Topic: Unnecessary reasons why people dislike Bitcoin. (Read 987 times)

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Yes, most people will not be interested to listen to you if you wanna introduce them to such investment because they will see it as a waste of time since you didn't tell them that they will double the amount they want to invest in the next few minutes or hours. Scammers seems to understand how to get their victims faster because they know that with sweet lies and money doubling strategy they will easily get the attention of people especially the poor because they are the ones that mostly want a fast money making investment.

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.

It's an ugly situation to note that greed is also one of the major reasons why people are been fooled by bitcoin investment up to date. Introduce an investment scheme to someone today, what will first be on their mind, is the greed to make huge profits within a short while. They wouldn't mind investing more than they can afford to lose if you manage to tell them to expect their profit in a short time. That's why people keep falling into scams every day because they are in a hurry to make quick money. They are not ready to have a long-term investment plan in either bitcoin or any other investment scheme that stays long before yielding huge profits.

I have found out that, for any investment that has long-term investment goals, many people are not just interested in such. They mostly prefer the short term, and that's why scammers get them easily because they tell them what they want to hear to expect doubling profits within a short-term

In any financial market or even in our lives , there are hundreds of traps created to scam people, there are hundreds of reasons people give to justify every time they are scammed . But after all , if we are not greedy and control our greed, it will be very difficult to be deceived by others and fall into others' traps.

If people are aware and restrain their greed, they will not rush to invest in any project without fully understanding it . I believe that no one will lose money and scams will gradually disappear . Scam comes from our greed, we should not blame anyone or anything when our greed is not under control .

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.

I agree with you, greed is one of the reasons why most people see bitcoin has scam, apart from investing in Ponzi schemes which most scammers label has bitcoin investment so many people have lost money in the name of  investing in Bitcoin without having proper knowledge of what bitcoin investment is all about. Some has been deceived because they were wrongly advised that after investing in Bitcoin within the next few weeks they will be able to have a double of  their capital but not understanding the market they will rather sell and take loss when the price of Bitcoin is down.

Some of the people who also see Bitcoin as evil have been fooled by some scammers using free airdrop, they get people to invest in a token in the name of Bitcoin but when it is time to make profit they will find out that they have been fooled by scammers a long time again.

I always thought volatility was the most absurd reason to dislike bitcoin. I mean we are talking about something that is quite literally the biggest reason a trader should love it, so why not invest and trade something that is volatile?

Sure it is not as volatile as it used to be but it is still volatile, which means that you can buy so low and sell so high, in a very short span of time. Saying that it's volatile so you do not want to trade it makes no sense to me at all, it is like saying you do not want to play basketball because there are hoops, or you do not want to read a book because there are words.

The volatility is literally the reason why traders make money, the more volatility means the more chances to make bigger profit. What are you going to do instead, trade gold? That moves like an inch a year, so much that people are looking ways for 1000x leverage these days actually, think about how high that leverage is, and it's likely because it moves so little, even a 100x wouldn't really hurt you. This is why I think volatility being a reason for someone to not look at it makes no sense, even for long term investment, because on long term it's not that volatile and it's doing fine.

I find gold to be beautiful. Always had. There's something about its shine, its history... its a winner. Real estate? With bricks and mortar, you cannot make mistakes. These are trustworthy, physical things. But you know what else I love? Winning. And Bitcoin, people, that is where the future is headed. I see other people. Bitcoin is new. That is different. Not everyone will find it interesting. But when big shots start calling it a "scam," thats just plain wrong. They're not just protecting their old money investments, they're holding us back.

Bitcoin is not only one more asset. It transforms everything. Its about empowering the people once more. It centres on openness. It is about eliminating the middlemen. Stop the negativity. Those folks should learn about it, understand it and then have a real conversation, not a smear campaign.

In the end, its really about choices. Your choices. And none, not even the largest whale in the tank, have the authority to advise you on how to spend your money. So, lets open our minds, folks.

This is true, people who are not knowledgeable about Bitcoin and don't know that it is different from altcoins will call it a scam. A newbie can invest in a scam project and when the token is dead he will categorize the whole cryptocurrency as scams including Bitcoin. The ignorant person will tell others not to have anything to do with any cryptocurrency that they are all scams. Not minding that he got scammed because he didn't research the project that he invested in.

