I think it could be described in one word and it would be "The fear"
Fear of the unknown, fear of what has no support whatsoever, fear of volatility, fear that bitcoin will result to be another farce but above all that ends up being no more than another great bubble.
Topic: Why are so many people against bitcoin? - page 143. (Read 19333 times)
The reason is because they dont understand about bitcoin, they dont understand the usage, and not all people are open minded about new things, and the most influence things is the media, the media like to focus on the crypto currencies negative things and spread it like bitcoin is created for bad things
So many people are against to bitcoin because many of us are unemployed and it only takes daily cost and as if I was unemployed I was so bitcoin and it helped me so much because I helped it a lot are my parents I am helping them
You cannot say so many people, because right now it is just popular among 1% of the population and the people who are against Bitcoin are just few in number, yet very powerful. The governments of few countries are against Bitcoin because they see that it can create scam and create problems for the nation. Then comes Banks which are against Bitcoin because they fear that it may reduce their profit and demand in the market and lastly are those people who don't understand crypto currency and Bitcoin and are against Bitcoin because they have listened negative news and rumors of Bitcoin.
They are simply against bitcoin because 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.
The thing you say is very true, not that they are against bitcoin that they lack knowledge. And there are groups of people who create the negative of it to lower the value and hold it at a lower value.
Actually you are right on everything. People have their different reasons to hate it. However, the most important thing is the disruptive nature of bitcoin. It is going to change the landscape of our global economic structure. So, the people who will get affected by it, start hating it.
may be people have not fully understood about bitcoin that can generate many advantages of bitcoin.Mungkin also their main reason is the lack of knowledge and bitcoin. i'm sure that those who lack knowledge about bitcoin will surely be a supporter if they benar2 memahi what is the purpose in in this forum to get a lot of results
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Bitcoin :open immutable decentralized global fair
The fiat currency global system is a debt-based conflict-funding system that wants to keep its monopoly (by the central banks).
Central banks controls the governments in each country.
Central banks control and have a MONOPOLY on credit/currency issuance in each country.
Additionally Central banks control the media in every region. Thus will TRY to influence opinion on things like bitcoin.
They will not allow competition and they've even banned bitcoin worldwide since 2013 training tellers to block/stop transactions if "bitcoin" is mentioned.
Four full years and the powerful central banks have been rendered POWERLESS TO BITCOIN'S decentralized strength.
Bitcoin keeps growing and growing in every country.
The people around the world are becoming too smart in seeing through the fiat currency schemes.
Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalksearch.org/topic/which-country-are-you-from-here-list-thirty-popular-bitcoin-countries-for-trade-1853019
WHO WILL PROTECT ME FROM THESE HORRIBLE FIAT CURRENCY BUBBLES??
CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping
https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/
Recommend reading post: "Hacks Puppets and Forks - How to destroy Bitcoin"
https://bitcointalk.org/index.php?topic=1834310.20
Bitcoin has the highest value because of the totality of what it is - if it lacked the features of what it is, then there would be no value.
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin has all these together to make the most value and increasing more than any other financial-asset option coming from the fiat central-banking debt-system.
Though it is still very early adoption not even 1% adopted yet (most people everywhere don't know what it is)...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.
And it has become clear that...
Bitcoin CANNOT be controlled.
Bitcoin cannot be made legal. Governments may still attempt to do so. They can never have such domination on Bitcoin.
Bitcoin cannot be made illegal. Governments may still attempt to do so.
Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates. Central banks will never have such domination on Bitcoin.
Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.
On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.
Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses
Bitcoin, systemically, is free from these burdens.
Don't you know what a database is? A non-decentralized "Blockchain" is a private database....Private databases has virtually no value!
BLOCKCHAIN without bitcoin = SCAMCHAINS, useless unsecure private databases
BLOCKCHAINS without bitcoin ARE SIMPLY PRIVATE DATABASES that every small business has even a coffee shop = NO VALUE, its like fiat currency, small minimal value!
