Topic: Why are so many people against bitcoin? - page 83. (Read 19333 times)

Those trying to undermine and manipulate bitcoin stem from the central bank system around the world;
-the central banks dictate policy to all the operating big banks around the world and have essentially tried their best to ban bitcoin related transactions for more than four years straight, ever since 2013, and have failed at stopping bitcoin's growth, adoption, and popularity
-the central banks fund efforts to undermine bitcoin, providing plenty of capital and liquidity to private companies and venture backed groups such as Digital Currency Group (they own Coinbase, GDAX, Kraken, Bitpay, and media outlet Coindesk) to undermine and break the bitcoin protocol and/or manipulate trade

Above are just small examples.

First, educate yourself and then others. Please checkout the link to the bitcointalk post in my signature titled: How to teach Bitcoin to a 7 year old.

Bitcoin is a secure, decentralized, trustless and open system which cannot be banned nor controlled.
 
Bitcoin is ultimate store of value and its popularity has strengthened over time and maximizes value compared to any other altcoin...why?:
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 required a central 3rd party to function, there would be no value
If it was stopped after all major banks on Earth banned in 2013 to today, there would be no value. (say "bitcoin" when transacting and watch the block of the transaction. simple fix=never mention "bitcoin").
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's value is worth hundreds of billions USD today. Altcoins however are scams, weak, pyramid schemes not offering these values.

Bitcoin has all the characteristics needed combined to hold the most value and increasing more than any other financial-asset option coming from the manipulated fiat central-banking debt-system. (more than stocks, more than houses, more than gold)

Extra graphics to indicate the worldwide impact on the emergence of bitcoin in its infancy today:

Chart of performance of assets from Xmas 2014 to Dec 1. 2017 (in USD terms):
Bitcoin/USD
S&P 500 Stocks
Real Estate (REITs)
Gold
Bonds




Here are weekly peer-to-peer localbitcoins cash trade data for two random countries as time goes on. Right-most area is the most recent past week.

People against bitcoin because they don't know about bitcoin.At first they have to know about bitcoin more.if they know it proparly,they don't against with bitcoin.

Adding to this Most of the Ppl don't knw what is Bitcoin exactly ...They need to be educated and thought what it is ... Lots of them think it is an pyramid or ponzi scheme..

And few ppl shout and against are the ones who didn't get their hands on Bitcoin early when they knew about it.

Bitcoin only for tech lover..many people against the Bitcoin because he can't understand Bitcoin growth and its importance..and this type person unaware technology.
Of course it's price..more confuse them.

But they are not against bitcoin just cause they don`t understand it, people who are against bitcoin are the ones who are controlling fiat money. Now we have something that they cannot control and of course they are against it. But they can`t fight it, cause more and more people are starting to understand
what are crypto currencies, what is bitcoin and many other coins and they wish to be free and use their money freely.

Is like people against god, the can't understand a single meaning about god yet like to talk about.

I agree with you, if people will know what really bitcoin is. I know they will take their back, it is all about how it is introduced to them. They are not against but they don't have enough idea about bitcoin. Like you did by showing documentary to your dad, you give him idea about btc. We who is in bitcoin can do the same thing we can start with our love ones, then friends and even new meet people.

Cause one kind of people are not able to understand what is bitcoin, thats why better be against it. Another people understand (powerful) and know what btc can do with our system. So they try to destroy it

Certainly i agree, many people give bad impressions to bitcoin because they only rely out of the fake news about bitcoin over the social media, but to think these people are not yet experience of having bitcoin and how to earn it for money and all they think that bitcoin is a scam.

They are against Bitcoin probably because they do not understand how to take advantage of the Bitcoin.

You are absolutely right. Many people just don’t about what actually bitcoin is, how beautiful it is for making your lives better. Since the social media don’t spread kind word mostly therefor this scamming thing is prevailing all around the world. Still chances are there that will allow this amazing coin to pertain a better impact on such people and they come to know it well.

In my opinion there are many problems in bitcoin which can be discussed. But we cannot ignore the importance of bitcoin in our life. Blockchain is a great technology with a lot of benefits. But I think most of people who are against bitcoin don't know it and it's because of lack of knowledge.

Multiple reasons. People don't know about it yet so they speculate. It's in human nature, with everything we do, not just bitcoins. Also simply the feeling of the unknown. But personally i would feel the only bad thing is that it is easier used to pay in criminal activities.

And simply the fact that it is still seen as a high risk investment. For us probably not because we know more about it. But in general this is a very volatile investment. Increases and decreases much faster. But this also means that "active" investors can have a lot more profit with Bitcoin.

It's because of fake news in internet and also they are not aware of real fact of bitcoin/block chain. So they are getting afraid of scam. But its not like that. Those who are all against bitcoin, they are missing the huge opportunity of their life.

there are many different kind of people against bitcoin, the most common are the ones who read newspaper, doesn't know anything about BTC and crypto in general and they feel entitled, because they read on a newspaper or facebook, to give their opinion on an unknown topic.
Then there is the ones you see here on forum as well, spreading FUDS just for the fun of it, "hey look! BTC is dying! down to 40% in 0.3 seconds!" and so on, i honestly have no idea why they are wasting their time trying to convince everyone to follow them.
Then, there are the ones who are lazy, not willing to read anything about this world but their opinion have more value than yours.
All in all, take everything with a pinch of salt, from the enthusiast to the negative, the truth usually, is in the middle.

Yes, many people are against it, because it is illegal in many countries. I talked to many people but they can not believe that Bitcoin can be earned without investing. However, people know about Bitcoin slowly and everyone is earning through it. But if Bitcoin gets its acceptance in many countries, then many people will earn through it and believe me to believe.

this is probably because those who fight bitcoin are jealous of bitcoin because of their very high price hikes and it could be because those who play bitcoin do not know its strategy and lose.

At first I am against bitcoin actually, in my mind I think bitcoin was not stable and kind of complicated. There was a time that my friend tries to withdraw his money but he can't withdraw it immediately because of some complications. That time I think bitcoin is really hard to handle and I'm also a bit scared that maybe I can't earn even 1 BTC but I tried anyways

As this is an online coin. Still, many people in the world do not believe it. If there is no strong ground, then they can't believe it.

Most of us believe that who oppose Bitcoin have no knowledge of cryptocurrency. Actually that is wrong according to me. Those who oppose Bitcoin have much knowledge and know that Bitcoin would washout their old tradition of using currency, plastic cards and centralized drive.

Those who oppose Bitcoin is creating a negative thought to their customers and making them fool to retain them in their business. This way they can eat the profit of each customers profit and throw away a small portion to the one who actually deserves to get a lot (customer).

Today they may make their customers or some people believe that Bitcoin is worthless or risky. But there would be a time (Not so far) where all the people would say that, what they were intended for a decade in paper currency, plastic cards and centralized drive is worthless and useless.