Topic: Why are so many people against bitcoin? - page 125. (Read 19333 times)

It's response to this was that...
Yes, this is entirely possible. As I’ve talked about many times before, governments hate any form of currency that they can’t track, control, and tax. They hate cash and they hate cryptocurrencies even more. It’s entirely possible that some governments will make bitcoin illegal, though it’s just as likely that they’ll do what Japan did, and just surrender to it because so many people are using it.

Regardless, let’s say your government made bitcoin illegal. So what? Marijuana is illegal in most countries. Does that mean people don’t use it? Does that mean the price of marijuana is low?

Hell no! Indeed, many years ago, before marijuana became legal in my state, I strongly considered being a distributor. This was because I was seeing guys make as much as $4000 per day supplying this stuff. The fact that it was illegal drove the price up, not down.

So, if bitcoin becomes illegal in your country (which is a big “if”), you’ll still be able to buy it, and it’s value might actually go up.

I personally think that governments will eventually be forced to accept the concept of cryptocurrencies the same way the US government has had to accept both marijuana and guns; there’s just too many people owning and using these things for them to ever be made illegal in any practical way. Bitcoin (or some other crypto like Ethereum) will be the same.

because you need to have enough power to use it, to earn on it...and people tremble before the unknown or incomprehensible...and a part of people simply don't believe in its future and thinks that this is a temporary phenomenon...maybe it's so, but there is time to earn)

A webisite known as "Motley fool" recently published an article titled 4 Reasons I’ll Never Invest in Bitcoin. Its arguments are that:
Its anonymity is its own worst enemy.
If global governments discover that criminals or terrorists are using bitcoin to fund their activities — and at present there are very few checks and balances in place to weed out this sort of behavior — it could prompt a crackdown. If governments around the world instituted regulations that made it difficult to own bitcoin, we could see prices plunge.

I think people against bitcoin is those who are in the business that affect by the transaction using bitcoin, or some maybe those who don't believe the idea of using bitcoin as their currency. Those people if they can see the advantage and the things that change their life from bitcoin will feel regret someday.

Here in our country i don't believe that there are many people against bitcoin, but i believe that there are many people who don't know about bitcoin and the impact of it to their daily lives. I think spreading the advantage of using bitcoin and right way to teach to those people is one way to convince them.

If that people you've mentioned is  could really know about bitcoin , I guess there no doubt to believe in bitcoin and start invest on it before it's not too late because nowadays bitcoin price is really dropped in $6000 below in just previous hours past, but now its started to rise again and again. I tell you one thing, there's no risky if you could only know what things that you've entered for, so search first and gathered information that's the right thing to do before make a step of  what you have planned.

I do not know because the most people do not trust bitcoin that would be the perfect answer for this also bitcoin can easily be used for crimes and bad things because it is anonymous and no one knows who you sent something to.

A lot of people are afraid changes or something ununderstandable. Not all understand how bitcoin is created and live. Also, people don't believe in unmaterial things. It's hard

I do not think so, I guess they are not aware of what bitcoin is and how it works. It is hard to believe at first even I do not accept it as first and I thought this will be a waste of time. I think they are thinking that bitcoin is fake because the currency is just circulating only in online world, they can not touch it or something that they can spend it directly from their pockets. They also have no idea how you earn money from this. They have no clue how you will get paid and where do they get the money that they will pay to you. even I do not know how but I know that I can earn money through this.

Of course there are some people that against bitcoin, maybe they hate bitcoin became they think that bitcoin is a scam, or some thing that bitcoin is useless or nothin but, if they know what really bitcoin is maybe they will support bitcoin. Or maybe they will spread the name "BITCOIN".

bitcoin not for the opponent but to make friends who are always active at any time and can be utilized the results.

There a lot people remaining who dislike bitcoin or the concept on it. Maybe because they use to work like regular work or on hand work. But the disanvantage on it. They work are just only regular rate. Bitcoin in bitcoin its different. Its more higher than the other. And less stress and you dont have to worry about your time. Because its your time. And you dont need requirment to it. So its super easy,

A lot of people are against bitcoin because they don't have any idea what it is all about. The thing that is fixed on their minds is that, butcoin is a scam. Maybe because of the involvement of money that circulates.

It's not what we call against with bitcoin if they don't really know about bitcoin. They don't know about bitcoin while hearing and reading those fake news about bitcoin to be related to scams and other bad acts. And that's why they are against to bitcoin because they only think that bitcoin can be used that way.

Because most of them don't have enough knowledge about it. They are skeptical about it and close minded people. But when they see you earning a good profit from bitcoin then they will just ask questions how you earn money from it. Well, that's how it works all over the world.

Yes I agree not all people are against on it, And I guess they are against bitcoin because they really dont know how to use it. They really dont know how bitcoin helps people through their living and some other reason is they were supported some other crypto's like what you were saying. They dont know that bitcoin is a big help for many people. So I guess we must have to know bitcoin first.

Not really people are against bitcoin. Those people that are against to bitcoin are the ones that are supporting some other crypto's and they don't want to see bitcoin being supported by so many people as it can affect to their coin that they hold.

You fear what you don't know and believe.
HODL and be free mate.

we know that bitcoin can make you fast and it does not work hard. bitcoin is just fine you do not need to stay away from your family ... so many of us have to fight the bitcoin..what's in the home room Make money you have your own time and relax

Because they did not see what is the good characteristics of bitcoin and they don't even know how bitcoin did to us. In some cases many bitcoiner are succeed and when other people see that maybe they change their mind and be one of us.