BITCOIN BLOCKHAIN = SECURE IMMUTABLE VALUABLE OPEN-SOURCE DECENTRALIZED FAIR (scarce bitcoin supply). Globally people poured over $80Billion (USD) equivelent value into bitcoin and this will increase with time.
hacks (these people may have been well-meaning previously...but people change...):
Mike Hearn : “the "Bitcoin experiment" has "failed." goes on to Ethereum an app coin.
Hearn - Big Bank Bitcoin Bully - https://medium.com/@tradertimm/hearn-big-bank-bitcoin-bully-c61531c082e#.okh9viyze
Craig Wright - desperately claimed to be Satoshi & then flees fraud trying to file a bunch of IP patents! LOL!
Mark Karpeles
Paul Vernon
Josh Garza
Roger Ver
Jeff Garzik (2017 recent; hard forking BTC1 / segwit2x)
"Jeff Garzik wants you to connect to his Bitcoin transaction analytics (spy) company Skry, by default, in the SegWit2x fork. Jeff is a sneaky snake!":https://www.reddit.com/r/Bitcoin/comments/6n9grc/jeff_garzik_wants_you_to_connect_to_his_bitcoin/
Barry Silbert (and his DCG portfolio of companies-ie Coinbase, Bitpay, sponsoring ilk of Jeff Garzik characters)
Central banks controls the governments in each country.
Central banks control and have a MONOPOLY on credit/currency issuance in each country.
Additionally Central banks control the media in every region. Thus will TRY to influence opinion on things like bitcoin.
They will not allow competition and they've even banned bitcoin worldwide since 2013 training tellers to block/stop transactions if "bitcoin" is mentioned.
Four full years and the powerful central banks have been rendered POWERLESS TO BITCOIN'S decentralized strength.
Bitcoin keeps growing and growing in every country.
The people around the world are becoming too smart in seeing through the fiat currency schemes.
Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalksearch.org/topic/which-country-are-you-from-here-list-thirty-popular-bitcoin-countries-for-trade-1853019
WHO WILL PROTECT ME FROM THESE HORRIBLE FIAT CURRENCY BUBBLES??
CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping
https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/
Recommend reading post: "Hacks Puppets and Forks - How to destroy Bitcoin"
https://bitcointalk.org/index.php?topic=1834310.20
Bitcoin has the highest value because of the totality of what it is - if it lacked the features of what it is, then there would be no value.
If it can be shutdown, and have assets frozen by a bank or government, there would be no value
If it wasn't secure, there would be no value.
If it wasn't immutable, there would be no value.
If it wasn't globally distributed, there would be no value.
If it wasn't so strong, open-source decentralized and unstoppable, there would be no value.
If it wasn't so scarce, there would be no value.
If it was easy to spam transactions, there would be no value
If it didn't have the history of 8+ years (and still no hacker can exploit bitcoin blockchain), there would be no value
If it was exactly like fiat and only did transactions, there would be no value.
Bitcoin has all these together to make the most value and increasing more than any other financial-asset option coming from the fiat central-banking debt-system.
Though it is still very early adoption not even 1% adopted yet (most people everywhere don't know what it is)...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.
And it has become clear that...
Bitcoin CANNOT be controlled.
Bitcoin cannot be made legal. Governments may still attempt to do so. They can never have such domination on Bitcoin.
Bitcoin cannot be made illegal. Governments may still attempt to do so.
Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates. Central banks will never have such domination on Bitcoin.
Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.
On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.
Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses
Bitcoin, systemically, is free from these burdens.
Don't you know what a database is? A non-decentralized "Blockchain" is a private database....Private databases has virtually no value!
BLOCKCHAIN without bitcoin = SCAMCHAINS, useless unsecure private databases
BLOCKCHAINS without bitcoin ARE SIMPLY PRIVATE DATABASES that every small business has even a coffee shop = NO VALUE, its like fiat currency, small minimal value!