Bitcoin adoption is increasing because more people are becoming aware that it's a store of value. Unlike in the early days of it's creation when people like me thought that it was one of those Ponzi schemes, time has proven that it's a valuable asset that is worth investing in. Bitcoin is a decentralized digital cash that anybody can hodl and use for different kinds of transactions, including to scam others. People must understand that Bitcoin like fiat is a currency and a means of financial transactions, not a scam asset.

In addition to lack of knowledge, you should also mention greed, if they don't have the greed to get rich quickly, even if they lack knowledge, they won't be easily fooled. So the main cause is people's greed, not necessarily ignorance, IMO.

There are hundreds of traps labeled as bitcoin to scam people, there are many cases where they directly invested in bitcoin but because they could not withstand its volatility, they sold it at a loss. But they still blame bitcoin as a scam and stubbornly refuse to admit that it is due to their greed. In short, those who call bitcoin a scam are greedy, stubborn and ignorant.

In the quest to become rich through bitcon investment, many people have fallen victim to scams because they lack the basic knowledge of what not to do when investing in bitcoin.

From the experience gathered so far from people why they dislike bitcoin as an investment is because they were introduced to bitcoin investment through a friend, and they gave out their hard-earned money to that friend of theirs to help and invest bitcoin for them, he ran away with their money without investing in bitcoin for them. Because of that experience, they regard bitcoin as a scam without knowing that they are to blame for "getting scammed" because, in the real sense, bitcoin investment is to be done by oneself not by giving to someone else to help you invest in it(you be in custody of your bitcoin).

There is nothing we can do about it because all they need is awareness and the internet already has enough information for them to be self aware of this fact that our bitcoins lie in our hands.
It's only because we made a mistake in securing our coins that our coins get stolen.
Yes, we need to be tech savvy enough to secure our bitcoin and this is the only challenge in holding bitcoin.
Not everyone is knowledgable enough to have a tight security.

however, people have been using fiat for a very long time. and introducing Bitcoin, of course, there will be some rejection from certain communities. our society has been educated since childhood to throw fiat in the bank. they never know they are not actually holding money when they put their money in the bank.

but I believe the Bitcoin development and adoption system will be gradually accepted by the community, eventually replacing the understanding of fiat. of course, the process is not instant. currently, there is more public understanding of Bitcoin as an investment asset. but that doesn't matter when in the future Bitcoin will be used as a means of payment.

I call it unfair competition, some people do not invest in bitcoin and are spreading false information to lower the reputation of bitcoin. I do not support those things, but I will not argue with them because we cannot force them to shut up and I believe that with the development of social networks today, everyone will know what is the truth. Lying to people is not easy these days because every information is available on the internet.

Additionally, many bitcoin investors are also trying to spread the word and badmouth other assets or investments to make bitcoin shine. If you condemn those who spread negative things about bitcoin, you should also condemn bitcoin investors who are badmouthing other assets because that is also unfair competition and creates even greater conflict.

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?

If someone says that they are fine with bitcoin but would prefer gold or real estate, then that's fine and there is nothing wrong with that. But, if a person says that they "hate" bitcoin and they think it's a scam and that's why they prefer gold or real estate, that's a problem. The reason is that in one of them they do not care about us and just want to invest into something different and there is nothing wrong with that, all the good on them.

However on the other they are hating it and trying to put a bad name out there for bitcoin, basically trying to hurt us if they can influence any people. There are some big name investors and those whales end up saying some bad stuff about bitcoin, which isn't acceptable to me and I think it should be important to note that we are talking about something that's quite hurting on the long term.

We should be focusing on how they are hurting the market by saying these bad things, and whales are even worse because they have influence since they are whales. This is why preferring something else is fine, but hating on bitcoin should be stopped or at least we do not have to respect it and could tell something to them about it in order to stop them hating it.

I could only think is due to lack of understanding on how Bitcoin works and the rest is because of misinformation and hate. You see, those people keep posting hate comments against bitcoin are the people who don't fully understand how this technology works. Even authorities just making (planing) regulation out of nowhere that they don't understand. Imagine Lightning Network are now in risk because of privacy issue and even classified as payment service providers lmao.

