Topic: Why are so many people against bitcoin? - page 12. (Read 19343 times)
I am confused with them, the first with the government if people start getting bitcoin they are the first people to disturb what they fear when all payments use kriypto so they can not get corruption, and people who do not understand bitcoin do not think negative you have to think smart that bitcoin is made for you all not just for a particular group
There are a couple of reasons why people are against the crypt itself .. 1. they simply do not know what it is and how it works, 2. the government lets bad news about the crypt, 3. if even people know what crypto currency is, they simply can not buy and just angry ...
You can only be against something you don't have knowledge about....its mostly due to ignorances and largely due to its not the conventional buying and selling
I believe those who are against the bitcoin revolution are either doing so ignorantly or do so because there is an ulterior motive to why they should attack an innovative and highly promising venture via the blockchain. They will soon realise it was a huge mistake.
For the time that I'm in the cryptocurrency community, I've heard several opinions and versions about bitcoin and in general about any altcoins from my friends and acquaintances. Here are my observations: the younger people are most interested in profit from the bounty campaigns. Friends of my age and older are ICO projects and trading. And also there is a category of those who consider bitcoin a financial pyramid and that real money is paper money. These are just my observations based on my environment.
The only thing I always tell my classmates: you had your chance and still need to freely buy and sell / send and receive / earn, buy and sell miners? When they say: "Yes! I say: you understand? this bitkoyn for anyone in any place, no one magically generates them, if the whole world does not know about it.
Bitcoin is a very good and hard-to-find innovation with common sense because bitcoin offers something very booming for the whole world. if the whole world is worried about bitcoin as the number one currency it can monopolize everything in any field, it's just that experts around the world in the field of currency are looking for ways to get the limit to bitcoin not moving as freely. just a matter of time bitcoin is acceptable all over the world.
If you have something for the common good, you will protect by all means and find the best way.
If you have something for the common good, you will protect by all means and find the best way.
A lot of people doesn't have the knowledge about Bitcoin and Blockchain technology, that lack of knowledge scares them, and fear is always translated into hate and intollerance against that unknown thing
Usually, people are against bitcoin, because they don’t understand it. They have never used any other payment option that is not used by banks and central authorities. The central authorities themselves play a big role in this by attacking the reputation of cryptocurrencies, and some people believe them. Finally, bitcoin is not backed by any asset (gold, USD, etc.), that’s why people think it’s too unstable and will explode one day as a bubble. They just don’t understand the algorithm of mission of cryptocurrencies. However, I believe, that soon or later bitcoin (and other cryptocurrencies) will become dominant payment options even among those, how are now against it.
Bitcoin is a very popular crypto currency. Now it's demand is huge. But people are against it.Some people thinks Bitcoin illegal. Because there is no institutional system in Bitcoin's confidence. The government does not get any revenue from Bitcoin, so govt said that,Bitcoin is illegal. So everyone is reluctant to invest. If you solved some errors, then Bitcoin will be remembered all people in heart.
When there is something new, then the normal reaction of people to deny this phenomenon. The same happens with bitcoin, the value of which people have not yet understood.
I will like to say that most of the people that hate or are not comfortable with bitcoin are people who are in one way or the other working in the traditional banking sector that is being regulates by the authorities. And that the blockchain technology overwhelms the global banking sector and operations is enough reason to make the technology be hated by the financial institutions that believe they should be in total control of the sector.
Most people don’t understand it. Finally, and perhaps most importantly, a lot of people really have no clue what bitcoin is. But a misunderstanding about bitcoin, or a complete lack of understanding, could actually yield terrible consequences.
many of those people you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in most of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.
i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin and made alot of purchase. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make huge amount of money.
i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin and made alot of purchase. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make huge amount of money.
They mostly refer to bitcoin as something like a bubble, or a scam or much worse, ponzi scheme mainly because they couldn't believe something as digital as bitcoin could hold such immense price that it could be considered as a currency if only the value was stable.
I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
For me i think they are not against bitcoin. They are hesitant because of lack of information. Money is very valuable so it is hard to lose them in bitcoin. There are also reports of hackers and scammers. The fake news circulating is also a big factor.
Many people against bitcoin because they are afraid of bitcoin, and bitcoin will cheat them if they spend money to buy bitcoins online, of course because they do not understand all bitcoin programs and also have some cheaters. The island took advantage of it to secure their possessions. But that is a few, bitcoin is a healthy playground
Some people against bitcoin because they do not yet understand the value of bitcoin. They fear bitcoin will cheat them and their family, they do not yet see the nature of the bitcoin investment as well as the ico programs.
Some people are against bitcoin because they don't actually understand it and maybe because of what they heard about it, they always think that this is a scam but if they will search and understand truly about bitcoin they will realized that bitcoin can help a lot to users.
They are so many people against bitcoin for some sevaral reason some of them they lack knowledge about it. And I dont think that there were lot of them, people who actually against it are those who were left behind or those who just knew about it. If someone is not into bitcoin he will not loss anything, but anyone who is into bitcoin he gain everything. There is no reason to be against with bitcoin, the only reason would be personal interest or a group interest that might possibly bitcoin becomes a threat to them.
Yes there are people against bitcoin. I think tbose only people affected by current crisis of the market who sell there bitcoin due to panic and did not earn there expected income.
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