I think the biggest misconception of cryptocurrecny in our country is judging the legality of bitcoin without hearing the reason behind of it
because of being close minded about business.
Topic: What is the biggest misconception of Cryptocurrency in your country? - page 5. (Read 875 times)
July 15, 2018, 10:25:14 AM
July 13, 2018, 03:10:50 PM
Here in my country they thought bitcoin is just a scam only few people can fully understand what is blockchain and crypto currency so everytime they will hear bitcoin people will say you should stop that because its a Scam.
How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
Because it has no formal basis and regulatory authority, so some people consider bitcoin prone to be abused for illegal transactions, to money laundering. they also consider that the circulation of bitcoin is also a fraud because there is no legalization of the government. How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
July 13, 2018, 02:50:00 PM
In my country, the government has banned people from entering the crypto market in any way.But many people who succeed with bitcoin hence the thought or assumption of others that bitcoin is an indisputable scam
July 13, 2018, 02:43:50 PM
One if the biggest misconception about Bitcoin in my country, but not only, worldwide too. Considering Bitcoin as an investment scheme because it isn't what Bitcoin, or the basis of any cryptocurrency, is supposed to be for. If Bitcoin was never considered as an investment then perhaps Bitcoin could be a lot more adopted today.
July 13, 2018, 02:38:29 PM
same here in our country.govt think its scam but they didnt research it well but surely oneday they will realize and people will know what is blockchain.
July 13, 2018, 02:07:05 PM
Here in my country they thought bitcoin is just a scam only few people can fully understand what is blockchain and crypto currency so everytime they will hear bitcoin people will say you should stop that because its a Scam.
How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
suppose the same as anywhere
misunderstanding how something can work on out of governmental control.
July 11, 2018, 03:35:22 AM
yeah should agree with that, people have to much missconception for what a crypto currency look a like, they thik this is an easy money, but is not, people who have become millionare they deserve that becasue they investing in it when the price are still just a few bucks,
July 11, 2018, 03:33:46 AM
I do not know, all about Bitcoin and blockchain in my country are all good. The government is very right about the features of blockchain technology. But they still advise people to invest in a reasonable and safe way
July 11, 2018, 03:33:33 AM
the most common view is that bitcoin is something like a pyramid and that all this will burst one day and everyone will lose their money
July 11, 2018, 03:32:06 AM
Here in my country they thought bitcoin is just a scam only few people can fully understand what is blockchain and crypto currency so everytime they will hear bitcoin people will say you should stop that because its a Scam.
How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
The government in my country says that cryptocurrency is a dangerous currency used in black markets to trade in illicit weapons. They also say that people who use Bitcoin are in the terrorist organizationHow about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
July 11, 2018, 03:30:06 AM
when before, the government in my country thought Bitcoin was like online gambling sites. I think that's a big mistake for them to think of when thinking wrong. But now my government has some positive thoughts about Bitcoin
July 11, 2018, 03:22:53 AM
In my country, the government has a lot of negative thoughts about Bitcoin and cryptocurrency. They think Bitcoin and blockchain technology are just bullshit on the internet and can not make a profit. So they forbid anyone to use Bitcoin because they think people will encounter scammers Bitcoin
July 11, 2018, 03:17:28 AM
Here in my country they thought bitcoin is just a scam only few people can fully understand what is blockchain and crypto currency so everytime they will hear bitcoin people will say you should stop that because its a Scam.
How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
Here in our country the government doesn't recognize cryptocurreny as a legal tender and an official mode of payment. Also, there is this active idea that cryptocurrency tends to be used for money laundering or any illicit activities. Avoiding the disruption of the use of traditional money. Due to this government warns the public about the use of such system to avoid being a victim of scam. And yeah most of the citizen believe it.
July 03, 2018, 10:57:22 AM
I think the most biggest misconception regarding crypto currency. People think it is a scam which will eventually makes their worth or money lost. But everyone should understand that how strong this industry and potential it has in the future. But my country bitcoin has baned in a few years. I think our goverment get permission to legalize it to use in our country very quickly.
July 02, 2018, 03:42:15 AM
The main misconceptions are money maunder in and using for illegal activities. I still feel when the crypto world would be regulated many things would fall in place and also the misconceptions also wills start reducing. Let's wait and see what we have in the future and then further investments would be made accordingly.
July 02, 2018, 03:40:56 AM
Maybe sounds strange but some people think that because it's virtual that bitcoin actualy doesn't exist.
Also, many are scared of scams and big loss of value.
We always forget that here on forum, in bitcoin community, are everyone that are involved with bitcoin or some other cryptocurrency but outside this there are still many people who haven't even heard about bitcoin and don't know how to use it and also have many prejudice regarding bitcoin. This should be changed and we have to promote bitcoin even more.
Also, many are scared of scams and big loss of value.
We always forget that here on forum, in bitcoin community, are everyone that are involved with bitcoin or some other cryptocurrency but outside this there are still many people who haven't even heard about bitcoin and don't know how to use it and also have many prejudice regarding bitcoin. This should be changed and we have to promote bitcoin even more.
July 02, 2018, 03:35:32 AM
In my country, most of people classified it to as ponzi scheme and also scam, they never interested in making person research about it...
July 02, 2018, 03:30:36 AM
Many people in my country see bitcoin as mlm just because mmm which was so popular then introduces providing and getting help with bitcoin and when mmm failed, they believe bitcoin too already failed and gone...
July 02, 2018, 03:30:00 AM
In my country, people often equate BTC = MLM, phishing, virtual currency. Very few people understand what blockchain is.
July 02, 2018, 03:25:33 AM
Here in my country they thought bitcoin is just a scam only few people can fully understand what is blockchain and crypto currency so everytime they will hear bitcoin people will say you should stop that because its a Scam.
How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
How about you? What is the weirdest thingy you heard from people about bitcoin or crypto currency?
Same as my country. I often heard stories from my fellow crypto enthusiast who are always accused of scamming people when they tell that they get their money from bitcoin/altcoin/cryptocurrency. It became a stigma because of the reports of bitcoin scams on TV.
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