Not only to pro-fiat but to the wrong influencers whom they are all ears. That's a very wrong thought that has been scattered to the non-coiners because instead of them because educated, they're being pushed away and all thanks to those people that are misleading them. It's not too late for them to start knowing more of Bitcoin. If they are going to take time with all of the good things that they'd hear from it, I am sure that they'll change their minds.

We're not obligated to make them like bitcoin if they dislike it. We can be the actual convincing factor to them for how we're going to show them how beneficial is to have Bitcoin. And from that, they'll be the ones to be turning around and will seek counsel to us on how it really works. By that time happens, it is your choice whether you'll spend your time to them talking about such or it's already too late to change your decision not talking to them.

Gold and real estate are the two most popular and favored assets in the world, but as far as I know, some bitcoin investors have stated that they do not like these two assets and they only like bitcoin.

This world is full of colors, everyone has different interests, so we don't need to hate someone just because they don't have the same interests as us. Similarly, we don't like gold but gold investors don't hate or criticize us, why are we upset when someone doesn't like bitcoin? That just shows how selfish we are when we try to impose our thoughts on others.

Regardless of the reason behind their dislike of bitcoin, if we cannot help them solve those problems then we should respect their decision. Bitcoin is not something so important that without it we will die, many people still have rich and happy lives without bitcoin. So respect each other's choices.

Others are just stereotyping.  Because some influential people think that Bitcoin is a scam, they tend to follow these influential person's beliefs without verifying the validity of the hate of the said influential person.

I highly agree that the most possible and unnecessary reason why people dislike Bitcoin is the misinformation and misconception spread by the anti-Bitcoin group.  One known example is the belief of huge energy consumption of Bitcoin[1] and its negative effect on the environment but when the issue of Bitcoin energy consumption is tackled deeply, the result proves that the assumption is wrong[2].

[1] https://news.climate.columbia.edu/2022/05/04/cryptocurrency-energy/
[2] https://www.lynalden.com/bitcoin-energy/

She needs to be aware that scam happens at all the time, and it can be something that is so valuable that scammers use in scamming people. Many have been a victim of scam due to lack of understanding that is why it is very important to ask questions about things that are not very known. When people fall victim to scam their is nothing that can be done about it because the mistake has already be done, the only option is just to learn from the scam experience so that the same mistake won't happen again. Scammers are working very well trying to disguise so real for  people to fall victim that's is why beginners needs to learn to get good knowledge,  and not to believe everything they see online.

Cryptocurrency, more expecially bitcoin is a valuable asset which scammers will try by all means to target people to fall victim. Beginners needs to seek for knowledge because with the right knowledge it will be impossible for scammer to easily get one.

You are right, a lot of people actually dislike bitcoin because of ignorance, they have no knowledge about it and so there belief is that it’s just a way to scam them off their money but it’s not everyone that dislikes it because of ignorance for some it might actually trigger a bad memory when they hear about it could be that they got scammed once and felt bad or could be that a close person experienced something terrible while engaging in it and so they are only trying to protect themselves so sometimes a person cannot be blamed for their interest in certain things because of their experience.

Some people need enlightenment to be convinced to change their beliefs about certain things but if they have some knowledge about it already you might need more than that to convince them. If a person dislikes bitcoin their beliefs should be respected especially when they believe their reason is reason enough for them, with time they might change their mind.

Every thing that is created will definitely get pros and cons because of human nature who wants self-truth or lack of understanding about it. If asked why there are still people who don't like bitcoin, the answers vary and it depends on each version. But if you look further why they don't like bitcoin is because they themselves don't know what bitcoin is. Have you ever heard "If you don't know, you don't love it" then this expression deserves to be categorized as someone who doesn't like bitcoin.

Although there are other reasons why they don't like bitcoin, I'm sure when they get to know and get involved in it, the negative thoughts about bitcoin will slowly disappear. Because they see how far bitcoin can provide the benefits of financial freedom and the previous system never existed like that.

You have absolutely make good points, people who sees Bitcoin just as other coins will never like Bitcoin probably if they have been scammed or had a failed projects, they generalized Bitcoin functionalities and operations just like other coins whereas they are not the same, Bitcoin has an outstanding performance and has proven to be the best of all coins, ignorance and negligence are really making alot of people to be missing out of the benefits that Bitcoin holds, Bitcoin is not a scammed project and anyone who is patient enough will definitely enjoy the benefits in full.

