Topic: Why are so many people against bitcoin? - page 134. (Read 19333 times)
theres a few people who against bitcoin because their money that they invested was scam by someone or just a lack of knowledge about the bitcoin they didn't know how bitcoin was profitable, on how much they can earn on this but they always refuse on how they can earn money, they are not a risk taker and they easily surrender in their career.
Because those who use bitcoin already know what it is really bitcoin. They also want to find additional revenue by using bitcoin. And they know that bitcoin promises for their future. And this does not mean money moves into the wrong hands.
Many people who do not believe in Bitcoin or believe in the security risk. They must change their mind when all countries mark this as a legal currency.
Yes, There's still a lot of people who are against or do not believe in bitcoin and what I think of is - it is because of the risk of security. I even tried to discuss this with my friends at work and they do not believe that they can earn money in bitcoin even without any investment.
Maybe they are not aware what Bitcoin really is and also there are some negative news about crypto currency that makes them not believing on it.we have to understand their opinion we don't have to force them.
It could be fear of the unknown or maybe they have benefits they getting in fiat that they feel the will not be getting from bitcoin once they adopt it as its built to promote transparency and decentralization. Then again the only people that are against bitcoin are the people in authority which should not come as a surprise.
I think that in this situation, nothing to explain I need, because we see how unstable is Bitcoin and all the rest of the crypto currency. If we attract humanity to use crypto currency, then you need to have stable prices for coins, and to date they are not. Therefore, the popularization of Bitcoin is somewhat difficult and therefore people are not in a hurry to use crypto currency for everyday purposes. 
It could be fear of the unknown or maybe they have benefits they getting in fiat that they feel the will not be getting from bitcoin once they adopt it as its built to promote transparency and decentralization. Then again the only people that are against bitcoin are the people in authority which should not come as a surprise.
There are various types of persons that are against bitcoin and each has their own set of reasons why they don't support it.
But in general you can group them by people that has shown interest in other crypto currency that is a bitcoin competitor, people connected in some form with the current monetary and financial system that is scared bitcoin can take their spot and finally the group of people that would like to support bitcoin but feel they are late to the party and because they couldn't get in sooner they go against it.
Same happens in other very different areas of our society.
But in general you can group them by people that has shown interest in other crypto currency that is a bitcoin competitor, people connected in some form with the current monetary and financial system that is scared bitcoin can take their spot and finally the group of people that would like to support bitcoin but feel they are late to the party and because they couldn't get in sooner they go against it.
Same happens in other very different areas of our society.
People are against it because they really do not know what Bitcoin is. Aside from that most of these people are just pretending to be knowledgeable which in fact they do not know anything at all. It is sad to think that those who really do not know what Bitcoin is , are the one who actually too vocal about hating it. Funny isn't it?
I think why people fight bitcoin, maybe they will be afraid of losing their money if they go into bitcoin world then they do not believe that bitcoin is real, and people who fight bitcoin or do not like bitcoin maybe their views are very different like ordinary people who do not understand about technology. There is so much against bitcoin like most banks that do not want bitcoin to replace banks in every country, and the main people against bitcoin are the ones who do business with bank goods so they do not want to lose their business in the presence of bitcoin. So bitcoin can replace the bank's position into bitcoin
There are no acceptable "safe" ways to invest in bitcoin. If you invest anonymously, you run the risk of losing investments due to low liquidity or hackers. Many people really do not know what bitcoin is. And to think that you will gain an advantage, ahead of others, in this case it would be a mistake.
Their brains are small and bitcoin confuses them and they get angry. When a small brain gets confused and angry at the same time it stops functioning and random emotional responses become presented as fact. The small brain tries it's very best to make sense of what is going on and believes it's own bs to the point it seems proud. Look at that Morgan guy for example. We should bit worry about these people let them stay poor and stupid and we collect bitcoin. What's the problem really?
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?
I think most of those who against bitcoin instead of hate or oppose bitcoin, but they do not understand about bitcoin, so they think negatively about bitcoin and the world of digital currency
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?
I guess they against in bitcoin because they think that it is scam but the truth is it not scam. I think they against in bitcoin because they do not know how to use is and how it works. In addition to that, they against in bitcoin because they do not know what is the purpose of bitcoin on the life of people. 
In my point of view many people are against bitcoins because of it's greatest strength which makes it weak too.I am talking about its anonymousity and it being decentralized.
