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Topic: Why are so many people against bitcoin? - page 146. (Read 19333 times)

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October 15, 2017, 09:55:34 AM
#71
people who fight bitcoin,
chances are they do not know the use of bitcoin and if those who know bitcoin just from someone's talk. because they do not know how to use and how to produce it.
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October 15, 2017, 09:47:30 AM
#70
So many people are against Bitcoin because they don't want to see it succeed. Most people are in the older generation and think they know what's best but that's not the case with tech.
legendary
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October 15, 2017, 09:44:28 AM
#69
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?


Layman's insecurity that is the reason why they hate it. They cannot hold it in their hands. It is intangible. They like holding paper, coins and plastic cards. All the old world stuff makes them feel comfortable. Bitcoin makes them uneasy and jittery. For they are not making any efforts to study it.
eh... dunno about that one. we live in a world where most of our money isnt even physical, its all digital numbers (in total, not just for the individual). as for credit cards, they're not worth anything themselves, its just a worthless piece of plastic with a mag stripe and maybe a chip. it serves as a way to access your money when used with a card reader. we dont even 'own' movies or games anymore for the most part, it's all digital downloads and streams. your logic here doesn't really hold when you look at the bigger picture here; this isn't the reason people don't find bitcoin secure, it's their lack of knowledge and resistance to change.

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?


They are skeptic of bitcoins. There goes the saying that if it's too good to be true, it would be a scam. I cannot blame them. They are not that kind of people who accepts the risks and wait for a long time. They are the kind of people who work from 9 in the morning to 5 in the afternoon. When you invest in bitcoins, you need patience and timing. That is what they don't fully understand.
i agree. People are afraid of what they dont  understand. In addition to that, media coverage of bitcoin is quite on the negative side. Plus the comments made by the banking leaders, people who do not understand will really be against it.
i reiterate this point quite a lot when questions similar to op's comes up, sums it up quite nicely.
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October 15, 2017, 09:44:27 AM
#68
I think they against because bitcoin the earnings here is not big like the earnings in there country like if your job in real life is a manager in fast food you dont need bitcoin because you earn big by that or your job is not connected in bitcoin and if bitcoin go high your job will be gone thats why they against
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October 15, 2017, 09:39:51 AM
#67
The majority of people whom are against Bitcoin are the ones whom are either uneducated of threatened by its existence. I am confident that many of those who are uneducated about Bitcoin would most certainly become supporters if they fully understood its capabilities.
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October 15, 2017, 09:38:04 AM
#66
I guess that's because all the people are scared and do not trust bitcoin. especially with investing and trading high risk, so they do not want to spend money just for this bitcoin.
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October 15, 2017, 09:35:00 AM
#65
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?


They are skeptic of bitcoins. There goes the saying that if it's too good to be true, it would be a scam. I cannot blame them. They are not that kind of people who accepts the risks and wait for a long time. They are the kind of people who work from 9 in the morning to 5 in the afternoon. When you invest in bitcoins, you need patience and timing. That is what they don't fully understand.
i agree. People are afraid of what they dont  understand. In addition to that, media coverage of bitcoin is quite on the negative side. Plus the comments made by the banking leaders, people who do not understand will really be against it.
legendary
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Welt Am Draht
October 15, 2017, 09:33:42 AM
#64
To understand Bitcoin you need to understand money. Hardly anyone understands money even though it completely dominates every life out there.

The people who are entrenched in the traditional money business are most vociferously against it because they know it'll expose their operations as the fraud they are.

Here's the relevant Henry Ford quote - "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

Then there's also good ignorance and resistance to change. And let's not forget the straightforward jealousy of early adopters.
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October 15, 2017, 09:33:24 AM
#63
I think they not against bitcoin, but they don't know what is bitcoin?, why they must joint bitcoin?. Else some people don't believe it.
Or their country not allowed bitcoin, just that. Because of that reason, I don't thing so they against bitcoin.
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October 15, 2017, 09:32:07 AM
#62
A good question, I think many hate bitcoin because they can not know its potential. The same as the internet, bitcoin will creep up and will be known more people day by day.
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October 15, 2017, 09:30:38 AM
#61
Because people thought that bitcoin is scam but it is not, mostly the Government is the one who hates it for example is china , they have banned ICO crowd funding with their own personal reason. The other reason is they been scammed for so many times that is why it change their perspective on bitcoin.
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October 15, 2017, 09:27:34 AM
#60
I think they against because they dont know a lot here in bitcoin,they can also afraid losing there own money in bitcoin,i think they dont believe here because they have work in real world and they earn a lot of money in that,we can also think that they against because they experience a scam here in bitcoin
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October 15, 2017, 09:23:23 AM
#59
It is against bitcoin that there are many people who are engaged in individual financial activities, but rather those people who represent various state bodies and organizations.
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October 15, 2017, 09:22:59 AM
#58
So many people are against Bitcoin because they don't want to lose what they have spent so long building. Everything they own is based on FIAT so it's hard for them to grasp at first.
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October 15, 2017, 09:18:05 AM
#57
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 one of the main reasons is lack of knowledge and the negativity that historically has been in the media, anyone that does just a tiny bit of research has no option but to be excited.
Yes, people doesn't have a good knowledge and with everything most of the time media always portray the negativity than the positive things happening with bitcoin. Also the people always have a hesitant mind, because of the virtual presence without any physical product value.
legendary
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October 15, 2017, 09:09:25 AM
#56
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 one of the main reasons is lack of knowledge and the negativity that historically has been in the media, anyone that does just a tiny bit of research has no option but to be excited.
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October 15, 2017, 09:06:53 AM
#55
In my opinion people are not against bitcoin but very rare people I can say against the btc. They are mostly those people who couldn't grab the opportunity at the right time. So they are repenting now and they mostly speak negative about btc even there are some well aware about the potential of btc. I don't think whomsoever bought btc bear any kind of loss as of now unless they hold the btc.
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October 15, 2017, 09:03:20 AM
#54
a lot of people are against bitcoin because they simply don't understand what are it's uses and don't believe in electronic or digital money and think that they will get hacked and all their savings will be stolen .
legendary
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October 15, 2017, 09:01:46 AM
#53
I think they are not against in bitcoin. They are just people who sometimes do not have to cheat around them and others probably do not need bitcoin in their lives. They lived before that without bitcoin and the rest is convenient their life, unlike everyone in the forum including me, we need extra income. Besides, there are people also afraid to invest in bitcoin. Today, this is what I see why they did not enter the world of bitcoin
they don't have enough knowledge that's why they are not interested about this system most of those who are against bitcoin or cryptos are those
who in need of proper education about bitcoin, we do need to allow them to understand basic principle and the potentials of this system to be a useful]alternatives for current fiat system.
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October 15, 2017, 08:51:59 AM
#52
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?


In my point of view- people are not against Bitcoin.
It is the financial institutions that are against it.
It is a threat and when you face a threat you need to face it (of reject it).

I think that people don't really understand what Bitcoin is. They feel like it is drug/money launder/illegal currency that can only bring bad to the world. The only reason they feel this way is due to brain washing of the media, governments, financial institutions, etc.
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