There may be multiple reasons but the most valid reason I can think of why people dislike Bitcoin is they think they missed the opportunity to invest and they lack knowledge as they think that Bitcoin will not see further growth and try to term it as bubble. I don't think there could be a bigger reason than stubbornness and regret of missing out to invest since no other asset has shown growth like Bitcoin.

Basic knowledge is required to hold bitcoins. But due to lack of knowledge he was victimized by scams. You have given a good answer that many people admit to scam by fiat do anyone hate fiat? of course not. In the case of those who hate Bitcoin, I can say with certainty that they lacked to know. If he was able to have a good idea about how to save Bitcoin and security issues, scammers would not have had that opportunity. However, he has been acknowledged by Scam, which is why he can say something emotionally. It is not worth blaming others for one's own mistakes or faults. Those who can be aware of the possibility of Bitcoin will definitely plan about Bitcoin. In the case of people without inexperienced or basic knowledge, it will be more harmful than the profit of holding bitcoin. So before investing, an investor must have a good idea about Bitcoin and its security issues.

One of the major reasons to have held potential investors back so far is the price. Many think of Bitcoin and the price that comes up there mind is what we have now, $65k which is way up for the average citizen. You wouldn’t find many people buying Bitcoin at that price. I for one don’t own one Bitcoin yet but, I’ve got fractions of it, safely kept away in a wallet while, I DCA from time to time.

People don’t think Bitcoin is profitable to invest with but, that’s where they get it all wrong. You don’t need to buy a whole Bitcoin but, gradual accumulation do take you to some goal.

Another reason why some people don’t like Bitcoin is the fact that, it’s highly volatile but, that’s an investors delight. The volatility is what enables you to buy even more volume and have even high value of it when the price does pump.

It’s no surprise people will give lame excuses, they just don’t have enough information to guide their investment and purposefulness towards a positive investment like Bitcoin.

The only reason why they don't seem to like bitcoin is because they don't actually have the clear understanding about bitcoin and all its opportunities and advantages that a wise man will gain from bitcoin. Instead, they chose to listen to those pro-fiat claiming that bitcoin is the biggest threat to the people and the government. Only to regret in the end why they chose not to trust bitcoin and miss all the opportunities that are supposedly make big changes in their lives.

I don’t expect everyone to be in support of bitcoin, definitely we are going to see people who are against it, so it’s normal. But I will say most people who are against bitcoin don’t really understand what bitcoin is all about or how it works. If they really have some knowledge about bitcoin, then they won’t be against it. Some people are against bitcoin just because the government is against it, they follow what the government says blindly, they don’t care about why the government is against bitcoin and what bitcoin is really all about.
 
I do tell people that any illegal thing that bitcoin is used for, fiat currency is also used for it, and fiat currency is being used for those illegal activities even before bitcoin was created, so I get annoyed whenever I see that some people are complaining about bitcoin being used for illegal activity, that’s why they are against it.

If you are someone who doesnt have that enough knowledge and awareness on what cryptocurrency is all about and other branches that it do have, then you would really be ending up with this kind of wrong impression on which we know that on the moment that you do need up to deal up with something new then of course in depth research of information is really that recommended so that you wont really be getting lost on whatever the things that you do tend to do. As for disliking Bitcoin are into those people who do deal up with it without proper understanding on what it is all about and the reason of its existence.
It is really just that hard to believe that people do really always focus out into its negative on which its obviously that its positive characteristics or benefits do really outweighs its cons.

Just let them be on what are their reasons on why they do hate up Bitcoin or crypto as a whole. Sooner or later, they would really be eating up those words on the moment that they do realize
that it wasnt really that bad at all. There are really just that those individuals who are really that missing out those important details and do make out some immediate
bashes and saying up such shit things without knowing it first. lol

I certainly agree on this. People suddenly hate bitcoin without clear explanation, most likely because their peers hate bitcoin and so did they, or just because the government itself does not approved bitcoin, then everyone already think that bitcoin is a big scam and cannot be trusted. But we all know, people may chance perceptions in time. So it’s not surprising why others have suddenly shifted into bitcoin, no matter how they curse bitcoin in the past and tell everyone that they can only trust fiat but never with bitcoin or the crypto space.

