Topic: Why are they afraid of bitcoin? - page 15. (Read 2669 times)
the possibility really exists, both with the use of crypto currency, and without it, because bitcoin is just an instrument, and in many respects much more open than classical means of payment, the coordinator of the "blue buckets", who is actively interested in lately, questions the crypto currency Piotr Shkumatov:
Bitcoins excite the minds of the society since their cost exceeded the psychological mark of $ 1,000 per unit and began to grow steadily further. Since at the same time in technology most people do not understand much, the topic has acquired various rumors and speculations, for example, that with the help of crypto currency it is easy to evade taxes.
Bitcoin worries the tax authorities. In total, at the moment there are about 16.5 million bitcoins with a capitalization approaching 79 billion dollars. This is not so much, considering that the capitalization of the world stock market is almost a thousand times larger. But the growth of the value of the crypto currency can not but disturb state structures.
Because they think bitcoin might be a scam.
The reason why people are afraid of bitcoin is because of its price, the unpredictable bitcoin price now makes people running because prices are sometimes down and up. Even so, but I believe many people are still investing in bitcoin because they believe the price will surge later. If so, I will invest in bitcoin.
I think Bitcoin is still relatively safe currency, because no one can know the identity of the owner of Bitcoin. But as you know, some well-known exchanges are already asking for verification. It's good or it's still hard to say . It is because of verification that many stages are afraid of bitcoins
At first if they will hear about bitcoin, is this scam? Well, people afraid of bitcoin because they don't have the knowledge about it. People now are very close minded of so many negative news they heared.
simple brother. because bitcoin was desentralized , when goverment, corporate even bank central can't control of bitcoin. this is why they afraid about bitcoin. yeah in the future we will use blockhain on our payment.
so dont worry if they afraid of bitcoin.
so dont worry if they afraid of bitcoin.
They are afraid of bitcoin because they do not hear the correct information about bitcoin and only hear the negative, all there is a risk but they dare not take the risk.
People who have not enough knowledge about bitcoin tends to be afraid of it, because we all know that the news wants to show people that cryptocurrencies is not a good investment or it is just a scam, everything they need to say so that people don't try to use bitcoin. And most of them are afraid of new things, you're right, they are not willing to take this kind of risk which is really indeed life changing.
Banks are likely "afraid" of bitcoin and blockchain. Many governments, and banks, are embracing blockchain technology in order to make small advances in improving operational efficiency. Some governments are even planning to launch their own cryptocurrency, to make electronic transactions easier. if that currency is not decentralised (meaning government doesn’t have total control over it technically and legally) and is not mathematically limited in supply, then it will just be a mere technological improvement over fiat. Governments will still be able to make more of it, and it will still be backed by debt — i.e. it will have the same inflation and default risks as fiat.
bitcoin does not need to be feared, I who think dumb just never feel afraid of bitcoin. I just need to live my life with bitcoin without thinking about what people say about bitcoin.
Those who are afraid with Bitcoin are those who didn't know what Bitcoin is. It always pays to read information about what is Bitcoin. Gathering information really important to newbie like me.
I think they are afraid of bitcoin because they see bitcoin prices that have dropped so they are afraid to invest in bitcoin because they are afraid of getting a loss
Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........
They are afraid because Bitcoin claims that "This is the first decentralized peer-to-peer payment network supported by its users without central authority or intermediaries." The lack of central authority is the main reason why governments are afraid of cryptoes. To understand this fear, it is important to know a little about government and conventional currencies . In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........
bitcoin does not need to be feared, I who think dumb just never feel afraid of bitcoin. I just need to live my life with bitcoin without thinking about what people say about bitcoin.
Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........
It is maybe because they didnt really understand what is bitcoin and what is the use of it.Or maybe they are scared and they think it was just a scam.They must be guided properly and they must be teach about bitcoins. In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........
They are afraid of bitcoin because they do not hear the correct information about bitcoin and only hear the negative, all there is a risk but they dare not take the risk.
Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........
maybe people are afraid of bitcoin because they think they can not get paid and maybe they're afraid they might just be the scam most people in mind. In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........
This is true due to:
1. Lack of education/information.
2. Misconceptions or false facts about the purpose of Bitcoin.
3. Influence of media on the overall image of Bitcoin or crypto currencies as a whole.
4. Past negative experience/s on investment schemes leading to paranoia and eventually, skepticism.
5. Closed mindedness due to inclination to traditional practices.
1. Lack of education/information.
2. Misconceptions or false facts about the purpose of Bitcoin.
3. Influence of media on the overall image of Bitcoin or crypto currencies as a whole.
4. Past negative experience/s on investment schemes leading to paranoia and eventually, skepticism.
5. Closed mindedness due to inclination to traditional practices.
They are afraid of bitcoin because negativity comes first into their mind, and close minded are can be the reasons not to take a risk and afraid to put their money at stake.
besides negative news, I think they see the price reaches $19k and then the price suddenly drops to $8k and it stay at that level of price for a long time but now, the price is starting to increase again. and if they can analyze about bitcoin, they can see that the price always changes in every time and the price will be back to the high price after it's dropped. besides that, they don't have to believe for any news that is not true and it is better for them to make their own analyze so they could know what will happen with the bitcoin.
They are afraid of bitcoin because negativity comes first into their mind, and close minded are can be the reasons not to take a risk and afraid to put their money at stake.
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