I think they are scared of invest money in bitcoin because some people don't understand about it clearly
It's the unknown, and people end up watching from the sidelines not being part of it.
Topic: Why are so many people against bitcoin? - page 42. (Read 19333 times)
It's the unknown, and people end up watching from the sidelines not being part of it.
I think they are scared of invest money in bitcoin because some people don't understand about it clearly
One thing that suddenly struck on my mind is the idea that those people who hate bitcoin is probably a bitcoin lover in few months or years. They probably hate it because the time they bought bitcoin the price is continuously going up, but after buying the price continuously going down. Another set of people who might be haters of bitcoin are the banks, they need to hate it because it could be a direct opponent of their system.
Although bitcoin has many benefits, many people still against bitcoin. Most of them do not know what bitcoin is and they are governmental. Bitcoins are not universal, and many people still do not know the benefits of bitcoin. Not so, the government does not control the development of bitcoin so many of the governments against bitcoin.
I think there are many people who are against in bitcoin because maybe they heard a bad news about bitcoin from others, they have a bad mindset, dont have idea about bitcoin and affraid to take risk.
Many people are against bitcoin because they do not understand bitcoin. They think it's a scam. The value of bitcoin is not stable so many people do not trust it. Today, many fake wep pages are created to scam.
Because a very good investment in bitcoin will not be unmatched by any other company, so many people to destroy bitcoins with great hackers and who have accounts have to be careful.
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 against when we talks about bitcoin and we Can't blame them because nowadays many of investment companies is scam. Maybe those people who are against in bitcoin are scammed. But we all need to do is to show them the legitimacy of bitcoin and how you will earn without investing.
Many people against Bitcoin because they don’t believe in bitcoin, they think it is a kind of scam and theey don’t want to earn money in bitcoin..
Today it was the turn of Bill Gates to unleash his share of verbal diarrhoea against the crypto-currency. One thing is clear to me now. Those who are above 50-60 years are never going to understand the technology and concept behind Bitcoins. Don't even expect them to understand Bitcoin fully.
Bill Gates and his company Microsoft always and in all adhered to conservative views, but I agree that people over 50 years of age are difficult to understand and accept bitcoin and cryptocurrency. Everything new was always difficult to develop, because it came up against the opinion of the older generation, who does not like everything new.
Maybe because they are traumatize or something like they don't want experience losing money. They are also against in this one due to the false news or etc that empowered their mind. We cannot judge them tho. They have other reason behind it.
Some of the people think that bitcoin rate was going up and down too fast. Other way it's money transfer system is on lining system there for which transaction used by user it's totally hide. But who's know bitcoin well he is trying to earn bitcoon. Actually people are not really against bitcoins but there are a lot of people who are creating black propaganda in order to demote cryptocurrency in their country.
Nowadays we see some of the government against bitcoin for their rules or systematically.
Nowadays we see some of the government against bitcoin for their rules or systematically.
Most people don't understand what is bitcoin, they think Bitcoin is a scam. And they have not noticed the potential for it.
Because they felt that the BTC was going up and down too fast, because they didn't really buy BTC, they felt that BTC was a fraud and cheated investors' money, so they objected to BTC.
Yes, it may be because bitcoin is still in its development stage, with many restrictions. In particular, many countries have openly banned bitcoin policies so that people without bitcoin think bitcoin is unreliable and unacceptable . 
They against to bitcoin because on first the people have no idea how to earn bitcoin and someone said bitcoin was a scam so that they against on it. But we that knows about bitcoin we are happy on that because we earn so much in bitcoin.
Maybe because they cannot take advantage of Bitcoin. If people or a small country want to make Bitcoin as their business tool, I believe those small countries will become rich. Many people does not know anything about Bitcoin but they thought that BTC is a gambling tool or similar things. Of course that is not true and it is so ignorance. There are people who think that BTC is a dangerous thing and need to get destroyed. For example like government and bank. They actually cannot take advantage from people who use BITCOIN. Because when people use BTC they do not need to pay taxes or go to the bank. 