BITCOIN BLOCKHAIN = SECURE IMMUTABLE VALUABLE OPEN-SOURCE DECENTRALIZED FAIR (scarce bitcoin supply). Globally people poured over $80Billion (USD) equivelent value into bitcoin and this will increase with time.
hacks (these people may have been well-meaning previously...but people change...):
Mike Hearn : “the "Bitcoin experiment" has "failed." goes on to Ethereum an app coin.
Hearn - Big Bank Bitcoin Bully - https://medium.com/@tradertimm/hearn-big-bank-bitcoin-bully-c61531c082e#.okh9viyze
Craig Wright - desperately claimed to be Satoshi & then flees fraud trying to file a bunch of IP patents! LOL!
Mark Karpeles
Paul Vernon
Josh Garza
Roger Ver
Jeff Garzik (2017 recent; hard forking BTC1 / segwit2x)
"Jeff Garzik wants you to connect to his Bitcoin transaction analytics (spy) company Skry, by default, in the SegWit2x fork. Jeff is a sneaky snake!":https://www.reddit.com/r/Bitcoin/comments/6n9grc/jeff_garzik_wants_you_to_connect_to_his_bitcoin/
Barry Silbert (and his DCG portfolio of companies-ie Coinbase, Bitpay, sponsoring ilk of Jeff Garzik characters)
Bitcoin is a complex monetary system without central control of governance. So each politician is so worry about what or how it would affect their respective sovereignty and their Stas monetary would not be preferred.
Plain and simple, everyone is afraid of what they don't know.
And most people don't know what Cryptocurrency is.
All they hear is the media spout that Crypto is just used for bad things on the internet.
Whereas 99% of Crypto is not used in any negative way.
That's like saying USD is bad because some guy bought drugs with it once.
And most people don't know what Cryptocurrency is.
All they hear is the media spout that Crypto is just used for bad things on the internet.
Whereas 99% of Crypto is not used in any negative way.
That's like saying USD is bad because some guy bought drugs with it once.
Actually, they are not against Bitcoin anymore, they people are afraid and don't have any trust on this system. I believe if Bitcoin have to take more strong measure then those type of people will get engaged. Another main reason is the risk. in this platform, you have to take risk more than any other business platform. But time is changing, people are getting involved and this platform is becoming a popular across the world.
They are simply against bitcoin because 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.
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.
I dont think that there are too many against this bitcoin because all of my friends that know this is suddenly love this, but the others who dont really have knowledge will not.
I think they're against bitcoin is that they get left behind about this one. They don't even know anything about it. Just because its on the internet, they would think that it was just a big scam. Little they know that people use it to earn money easily. One also reason is that they may be jealous about a person who earn a lot of money here in bitcoin while they work hard, blood and sweat earning just a little amount.
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?
It's either they just pretend to be against it especially if they know they can influence some people so that when it spreads, bitcoin price would go down and they can buy cheaper or they just don't understand what it is. Some people are afraid of something new because they are afraid of change and go out of their comfort zone. Bitcoin being very volatile and high price would make those people who don't understand it directly say that it is scam being protective of their stand against things that they don't know and some just don't want to accept the fact that they have missed an opportunity that's why they want other people to miss too as well.
I used to be very unhappy with bitcoin, I guess it's just some kind of propaganda or something, but lately there are a lot of benefits from bitcoin and that too helps a lot of people, and some cases can change a person's fate. That's why I started studying bitcoin in this forum.
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?
First of all many people against Bitcoin because a lack of knowledge about on how to use this. I agree with that, 2nd they also not capable to doing this because of some problem like internet connection in their area. so how could be the people being comfortable if the situation like this will probably in it. that's why we are here in signature campaign to explain to all people are not so interested about bitcoin.
They don't like bitcoin because they don't know all the good qualities that it has.
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 they are just few people who are against on it and most of them are in the government. We all know the bitcoin is getting more popular because of its price and one thing also is it easy to earn that's why there are many people who wants to earn it. Because of that some people chose to focus in bitcoin rather than finding a job and we also know that all the government expenses and project came from workers taxes.
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