There could be some individuals who like Bitcoin and Banks too as they have money in the two of them. Putting all your money in Bitcoin only as you like Bitcoin can make you to not be capable of holding Bitcoin. You have to be able to have fiats as emergency money just so you don't get frustrated with the market dumping when all your hopes was that it was going to pump. Individuals who don't like Bitcoin hasn't had the privilege to benefit from Bitcoin and they get lost in believing that fiat can be the only currency that they can hodl their money in. They only dislike Bitcoin because of the potential of Bitcoin killing fiats.

This is one of the reasons why need to tell people to learn more about something before they invested in such a thing. Bitcoin investments is quite risky and we should have the conscious awareness that money funds ins involved and we should it be ignorant of the tactics scammers are using to scam people of their hard earned more. Cryptocurrency is quite profitable and we should also be aware of the risks that are attached to investing because there are risks we need to be aware of especially without keeping our wallets safe from scammers and also understanding the market so we don't have to why at the wrong time which could bring loses to us.

I feel like this being an "issue" is personal though. While it is probably true that it has been this much money, it's also a reality that we are talking about something that will not be all that easy to handle, and can't be considered as a good deal at all. We are talking about a thing where it is taking us a long time to realize that we are giving our money ourselves, they are not taking it. By that, I mean is this; if you keep your money in your own wallet, nobody will come in and take it.

So, what are the ways that you can be "scammed", it is literally only if you give your money to someone, a project, a person, a website, whatever it is and then they do not give it back and steal it from you. That is how the scam works in the crypto world, meaning if you do not give your money to anyone, then you are going to be fine and you will not face any issues at all.

Ignorance is no doubt one reason people disliking bitcoins but there are some other reasons as well. One of those reason is that people don't have money to invest in bitcoin and they make excuses that since bitcoin is too expensive and they do not like it. Although we can buy any portion of bitcoin but still they think that buying a fraction of a bitcoin is of no use and they will find bad things which make them satisfied not being in bitcoin.

Another thing is that some people are too cautious of the country's laws and regulation and if the country bans Bitcoin or discourages investments in Bitcoin, they will try to avoid investment in Bitcoin and remain happy with fiat money or deposits at local banks.

Yeah ignorance could actually be one of the reasons but the thing is that if we check very well we would realize that each and everyone of those people has there reasons why they hated Bitcoin and secondly no matter the importance of anything there would always be some certain individuals that will dislike it which is also applicable in the case of Bitcoin, though I believe that one of the major factor behind it is lack of knowledge about Bitcoin because majority of people are very skeptical about Bitcoin or crypto general because they believe that there are higher chance for them to get scammed.

Of course you are right because it could also be a reason for most people in that situation to hate Bitcoin because at the moment the person missed the chance of investing on Bitcoin and later realizes themselves they possibly transfer all the anger on Bitcoin forgetting that they are actually at fault because they failed to take advantage of the opportunity while they can. Actually if you listen to some persons you would be surprised when they would explain there reasons because I could remember someone who explained on how he venture into Bitcoin and out of greed he decided to venture into future trading without having any idea about it, meanwhile his main intention was to use spot trading but he could not distinguish between the two and he ended up losing all his money in future trading so after then he dislike Bitcoin.

Those who are against bitcoin If not for excuses, I fail to see why you would be against an investment that has not negatively impacted you. I am simply searching for reasons not to invest in bitcoin. Pretty much everyone does this. In the unlikely event that you are conned, I fail to see how bitcoin has harmed anyone. It's easier to just say that you detest bitcoin or that you have no interest in investing your ridiculous justifications. And those that are scammed if you look at it, They are the ones who start the whole thing because, aside from their own greed, you should be able to determine whether an investment is a scam before making one in bitcoin. Similar examples of people who have been scammed are provided to everyone, so you have plenty of information to go by so that you don't become a victim of con artists.  Since bitcoin is a very good investment, the best course of action is to learn from it and keep going. There are people that we scanned who actually understand what it's like to lose hard-earned money, but that shouldn't stop you from continuing with your investments. You may eventually turn a healthy profit.

Actually I watched a podcast today from one of my favortie economics expert who always against the crypto currencies and obviously he is old and having warren Buffet as his role model so he too think that bitcoin can be printed out of nowhere so 21 million is not the limit because it digital and many people said the same which is funny though cause they're ignorant about it and still criticize it.

