Topic: Unnecessary reasons why people dislike Bitcoin. - page 5. (Read 1007 times)

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.

If they have enough news, exposure from media, friends, relatives about Bitcoin but they decide to stay against Bitcoin, put it on their Ignore lists, it's their responsibility to miss a great opportunity to get financial freedom, full control on their money. We can not change them and don't need to try MORE to change them.

They are close-minded and we can not change them, even with more efforts and time so let's they simply enjoy their lives and continue forwards with their belief and opinion against Bitcoin.

Bitcoin blockchain does not stop moving forwards, block by block, many blocks with time, and it does not care about people who dislike it and don't see it as a great blockchain and technological revolution in human history and financial history too.

Bitcoin value and price don't stop growing with time because of those people.

There are never look back prices https://charts.bitbo.io/never-look-back-price/ and if these people who were against and are against Bitcoin over recent years and in future, look at price chart, they will regret with their wrong decisions.

People have their own right to hate Bitcoin and not care what other people say to them, they remain adamant about hating Bitcoin - and that is a typical closed-minded person. Regardless of whether they have experienced bad events related to Bitcoin, that cannot be a reason to hate Bitcoin because it is like children. Especially for people who hate Bitcoin on the grounds that they have been scammed, that just doesn't make sense. Bitcoin has never scammed people, what is wrong is that people trust the scammers too much and don't understand the correct way to invest/save Bitcoin. But that's how most people are, sometimes it's easier for them to blame other things, even though it's their fault.

That's right, people are equating bitcoin and altcoins and thinking they are the same, thereby causing misunderstandings about bitcoin. But I don't think it's the government's fault or they are spreading it, we shouldn't blame it all on the government. This misunderstanding is due to ignorance or greed of people who invest in altcoin projects without doing any prior research.

Scammers take advantage of investors' naivety and greed to create traps, while investors cannot control their greed and fall into the scammers' traps. It can be said that it all comes from human behavior, not from bitcoin, altcoin, fiat...because they are all just tools.

Regardless of their reasons, it comes to bitcoin there's no such thing as "unnecessary". The fact of the matter is that the reasons why these people hated bitcoin in the first place is quite necessary. They don't know better, they thought the scammers completely represent the whole bitcoin community. Pretty sure if you were in their shoes you will say the same thing especially if you didn't know better.

You can't hate victims for hating the platform where the crime was perpetrated, that's like making fun of someone who got robbed at a back alley when they don't want to come near those anymore. You could've done better by informing them that the scammers aren't what the bitcoin community is completely made up of but instead you deepened their animosity towards us. Way to go kid.

It's better to just be empathetic than call people stupid for things they don't know. You can't invalidate their opinions either cause no matter how ridiculous it might sound there is some basis as to why they stand by such beliefs. Debunk those beliefs but don't call the person a clown for believing in it.

I agree that Bitcoin is legit and that people often dislike Bitcoin due to ignorance, but I also think that when someone doesn't like something, it's okay for whatever reason. For some, it can be bad memories of being scammed or involved in something they'd rather forget. For others, it can be a simple fact that Bitcoin is intangible, so you can't see and touch it. When people make false statements (such as that Bitcoin is a pyramid), it makes sense to correct them. But if it's a personal disliking of Bitcoin, I believe people have the right to dislike it and that's okay.

Most people who claimed they were scammed through Bitcoin are either ignorant or untruthful. Many scammers promote altcoins deceiving people that it is Bitcoin. Many people don't know the difference between Bitcoin and altcoins, so they are easily scammed. I don't see how anyone will be scammed by buying and hodling Bitcoin in the right wallet.

Another set of people who claim that they were scammed by Bitcoin are those who thought that investing in Bitcoin was a get-rich-quick scheme. They thought that it would give them instant profit within a short period. When it doesn't happen they sell their coins at lower than the cost price and claim that they have been scammed.

The government and Bitcoin haters will always give any criminal activities in the crypto industry wide publicity. But fiat scam is the highest in the financial industry. The US Treasury in its 2022 National Money Laundering Risk Assessment highlights how fiat and traditional financial activities continue to be substantially higher than virtual asset use to perpetrate illicit activities.
Chainalysis also observed that scams related to crypto dropped from $10.9 billion to $5.9 billion in 2022.



https://www.chainalysis.com/wp-content/uploads/2023/02/chart-1-scam-rev-1024x679.png

With people who dislike Bitcoin like Peter Schiff, can you change them?

I guess not. Because there are enough convincing reasons for them to change themselves and like Bitcoin. If they don't like it, it's their choice and you will almost impossible to change their opinion on it.