They against to bitcoin because on first the people have no idea how to earn bitcoin and someone said bitcoin was a scam so that they against on it. But we that knows about bitcoin we are happy on that because we earn so much in bitcoin.
Many people nowadays were still against of bitcoin because they think that it can harm their economy and it is really totally new for them and hard to believe.Though there have their reasons and it is not the same, like some are afraid taking risk of their investment or maybe some of them have the fear of bitcoin taking over their own currencies. Some of them keep om thinking that it was a scam. But i know their mindset will change in the near future if it will increase its value again.
A lot of people are against for several reasons:
1. Distrust of everything new
2. Transparent risks all lose (if you behave without the right strategy)
3. Price jumps
4. Doubts about the fact that money can be in digital form and safely stored somewhere on the site
5. The banal lack of understanding of how to start, and as a consequence, the postponement of the topic in the topic further and further
6. A huge amount of fraud around. some are just confident in 165% that the crypto currency is a hoax.
7. The lack of extra money to buy bitcoin
There are many such reasons. Must pass the time and the crypto currency will become an integral part of our lives. Many people are not yet ready to agree with this...
1. Distrust of everything new
2. Transparent risks all lose (if you behave without the right strategy)
3. Price jumps
4. Doubts about the fact that money can be in digital form and safely stored somewhere on the site
5. The banal lack of understanding of how to start, and as a consequence, the postponement of the topic in the topic further and further
6. A huge amount of fraud around. some are just confident in 165% that the crypto currency is a hoax.
7. The lack of extra money to buy bitcoin
There are many such reasons. Must pass the time and the crypto currency will become an integral part of our lives. Many people are not yet ready to agree with this...
At first i am totally againts bitcoin and other altcoin, when my friends introduce bitcoin to me my first impression is bitcoin is a scam, and to risky, the price was unstable, why do people invest on it? They are totally insane! Yes that my opinion at first because i dont really have idea what is happening in bitcoin, but when i saw my friends reallu earning alot on bitcoin i do a research and start collecting a data, and i found out thet bitcoin sas really good. I hope those people againts bitcoin while change their minds because bitcoin was really good interms of making money and earning income.
The Reason: Our Feudal Mentality
On a mental level, all of us are simply serfs. We are like sheep: staying in the herd and looking out for the shepherd's (Government's) instructions. We sheep are kept in line by dogs (Police/Military/Revenue).
Government Control
The problem here is that governments control almost everything: Land, minerals, spectrum, water, money and of course the ability to extend this control.
By virtue of being able to control stuff, governments have two main powers:
But Bitcoin is not controlled by any government. This is why they have no stand to tax it. Short of banning Bitcoin, not being able to tax it means not being able to control it. And outright banning is kind of difficult when you have got elections to fight every four or five years.
Misinformation
Misinformation is all that the establishment has in the fight against Bitcoin. And this misinformation is the root of this reputation of Bitcoin.
The Bitcoin white paper from 2008 is really eye-opening in this regard.
On a mental level, all of us are simply serfs. We are like sheep: staying in the herd and looking out for the shepherd's (Government's) instructions. We sheep are kept in line by dogs (Police/Military/Revenue).
Government Control
The problem here is that governments control almost everything: Land, minerals, spectrum, water, money and of course the ability to extend this control.
By virtue of being able to control stuff, governments have two main powers:
- They can tax the things they control
- They can take from us things they control. This includes punishing for whatever is bad use of something
But Bitcoin is not controlled by any government. This is why they have no stand to tax it. Short of banning Bitcoin, not being able to tax it means not being able to control it. And outright banning is kind of difficult when you have got elections to fight every four or five years.
Misinformation
Misinformation is all that the establishment has in the fight against Bitcoin. And this misinformation is the root of this reputation of Bitcoin.
The Bitcoin white paper from 2008 is really eye-opening in this regard.
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