Another reason why most people afraid about bitcoin is there is no centralized authority which is the positive thing and core idea of bitcoin but we used to the banking system assumes what happens if one day everything vanishes and where we can claim our funds.

People who have no knowledge about Bitcoin or those who are not interested in learning about Bitcoin simply do not like Bitcoin.
The popularity and acceptability of a coin is considered not by everyone having to like Bitcoin but by having two categories of Bitcoin Likers and Bitcoin Dislikes. But Bitcoin is an unpopular currency for those who like banks and fiat but those who like Bitcoin don't like banks and fiat.

Getting the right information is the key. If you deal with bitcoin without  knowledge and experience, most likely you will end up getting a negative outcome, hence you will surely hate bitcoin for that. And you will end up with a conclusion that bitcoin is a scam just because you never make profits but instead lost your funds.

This is the common mindset of some people nowadays that bitcoin is a get rich quick tool, but in reality it’s not. Bitcoin will never make you rich, but your knowledge and skills, and how you take advantage every bitcoin opportunity that comes, with positivity and a lot of patience, that will make you rich. But if you turn to bitcoin without all of that, bitcoin will make you poorer and poorer, until you finally realized that bitcoin isn’t a quick gateway to becoming rich and wealthy.

There are many reasons why someone might not like bitcoin, although lack of knowledge is probably the biggest reason. There are also some people who oppose bitcoin even though they have complete knowledge about it. Perhaps the reason is because they are jealous because they learned about bitcoin too late and think it is too late to invest, or maybe they can't accept the fact that many people invested in bitcoin and were able to improve the economy so quickly that overtook them...That's why we often see some people giving very silly reasons to hate bitcoin. They like it but they find every way to fight it and prevent people from investing in it.

The first step of getting into Bitcoin, is to criticize it. Any change people will criticise. They need to come to their own conclusions, give them time.

Humans are not lacking in the ability to be unreasonable, and since we know this, we have to be careful the people we listen to, because some of them look reasonable but are not really reasonable.

She has channeled her anger at the tool instead of the person behind using the tool. Just as people blame guns for killing people when it is actually people who kill people not guns that kill people. Some of these persons with these unreasonable reasons why they do not like bitcoins will later get to regret it because they will discover the foolishness in the choices that they have made.

In essence, those who don't like bitcoin because they don't have the knowledge actually think that all crypto coins are the same, when in reality bitcoin and altcoins are something different, both in terms of systems and fundamentals. Those who don't like bitcoin because they are fooled by altcoins into thinking they are all the same.

This is also what happens in my area, many people say Bitcoin is a scam, because they have experienced losses in altcoins even though these two investments are very different. It's just that they lack literacy about bitcoin which makes them unable to see the advantages of bitcoin. So in essence it's all because they don't have knowledge, if they had knowledge about bitcoin they would realize that bitcoin is a future asset that could even potentially be better than fiat. However, there are also some people who don't like Bitcoin, not because they have experienced losses, but because they don't believe in virtual currency, they prefer to invest in investments that can be seen physically.

For all I know, the reason why some people don't like Bitcoin doesn't justify anything to prove that it is a scam or bad. It's not everybody that must like Bitcoin, and the fact that Bitcoin is a volatile asset makes it look risky for some people, and no one should force such people to invest in Bitcoin. Some people prefer assets with low risk and volatility, and because Bitcoin and other cryptocurrencies are highly volatile, it makes it impossible for some people to even like them.

People will always see a fault in something when the are bias and thats what people do to win an argument. Sometimes, fiat might be bad to some extent but been bias to favour what we want is what makes people see it as bad thing completely from the economy but deep down, fiat will alwsys be easy for many millions of people than Bitcoin but that doesn't make it superior than Bitcoin, I'm just making instances of been bias.

In every 100 people you see hate Bitcoin passionately, just know that they love Bitcoin deeply but because they weren't opportune to get it early like other people did in their own time, they will rather want to see it dead than for it to succeed. Some people have friends and know people ttat has made it through Bitcoin but because they miss all this opportunities, they will rather pick 1 bad thing about it and ignore other 99 good things you can find in Bitcoin.