People normally tend to hate things which they don't understand.For example if we talk about bitcoins to our older generations they will say that it is scam.And as the user of bitcoin can stay anonymous this digital currency can be used for many criminal activities.
I think these all things make people against the use of bitcoins
so what exactly is your point here? that bitcoin's potential use for crime makes it weak? so what? anyone can walk up to their neighborhood weed dealer and pay with cash, does that make the dollar / euro / whatever weak? criminals can pay for illegal weapons with a suitcase of cash, does that make cash weak? im sure when paper money was first introduced people thought it was a 'scam' as well, after all its just paper, it's worth nearly nothing, why would it hold this much trading power? because the government said so? sounds fishy doesn't it. all the points you're trying to make can be said the exact same of the currencies in use today, you're not giving it nearly enough thought. there's something more, for the lack of a better phrase, as to why bitcoin has its strength and weaknesses, and why people aren't picking it up on their own. People normally tend to hate things which they don't understand.For example if we talk about bitcoins to our older generations they will say that it is scam.And as the user of bitcoin can stay anonymous this digital currency can be used for many criminal activities.
I think these all things make people against the use of bitcoins
I can't speak for everyone but I explain why I was a non-believer before I took the dip into crypto:
1. It was too new of a technology that wasn't widely adopted;
2. I didn't understand what a blockchain was;
3. I was intimidated by its rapid increase in value over such a short period of time (bubble fears);
4. Its intangible and has no intrinsic value;
I took the prerogative to actually read about Bitcoin and the blockchain technology and educated myself. I addressed each of the concerns and took the dip with an amount I was willing to lose.
Other fallacies that some people subscribe to are:
1. Its used exclusively by rouge nations, drug dealers and pimps for illicit purposes (just like fiat);
2. Its decentralized (yes many people dislike that);
3. Its a ponzi scheme;
They'll come around eventually!
1. It was too new of a technology that wasn't widely adopted;
2. I didn't understand what a blockchain was;
3. I was intimidated by its rapid increase in value over such a short period of time (bubble fears);
4. Its intangible and has no intrinsic value;
I took the prerogative to actually read about Bitcoin and the blockchain technology and educated myself. I addressed each of the concerns and took the dip with an amount I was willing to lose.
Other fallacies that some people subscribe to are:
1. Its used exclusively by rouge nations, drug dealers and pimps for illicit purposes (just like fiat);
2. Its decentralized (yes many people dislike that);
3. Its a ponzi scheme;
They'll come around eventually!
Many people are against bitcoin because they don't have enough idea about bitcoin. Generally they are afraid about the security. They don't know that the security system of bitcoin is so strong. As the transaction with bitcoin is totally free, the banks are afraid. As people have to pay a lot of money while transacting through bank, they are now transacting through bitcoin. So the banks are afraid about their business. And they are lying to their clients about bitcoin. And their clients start to speak against bitcoin.
Bitcoin also has fees you know... So you're incorrect about that. Also, you can send bank transfers for free, at least you can in Europe through SEPA transactions, I don't know about international transactions.
It's true that some banks actively discourage people to use Bitcoin, in extreme cases they even close down bank accounts.
But there are also banks that just don't care.
From my personal experience, I would say that most of those who hate Bitcoin are those who are least knowledgeable about it. All their information comes from negative propaganda campaign against the crypto-currency in the mainstream media. They believe that Bitcoin is a currency which is solely used by drug dealers, criminals and pedophiles.
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?
Many people against to bitcoin because it to being alive in internet only. They hate bitcoin because they think it scam only and wasted your time. Because its only alive in the internet it dont get a proof if you earn if you dont pay out you need to payout before you got a proof. And because bitcoin is used in the criminal activities i think its the reasons why manu people against bitcoin
Many people are against bitcoin because they don't have enough idea about bitcoin. Generally they are afraid about the security. They don't know that the security system of bitcoin is so strong. As the transaction with bitcoin is totally free, the banks are afraid. As people have to pay a lot of money while transacting through bank, they are now transacting through bitcoin. So the banks are afraid about their business. And they are lying to their clients about bitcoin. And their clients start to speak against bitcoin.
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?
Because they don't know the real value of bitcoin sicne they seing people who is losing in investment because they don't know what they ding in bitcoin they are really impatient person who can't wait for the big changes of bitcoin that is why they scared to use or to invest their money anymore with bitcoin. Jump to: