Topic: Why are so many people against bitcoin? - page 144. (Read 19333 times)
Lack of education and irrational patterns.
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 not that many people are against it, most are just afraid of investing in it. Due to its decentralized and volatile nature, its price may change without sudden notice. Not to mention, the guarantee of security compared to other investments are lower since it is impossible to regulate bitcoin. In line with the said reasons, most people are skeptical into this high-risk, high-reward investment. They rather choose the safe option in order to avoid losing all of their money. Lastly, I guess that due to its increasing popularity, there are news spreading about its disadvantages attempting to destroy its existence because of the potential threat it affected banks and other companies related thereto.
What do you mean against bitcoin ? I think the only organisation of Bank Nation whose against btc with their banned in some country. Because they think btc is a criminal thing and many of bad people joined them. But as we know they're wrong, we can learned what the success man do from bitcoin.
Many people are against with the idea of bitcoin and the bitcoin itself because they aren't educated enough to know what is it. They are thinking that maybe it is somewhat illegal that they may be accused or something. Others, on the other hand, thought that it's just a scam, a fraud, which risks their security.
Bitcoin is considered as a threat to some international companies and even some countries. It is something that will change the world economy soon and not everybody agree with that. Even some countries are trying to keep bitcoin away from their people by illegalizing it. In my personal point of view, China did ban bitcoin because the goverment can't aford loosing many workers in the industry to become a part of bitcoin community. Money that a chinese ordinary citizen can make out of bitcoin is more than his salary at a factory, which will make them leave their jobs and that's not accepted because China is an industrial country since that they have no natural ressources.
I believe all the attempts of trying to stop bitcoin from spreading wider around the world will fail as it is considered now as an international currency.
I believe all the attempts of trying to stop bitcoin from spreading wider around the world will fail as it is considered now as an international 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?
people against bitcoin i think most of them came from the banking industries because bitcoin are treat to the bankers to replace fiat money of digital cryptocurrency the fiat money end and the banks sooner will close and the bitcoin bank raised as the first digital cryptocurrency control by the new technology.
It's not that they are against, perhaps they it is in their encounter with bitcoin. At first, the curiosity is a key to enthusiasm and when something went wrong they would regret at blame it on the thing itself. Hate is not really the term for it but they are just disappointed. And feared bitcoin use.
Reason why we have lots of coins coming up this days,everyone is looking for relevance and the possibility of gaining strength in the cryptocurrency world. The idea/whitepaper backing up Bitcoin is well encrypted,which migth make it very difficult for other cryptocurrency to outrun bitcoin.Bitcoin is the parent of all other cryptocurrenncy,there is nothing to compete about.
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The banks are loosing so much investor to bitcoin and people don't believe so much in economic because the government have fail them so many times but with bitcoin people are making a fortune every year so those people are against bitcoin see bitcoin as an obstacle to their own income.
How would you feel if you lost 1000 BTC 7 years ago? Probably, you wouldn't care at all. Imagine you have heard in news that Bitcoin value is increasing and it's almost $6000 for 1 BTC. You would be a millionare. Some people lost their bitcoins or decided not to invest in it because they thought it's a financial pyramid. That's one of many reasons why people hate BTC.
Actually, No one hates Bitcoin from the mind,
Some people who hasn't any kind of knowledge about cryptocurrency or Bitcoin but They think that they are the Omniscient
And Started to give Negative Feedback on Bitcoin only for collecting everyone's attention to him.
Some people who hasn't any kind of knowledge about cryptocurrency or Bitcoin but They think that they are the Omniscient
And Started to give Negative Feedback on Bitcoin only for collecting everyone's attention to him.
Bitcoin is a part of development that takes place in present time. However, people first feel afraid of new as well as non physical things; borader acceptance is on its way but still will take some more time to increase
People just don't know, what is bitcoin and what's behind it. They just think, it's scam or a bubble or both. So let's tell anyone what is bitcoin.
There are some major reasons that can make people to hate bitcoin and one of the main reason is that we can not trace our transaction on bitcoin which make a huge inflow of black money which is a serious problem to all.
People whom you are saying that they are against bitcoin are people either they don't know about it, they are a part of the government that is against bitcoin, or they are people who has already invested into it, trying to scare other people away from the good help coming from bitcoin.
There might still be many or other reasons why they hate bitcoin and other crypto currency.
There might still be many or other reasons why they hate bitcoin and other crypto currency.
There is a lot of people with different mental level they think different they judge you different. In the contrast of bitcoin people react towards bitcoin they even don’t believe that there is any currency which is operates through internet and that’s why they ae against of it.
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 really can be various reasons why someone would really hate bitcoins or all the of the other crypto currencies out there. One can be because ignorance. They may hate it because they have little to no knowledge abiut it and to lazy or afraid to try something they have never encountered before in their lives. Another reason maybe jealousy. They maybe jealous to the early adapters that is why they say awful things about bitcoins because they think they are already late and they want to drag as many people as they can down with them because they can't get a hold of it or too afraid or too lazy to try getting into the cryoto world.
Some may also just wanna troll, while others may just wanna spread worries to get weak hearyed people sell their crypto possessions so they can buy cheaper bitcoins.
Lastly, maybe they think it is illegal and don't wanna be a part of it in any way because of all the false news from people who don't even know what they are talking about.
Those are the only reasons i can think of.
Because they are fool and they dnt have any idea about this.they dnt knw they are ruining their future by this.
Mainly the government is against it as they are shaken by BITCOIN's growth and its rule. Cryptocurrency has shown his growth massively in the currently market. This is the reason the govt doesn't allow / accept it.
Well first, maybe because they have been scammed by a lot of people already that are affliated in bitcoin too. It is definitely not innovations that scares them. Investing on a very unstable thing is scary, I mean look at its volatile price.
It is not that the money will go on the wrong hands, not unless you are investing it into a scam. The good thing in bitcoin is you have all your money with you and not with any banks, authority or anyone else.
It is not that the money will go on the wrong hands, not unless you are investing it into a scam. The good thing in bitcoin is you have all your money with you and not with any banks, authority or anyone else.
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