I think this type of topic has been on this forum before, and many replies have been made about it. It says that anywhere, any time, or anyone you see talking badly about bitcoin, you should not blame them because they lack the proper knowledge of it; they don’t really know the advantages of it, and that is why they talk about it. That way, many people think bitcoin is a scam due to how it works, and they can’t take advantage of the fact that fiat currency is still active because they are not used to it.

So you can’t say that their reason is useless; just know that it is a lack of understanding of the project and nothing more than that. You were also in their shoes before, or just make an example with yourself whenever you see people talking bad about bitcoin. Make an example with yourself that if you say you don’t know anything about what your reaction to it or what you will be saying about it will be the same thing I believe. 

Let the haters stay with their hate – embrace those who truly want to learn. You are not obliged to force everyone to believe in bitcoin and use it - so let them choose what they think is better. I don't think it's just people in your circle who hate bitcoin - but some big investor and some public figures don't like it either. Regardless of whatever reason they don't like bitcoin - I don't think it will have any impact on bitcoin which has continued to grow and develop over time.

Bitcoin has been an excellent fiat alternative so far for most of its users - while others choose bitcoin as a store of value and investment asset. I'm not worried about what other people think about bitcoin, especially those who don't like it - that's up to them.

It is very relevant and Bitcoin can be said to be a Game Changer for the current Financial System. I think a real example can be seen in Turkey, how some of them are aware and feel the benefits when they invest in Bitcoin and at least it can provide a breath of fresh air and provide a hedge against inflation. Yes. the condition of their currency plummeted drastically until it almost reached 65%.

It's not surprising that currently there are still many people who don't like Bitcoin. Because of course the thoughts of every person on this earth are different. However, if the problem is that there are people who don't like bitcoin just because there are negative elements associated with bitcoin, in my opinion, people like that really need to be given a correct understanding. Because I agree with the assumptions you convey to that person. That it is not only bitcoin that can be used as a tool to commit fraud, but money or fiat is also currently widely used as a tool to commit fraud. Because in essence it is not bitcoin or fiat that is the problem, but the nature of the users that is questionable.

Because if you think deeper, everything in this world could be used to commit crimes such as fraud. So basically the important points that must be taken to avoid fraudsters or bad people, especially in the world of bitcoin investment. First learn the ins and outs of bitcoin itself. So don't accuse Bitcoin of being a fraudulent asset just because other people or yourself were cheated by bad people using Bitcoin. But instead of thinking like that, it's better to study Bitcoin as a whole. Because as far as I know, most of the people who are exposed to fraud in the bitcoin realm are beginners whose knowledge is still very minimal.

So the conclusion is that many people are deceived by Bitcoin, it's not actually Bitcoin's fault, but essentially their own fault. Because they dare to enter the realm of bitcoin, without studying it first.

They are accustomed to the habit of learning something not to finish. In understanding something must be intact, not half measures because it can be misleading.
Or maybe those who hate Bitcoin because it is based on their personal interests as played by bad market participants who are characterized by creating negative issues that make people panic to sell.
In the past, based on the reading that I had found that the state officials made an illegal bitcoin statement that opened up opportunities for criminals to do money laundering, Bitcoin was a scam. Over time, the statement changed to positive.

I think we can group together the different reasons for Bitcoin hatred and dislike into few categories. One would, of course, be ignorance. Many think that Bitcoin is a kind of scam. Many think that it is a Ponzi. The main reason for this suspicion is ignorance, lack of awareness.

Another category would be based on the fact that Bitcoin isn't really accepted as money in many places, therefore, unnecessary. Bitcoin may be good, but there's not much reason to have it. I guess my dad's indifference toward Bitcoin is based on this.

Others are not liking Bitcoin probably because it simply isn't their cup of tea. They're satisfied with what they're currently using. Bitcoin is superfluous in their lives. Or perhaps they're benefitting from the monetary and financial status quo in one way or another.

Condemning something that leads to negative things without knowing the ins and outs is a big mistake for someone to make, fraud can happen to anyone through any media if it is not based on knowledge. It should be emphasized that Bitcoin is not a fraud and is not like a Ponzi scheme, early adopters and late adopters will both benefit from the increase in value from the initial price when they bought Bitcoin.
Any individual holding Bitcoin will benefit from the increasing price at which it is traded and will gain other benefits from its use as it begins to be widely adopted. Price fluctuations always play an important role in gaining profits from Bitcoin, I think the person needs to study Bitcoin more deeply about how Bitcoin works and its uses before deciding Bitcoin as a scam or other negative things that can harm people who adopt it.

