate Bitcoin are not that valid because they are mostly assumptions and not fact. Anyone that studies Bitcoin knows it is not as bad as the government are trying to make it look like but it is because of their propaganda that they are saying Bitcoin is bad.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
Those who claim that they dislike bitcoin are just too scared to take risks. It is very normal for them to make excuse for their own fears. Some of us here have at some point had our own personal opinions about bitcoin but since we decided to take the risks, here we are stuck with Bitcoin. Risk takers are not scared of trying something new and if they try and fail, they try again but with a different approach. How will people condemn what they have not even tried out before? Its really funny  how this same people are comfortable using FIAT which gets devalued every day by inflation but will see nothing good in bitcoin that offers something better.

It is true,  bitcoin investment is not for the faint hearted, the weak can still hating it while the brave ones keep exploring and improving their standards of living with bitcoin.

It is laughable that personal deceit has been on the rise because of lack of interest by most individuals to learn and adapt to technological settings, people are myopic about innovations and thats why most of them end up not starting this journey when the were suppose to do so, although i know that some people want to get everything easily without any form of risk or stress, this could also be procrastination at work, but with what i know, i dont think that it is wise to hate what you dont know how it works, bitcoin has its own concept and that concept gives it edge over other cryptocurrency.
We know that fiat has it own functions and it also work with Bitcoin in some aspects but people should understand that the value of fiat can never be compared with Bitcoin, every aspect of fiat is been controlled by the government, so with this analysis, why will someone be afraid of investing in an asset thats inflationary free, it is will be better when an indivudual use financial lapses as an excuse than saying he or she dislikes a technology and currency of the future.

In life, overtaking is allowed, once a person keep giving excuses and procrastinating about what would have been beneficial to him or her in the future, the set of persons with foresight embraces the opportunity and make it a life changing asset, investment is a choice and I believe that Bitcoin investment is for people who knows the potentials of the said investment.


Bitcoin goes beyond technology. Reclaiming your money from the government is the goal. Its not ideal, but Bitcoin is much better than paper money that lose value every year. This is about choosing. Owning something politicians cant touch is a good choice.

You may be hesitant about this, and thats fine. Change is scary, especially when it involves money. Learning about Bitcoin is smart, not just good. Like missing the century's biggest real estate deal because you didnt grasp the market.

I've been in business a long time and seen the future of technology. Bitcoin is crucial to that future. Its about protecting your money and securing a seat at the new financial table, not just making money. You should learn and explore, folks. This may be your best choice.
member
Activity: 117
Merit: 47
A platform not everyone understands.  Especially those who are inexperienced about it.  Bitcoin has overcome many hurdles and characterized itself.  People get scammed from coins other than Bitcoin.  Due to which their trust is broken. Again Bitcoin is not like fiat money it cannot be held, touched, touched.  This can also cause a dislike.   But this idea of ​​people will be broken if they get proper knowledge about Bitcoin.  Due to the lack of technical knowledge, people may also think that if there is decentralization, it is not in anyone's hands. In that case, the security of their money may also be a matter of doubt.
newbie
Activity: 9
Merit: 2
Try to convince them that fiat is the biggest scam of them all. I still remember a video I saw where the author explained how fiat money has stolen more of people's time and value than even the building of the pyramids. By at least a hundred or thousand times, I cannot remember the ratio. But it was enough to show how much of a monetary slavery we are currently in. At least with BTC, you are now responsible for your own life and it will enrich everyone and everything around you. I still dream of the day that the dollar is defeated and everyone, neighbor and otherwise, become truly free. Imagine having sound money. Everyone will become happier. You'll have more time to yourself, you have to work less at jobs, and everything becomes not only more productive, but cheaper. It will be a massive renaissance. If that dream can be sold to people of what awaits, it will bring them more to our side.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
I know a number of reasons why people dislike bitcoin and usually it's one of the following:

Because some public figure like Warren Buffet doesn't like it.
In other words the person has no preferences, but relies on other people's opinions. You won;t watch a movie because someone else said it's bad. You won;t try a dish because someone did not like it... That's stupid!

Because someone was scammed. Oh shit, does that mean that if you get scammed by someone offering you a valuable gold watch at a discount, which turns out to be a Chinese knockoff, you will never buy a watch again? Cheesy
I think getting scammed is normal if you invest in something you don't clearly understand, it's not that bitcoin will scam you, but the people who took advantage with bitcoin will be the reason behind you get scammed. This is certainly to all types of investments, not only to bitcoin. That's why the best solution is DYOR first before you are going trust and invest on that certain project. No one get scammed if you know your investment well and you're 100% aware on how to manage it.
sr. member
Activity: 434
Merit: 254
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Those who claim that they dislike bitcoin are just too scared to take risks. It is very normal for them to make excuse for their own fears. Some of us here have at some point had our own personal opinions about bitcoin but since we decided to take the risks, here we are stuck with Bitcoin. Risk takers are not scared of trying something new and if they try and fail, they try again but with a different approach. How will people condemn what they have not even tried out before? Its really funny  how this same people are comfortable using FIAT which gets devalued every day by inflation but will see nothing good in bitcoin that offers something better.

