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Topic: Why are so many people against bitcoin? - page 136. (Read 19333 times)

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October 18, 2017, 11:49:42 AM
The main reason i think that so many people are against bitcoin is lack of knowledge about it. Actually they don't know about it fully, because if they did so, they wouldn't be against it. so i think that lack of knowledge about it is the main reason. Everyone Know That BTC is a Blessing coin.
hero member
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October 18, 2017, 11:28:48 AM
I think the insecurity of the value fluctuation is something that scares people. There is nothing to worry about the security of the technology and on top of that, Bitcoin is also offering several benefits over traditional fiat system so there is no issue of insecurity in the possession of the value. Since there is no central controlling authority, the possibility of anarchy is another reason to oppose for some people.
copper member
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October 18, 2017, 10:52:45 AM
The risk of security can be the main of the reasons for people to be against Bitcoin. As for me also that is the same reason . What about others ?
newbie
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October 18, 2017, 10:49:59 AM
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?


On my own understanding about this question is most of people in world today don't know how really bitcoin is working, they're simply afraid of new things in culture, other say that bitcoin is a type of illuminati's stuff to control the mind of people. Something like that. You cant simply please anyone if they don't know what's the meaning of change.
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October 18, 2017, 10:49:08 AM
actually they are not much familiar with importance of bitcoin as will quote our here that future belongs to bitcoins means all online trading and economy will belongs to bitcoin.so i think soon they will realize its importance and will become supporter of bit coin soon
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October 18, 2017, 10:44:37 AM
because they missed the train Cheesy
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October 18, 2017, 10:39:53 AM
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 not being against but its just ignorance of Bitcoin. Maybe we should make time educating them how Bitcoin works and can do in someone's lives. If people will know the help that can Bitcoin give, they will surely be persuaded to work here and invest here. We just got to help them.
hero member
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October 18, 2017, 09:46:20 AM
I think also that they are just few who did not like bitcoin! they just don't know what bitcoin capable of changing their lives or don't have any idea about bitcoin and they always think that it is a scam or else.
member
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October 18, 2017, 08:46:26 AM
I guess it has to do majorly with the subconscious fear of not understanding it and in part also because its a huge departure from the traditional fiat, can see, can touch currency.
full member
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October 18, 2017, 08:38:20 AM
First of all bitcoin have  no Rulls,  no tax, no vat. Without Tax
 transaction is not legal.  So Many country Announced "Bitcoin is illegal".

Some kind of people use it for wrong work in darkweb.
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October 18, 2017, 08:32:08 AM
In point of my view many people are against bitcoins because 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
Yes that is the point that people hate such thing which people do not know about. But i think that if we introduce it to them in a good way, then they will surely start taking interest in it. So it is too much important to introduce bitcoin in a good way to those people who do not know about it. They will only take interest in bitcoin only they properly educate about it and if they will feel any thing good for themselves. then they will surely start taking interest in bitcoin.
full member
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October 18, 2017, 07:17:58 AM
We all know why banks are so against bitcoin. It's because people are rejecting the printed notes made by banks and are adopting these bitcoin.
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October 18, 2017, 05:41:55 AM
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
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October 18, 2017, 05:36:24 AM
I think that people who do not trust bitcoin simply do not have enough information about it. If they were really interested in him and read a lot of news about him, they treated him differently, and maybe even put their money into bitcoin.
sr. member
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October 18, 2017, 05:13:56 AM
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?


Where did you get such observation? There are only a few people who are against bitcoin. And these people are either somehow ignorant about bitcoin or they are just simply sowing fears among bitcoin believers in order for them let go of their bitcoins. These people want the price of bitcoin to go down so that they could buy them at a discounted price.
Yes that can be a possibility but I think in past there were some crypto which deceived the people so may be people scared and may be hey are thinking that bitcoin can also do the same thing and which is not right to understand bitcoin you must learn about it properly that what is bitcoin and how it give advantage to the people and I am sure when the people come to know about it they will like it.
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October 18, 2017, 05:13:20 AM
They are not against the bitcoin, they receive it negatively. Maybe they were cheated by the bad guys when they first joined the crypto market and they started to think negatively about it.

That's what's usually happen. People are using bitcoin as a medium to scam others. The end result, people don't want to use bitcoin, what more to trust it?

In my opinion, those who experienced scamming in the past, they are reluctant to use bitcoin. There are others too who are not open to this technology and they still love to use the classic fiat.
full member
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October 18, 2017, 05:08:56 AM
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 those people who are talking a lot against bitcoin have their interests in talking against it. It could be that bitcoin is a threat to their security on something and some just hate it for no reason just because they are ignorant about it. They hear one talking bad about it and passing the hatred one to another with out even having the knowledge about it. Same thing i did before. Just because i heard some hating bitcoin and saying negative words about it and i adapted the same idea. So when someone talk about bitcoin i automatically respond with negativity.
legendary
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October 18, 2017, 04:48:57 AM
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?

There are lots of reasons but the most common thing why people against on bitcoin because it can really be used on criminality which is really the reality of bitcoin usage since its an anonymous stuff and when it comes on government they do hate it because its decentralized and cannot really be taxed which they would normally have negative impressions on it.
hero member
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October 18, 2017, 04:46:56 AM
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 are afraid of bitcoin because they do not believe in the value of the virtual world. They are afraid that their money will be lost without any information to search. Or their wallet will be stolen. They do not feel secure investing large sums of money. But they do not know the benefits of bitcoin.
Most likely they think of bitcoins that are not shaped but have a very high value and then do not believe it. they may be afraid of what you say to lose the money and return worthless
full member
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October 18, 2017, 04:44:17 AM
In my opinion why are there so many people against in bitcoin because they understand what bitcoin is. They have a lack of knowledge about bitcoin and they don’t accept bitcoins.
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