I would say ignorance is the main reason for people to hate bitcoin, those who call bitcoin a ponzi, a bubble, a scam... They have no idea about how bitcoin works and it's nature. It's easy to hate something that you don't understand, and i feel linux has the same problem, people hate it because doesn't understand it.

And there are other kinds of people who hate bitcoin, and those are the ones who see it, then ignore it, and then realize they miss the chance to become a millionaire with it. That is a valid reason to hate it too.

There are people who hate Bitcoin and don't even know why they are hating it. These are the people who don't have their own opinion, so they just repeat what they were told by other people who they think it's influential. It can be the media, a determined celebrity, the politician they are fan or a friend.

However, as Bitcoin gets stronger along the years and investors see huge gain over their investments, these hateful people are disappearing from the public discussions about Bitcoin. They are probably regretful for being Bitcoin haters, instead of adopters. The hate, misinformation and lack of interest for Bitcoin caused them lost an opportunity which could have changed their lives.

That is why everyone should be independent to take their own conclusions regard the matters they face in life without being sockpuppets of someone else.

The truth is no matter how good Bitcoin is, everyone cannot like Bitcoin. There will always be those people that will go against it and some will do it just to appear different and attract attention. The story of someone hating Bitcoin because of he was scammed through Bitcoin is a popular one. I have been scammed through Bitcoin and it was not a good experience. It takes a lot of courage to overcome the trauma and still be part of Bitcoin because I knew Bitcoin would play key role in the future. Not everyone have this level of confidence and foresight, so we have to appreciate the fact that everyone cannot be part of Bitcoin. I don't struggle to convince people about Bitcoin now, mine is just to give you overview of what Bitcoin is and the need to consider it as a good alternative asset for investment. I don't go about pressuring my friends and loved ones about investing in it and anyone who choses to is definitely doing that out of personal conviction.

There are many different reasons to which people actually hate Bitcoin but if am not mistaking then am certain that most of the reasons are actually not genuine because over here most of the times they associated other reason that has no linkage whatsoever related to Bitcoin. Most of the argument and reason over here is that Bitcoin is easily used to embezzle funds as it can be tracked of which they can also do the same with fiat.

Sooner or later, they would really be able to realize all of those things on the moment that they would really be able to experience for themselves on unfortunate conditions on which we know that
when it comes to this aspect on where dealing up with crypto space would really be that vast. They'll soon realize that Bitcoin and with those shitty scam coins around and other frauds wont really be
something that they couldnt be able to generalize. People do really love on generalizing everything on the moment that they will really be able to experience unfortunate situations on where this is the moment
or time that they will really be making some indepth research on which this shouldnt have done this earlier but well there's nothing we can do about it if people would be having this kind of behavior.

Whether we do like it or not, the main reason on why people do really get interested into dealing up with Bitcoin is just they are really that looking for easy profits
on just simply holding it but due to lack of knowledge then this is the main reason why on people be lost of track and ending up with those scams and frauds.

Everyone has their own life, we should respect their choices instead of calling them conservative. Bitcoin has potential but it is not the only asset in the world and there are many other alternatives and they have suitable options. Just like we only like bitcoin but not gold and we will also be conservative in the eyes of gold investors. Therefore we should respect each other's choices instead of criticizing each other.


Actually, they call it a scam or call it useless... it's all just their excuse because once they don't like it, they always have their reasons. We don't need to care what they think about bitcoin, instead let's focus on our choice to achieve the best results. Our results are probably the best evidence for them to stop talking bad about bitcoin.

When people talk about online scams, they think about Bitcoin first Online scammers have been using Bitcoin to do their evil deeds but before Bitcoin came into existence, these online scammers have been existing, and they have been using other means to do their scams. If the victims learn about Bitcoin, I don't think they will be vulnerable to online scammers. The truth is what you don't know is bigger than you, and that is why those who are bitcoins can be scammed through other online means that they do not have any good idea about.

Everyone hating the Bitcoin technology is wrong because it is not a bad technology but some people using it have chosen to use it for doing bad thigns around the world.

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.