It is true,  bitcoin investment is not for the faint hearted, the weak can still hating it while the brave ones keep exploring and improving their standards of living with bitcoin.

It is laughable that personal deceit has been on the rise because of lack of interest by most individuals to learn and adapt to technological settings, people are myopic about innovations and thats why most of them end up not starting this journey when the were suppose to do so, although i know that some people want to get everything easily without any form of risk or stress, this could also be procrastination at work, but with what i know, i dont think that it is wise to hate what you dont know how it works, bitcoin has its own concept and that concept gives it edge over other cryptocurrency.
We know that fiat has it own functions and it also work with Bitcoin in some aspects but people should understand that the value of fiat can never be compared with Bitcoin, every aspect of fiat is been controlled by the government, so with this analysis, why will someone be afraid of investing in an asset thats inflationary free, it is will be better when an indivudual use financial lapses as an excuse than saying he or she dislikes a technology and currency of the future.

In life, overtaking is allowed, once a person keep giving excuses and procrastinating about what would have been beneficial to him or her in the future, the set of persons with foresight embraces the opportunity and make it a life changing asset, investment is a choice and I believe that Bitcoin investment is for people who knows the potentials of the said investment.

legendary
Activity: 1554
Merit: 1139
It has different factors why they hate the use of bitcoin, first is they experience bad things in crypto as you mentioned before they experience scam so they will not the same thing again, next is because of the influence of other people lets say they didn't know or have an idea what the bitcoin is because how does the community portrait the bitcoin bad influence they don't want to take a risk on it, I guess lastly is they really dont know what bitcoin is and they are afraid to have a change in their life so they keep still as is what they have. To those people who seeks an opportunity to the bitcoin and knows the challenges it will become rewarded through out your experience.
For some, they don’t see the reason why they should be all embracing of this new system to finance. These are persons that are so deep into the traditional way of going about their lives that, they don’t really want to change, the old system does serve them well so why should they switch.
Well, the reason why anyone would ever switch or see the need for a switch is always going to come out of a self convincing reason. It’s always cool when you let them find out because, doubt is always out of the question in these times. One who doesn’t doubt is often met by something big.
member
Activity: 194
Merit: 62
Am trying to get the logic behind what you said, although you are right to an extent but there is something we really need to know and thats information, many people may not have a good information about Bitcoin and this might be the reason for their nonchalant attitude towards Bitcoin investment, people do say another man food is another man poison but the truth is that if you have not have a taste of a particular food, you won't know whether the food is nice or not, Bitcoin may be unpopular to those who like banks or fiat as you said because of either lack of information or misinformation about Bitcoin investment, I don't think that an individual that's very much informed about a long-term profitable investment like bitcoin will want to keep his or her money idle in a  financial institution without good return instead of using the same money to build a good portfolio in bitcoin investment, I have come to understand that our choice of investment are been triggered by our mentality and exposure.
Well said, those Bitcoin haters don't know what they're missing, most of them have not even made proper findings about Bitcoin but would just be judging the project based on other people's claims, if you go round and ask many people why they dislike Bitcoin you'll see that some of the haters are government officials misleading people but secretly gaining from Bitcoin Blockchain, while some are clueless of what it's about and feel it's a Ponzi Scheme.

 Come to think of it, Bitcoin value increases over time and people stand a lot to benefit from it if they invest on long-term whereas Fiat money gives no return however your savings are gradually deducted by third party financial institutions who deduct the money gradually with claims of account maintenance and monthly charges.
 
 Therefore I wonder why people would choose it over Bitcoin Blockchain that was made to serve a purpose for both the rich class and commoners, well one I believe is that with time Bitcoin would dominate globally in all financial sectors and more people would gradually consider it for investment purpose.
hero member
Activity: 3024
Merit: 680
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Personally, I cannot advise anyone to go into any short term investment without proper investigation to know if the business is real or fake but right now in the world scammers are more than genuine people and once they approach you with their mouth watering offers the poor with their greedy mindset will mostly be attracted to invest but at the end they will cry out loud.
Even for long term investment, everyone who wants to start any investment that they wanna get in is they need to do their own research.

We highly advise people to make their own research and due diligence before they invest. Not just because everyone is holding Bitcoin, that's the reason they will buy it but no.

It does make more sense if they're going to make themselves a favor by doing that. Because if they do, that's for their sake and not for everyone else.
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