If you want to change anyone, share these reading resources to them but people like Peter Schiff don't need it.
end the fud
Debunking fud
Bitcoin clean up to debunk fud on bitcoin ungreen mining industry

People get scammed with altcoins, and then they turn their hatred including bitcoin, because they all think that altcoins and bitcoin are both scams. That's what the government is trying to imply to the people, so that's exactly what the people believed. Actually, anything that relates to altcoins or in general cryptocurrency will now considered as scams for those people who have no clear knowledge and understanding to bitcoin and to the crypto space. But if ever they'll be given chances to be educated and the government will not disseminate wrong information, I think people won't resort into thinking that bitcoin is a ponzi scheme.

That's a normal reaction from those people who have been wronged and scammed using Bitcoin. As far as I remember, when I first heard about Bitcoin and did research to it, I was optimistic already but then when I started to mention it to my circle of friends, they all felt awkward because it might be another internet scam in the making. The comparison you've given to that gal was right, fiat or cash has always been used for scamming people—fake bank calls, credit card scam tactics, and other finance scams as well.

Soon, they will realize that Bitcoin was used for scamming and it is the cons that are scammers and not Bitcoin.

You can’t everyone on the same page no matter the number of times you try to. Bitcoin has already explained its purpose by itself and for those that don’t want to believe in this seamless technology, they can do whatever they like because one thing is certain, they can never stop its adoption by the masses again. Bitcoin have crossed a lot of hurdle to have come this far, you don’t need to tell people to see the advantage that bitcoin entails before they should believe. Those that don’t still believe after all this signs are just haters and won’t want to see what they don’t like because of their selfish interest strive to be great. Bitcoin will always stands its ground and for those that hate it because of some misfortune they might have faced in it, it was a lesson to be more careful and know how to manage their money well because they’re the security of their own money.

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.

Great topic and great insight as well, as many ive come across that hated bitcoin, actually did out of ignorance, some without they themself being a victim to scam,  hated bitcoin because of some scam stories they either read online or what happened to some one they know.
Some others simply don't like bitcoin because they have become so used to fiat money that it makes them feel or believe that any other form of money is likely a scam.

And in my honest opinion, we can't really blame people in any of the situations as mentioned above, it's all due to their ignorance, and this is nothing really to worry about, because there was a never a time the entire people in the world were going to embrace bitcoin at the same time, some will embrace it now, while others will do same much later.

The financial future resides in Bitcoin. People label it a fraud since they are afraid of new things and find it confusing. That's fake news. Bitcoin is quick, safe, transparent. It's like a better version of the financial system we have now. Indeed, some evil men use it but they use everything. That does not make Bitcoin bad. It's like saying a car is bad because someone used it to rob a bank. Not the car itself but the driver here.

The real story is the technology behind Bitcoin, blockchain. Built for trust and security, it is a fortification. It is not a scam. Quite the reverse. And you realize what? This technology can transform the planet. Regardless of who they are or where they live, everyone can use a fair financial system we design. So, don't panic over Bitcoin. Get knowledge about it. Know it. It's not going to vanish. Here is here to stay. Furthermore, the sooner we all board, the faster we can transform the planet.

There are no justifications for those that dislike the adoption of bitcoin, it is either because they don't know what they are missing out from the use of centralized currencies or they are part of the governments who think that bitcoin is going to put an end to the way of their illegal financial managements and policies, but as for a reasonable person, they will see bitcoin as an opportunity giver in which everyone in use of bitcoin get their desired privacy or freedom in handling finances

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.

 You all must be suprised at my choice of topic, well it was inspired by discussions I heard from neighbours and sometimes arguments in a gathering. Well everything that has an advantage must always come with a disadvantage but the advantage of Bitcoin has beat all odds compared to it's disadvantage cause it has proved to be the best alternative to fiat in terms of transaction speed, security, asset class etc. But then despite all odds and prove to be the potential money of the future their are people who still criticise the project and think it's no where compared to fiat money and their reason for disliking Bitcoin makes little sense, sometimes the hatred is caused by ignorance but then after hearing some people's reasons you'll notice it's just an unnecessary dislike for the project.

 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, people fail to notice that scammers can use different means to steal from them, they'll always be two step ahead of their victims if given a slight chance to penetrate them, and they operate from different areas, through links, the media, fake apps, investments be it Cryptocurrency which Bitcoin is one, and if Bitcoin happens to be a means through which one got scammed, that doesn't make the project a scam project. Bitcoin is a legit project and if one is not knowledgeable enough to safeguard their assets in a good wallet or avoid things that would give scammers opportunities to steal from them then they'll always be the victim. But that doesn't make Bitcoin a scam project or bad asset, people should embrace the potential money of the future and stop unnecessary dislike.