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Topic: Why are they afraid of bitcoin? - page 28. (Read 2689 times)

member
Activity: 476
Merit: 12
December 27, 2017, 10:10:56 AM
#57
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 ..........


Because probably theres some assholes making bad publicity about Bitcoin. In my country (Philippines), theres a rumor that Bitcoin is run by the syndicate and believe me people really buy that hoax. I think people scared because they are misinformed. They didnt really knew the whole thing or maybe theyre really dont have time to dig more infos or research about it thats why theyd just believed what other people says about it which I think is wrong. For me, in order for someone to understand this whole crypto world, I think its just safe to say that they need to read some reliable articles and try it themselves. Smiley
full member
Activity: 798
Merit: 121
December 21, 2017, 06:45:16 PM
#56
I think no need afraid to bitcoin, because bitcoin can help people to get more profit.
They can get more income from bitcoin, so I'm not sure why they must afraid about bitcoin?
[/quote
Dont be affraid in joining bitcoin . Bitcoin helps us in our financial problem. They makes to become successful and secure in future
 Theres no one thing that can be affraid in bitcoin. Maybe they affraid sometimes rumors in bitcoin. Dont be affraid because bitcoin is real.
full member
Activity: 560
Merit: 102
December 21, 2017, 06:38:22 PM
#55
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 ..........

For me, educating people about bitcoin is important because people can learn from its investments. Most old fashion people don't embracre this innovation because of lack of interest of new technologies that offers blockchain technolgy system. In the future people will be known to its benefit and humanity will embrace it like this internet today.
I agree with you. blockchain and bitcoin technology is one of the most useful technological developments in the field of economics. however, a lot of negative news that makes people afraid to use bitcoin. so that the public has to be educated.
member
Activity: 299
Merit: 11
December 21, 2017, 10:17:27 AM
#54
Because they think that bitcoin might fall at some time in the future. Also, because of the scams that have been circulating around using the name of bitcoin to scam people into investing in their schemes. 
hero member
Activity: 924
Merit: 512
December 21, 2017, 10:04:30 AM
#53
When one has been given the freedom in the economy, automatically the growth gets progressive around the country. In specific more the tax levied upon the citizens, more will be the corruption taking place. In majority of the countries corruption keeps the economy down, so similar issues can be sought with ease.

Things change with time and so is the currency. Remember the time we have taxi only and now Uber has given an altogether new ways of booking the taxi services without calling or leaving the home. Same is bitcoin doing with the fiat and giving people all together new ways of  payment. As always many people fear the change and these are those people who do not want the change and making people afraid of bitcoins.

Again you asks the bitcoins afraid with your answer bro. Still you missed to answer the reason for why people fear about it. As I know that bitcoin is being spreaded by the people as using on drugs or illegal usages means the reason for people panic on if.
Keep investing on bitcoin will let any one down with their investment they done with that.
member
Activity: 101
Merit: 10
December 21, 2017, 09:59:13 AM
#52
the only thing that scares the bitcoin is its mounted as "aggréssif"
hero member
Activity: 798
Merit: 500
December 21, 2017, 09:57:47 AM
#51
When one has been given the freedom in the economy, automatically the growth gets progressive around the country. In specific more the tax levied upon the citizens, more will be the corruption taking place. In majority of the countries corruption keeps the economy down, so similar issues can be sought with ease.

Things change with time and so is the currency. Remember the time we have taxi only and now Uber has given an altogether new ways of booking the taxi services without calling or leaving the home. Same is bitcoin doing with the fiat and giving people all together new ways of  payment. As always many people fear the change and these are those people who do not want the change and making people afraid of bitcoins.
sr. member
Activity: 868
Merit: 257
December 19, 2017, 10:34:00 AM
#50
Why are u think that they afraid?
Maybe they all have mining farms in their gardens...
The reason why thet afraid in bitcoin is the price that may become bubbles. They are afraid that the price of bitcoin will dropped $0 and if it is happen it will have negative effect in bitcoin industry and community. Lastly, I hope the price of bitcoin will not dropped to $0.
newbie
Activity: 140
Merit: 0
December 19, 2017, 10:04:18 AM
#49
Bcos they heard bitcoin is illegal for business after we do btc now we know from btc we can earn a big money fr btc
member
Activity: 196
Merit: 10
" As long as you love me"
December 19, 2017, 09:39:19 AM
#48
Some people may afraid of bitcoin but not all. I think the main reason is they think bitcoin is a scam, specially if they invest money unto it. But, if you really know and dig more about bitcoin, bitcoin may change your life and leads you to a better future.
newbie
Activity: 72
Merit: 0
December 19, 2017, 06:01:51 AM
#47
You would be afraid to but Bitcoin if you're looking at current prices. Only those who bought earlier on are smiling right now.
member
Activity: 266
Merit: 10
December 19, 2017, 06:00:53 AM
#46
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 too early to give Noble for invention of Bitcoin. First of all we don’t know who must to get the prize and the second the global experiment in finance is on the way. We’ll see what will happen later.
sr. member
Activity: 1876
Merit: 261
20BET - Premium Casino & Sportsbook
December 18, 2017, 09:49:25 AM
#45
Why are they afraid of bitcoin, because bitcoin does not regulate the value of its currency so they are not convinced that bitcoin will last for years, and I think with bitcoin at the moment, this is profoundly changing with all economic systems. People who jump into the bitcoin world, then bitcoin will improve their economics that use bitcoin
hero member
Activity: 882
Merit: 500
December 18, 2017, 06:52:23 AM
#44
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 ..........

In actual Saying about a thing and staying with that thing , both of them are different things because main reason behind this factor is that we face the actual reality of problem .
Here no matrers that who made study in particular field which belongs much to the economy of money or economical growth of region , but in Actual when he will go through this thing , that is bitcoin , then he will feel that everything is secret and anynomuous and nothing to hide and nothing to show Because main reason behind this factor is that we face skeptical condition of prediction/non-prediction that we will get profit or not .
And also here another factor that is the reserve bank gives us the gaurranty of value of currency that are running in country but in case of no authority is open who can give gaurranty of value of bitcoin , so I think these such types of factors are reason to get dear with such things .
hero member
Activity: 938
Merit: 501
December 17, 2017, 05:00:45 PM
#43
That is called the revolution of the new communication, everything needs to change, we are already on 2017,
 almost 2018.

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 ..........

We really need to change, we need to see digital money (cryptos) Everything needs to evolutionate.

Everything is changing right now, only that money is being the same, the banks and governments really need to accept that bitcoin might work as a new way to send and receive money.

But why they are not doing this? only because it is not profitable for them.

But for the good of the humanity, it really needs to get deeper.
full member
Activity: 672
Merit: 127
December 17, 2017, 05:00:08 PM
#42
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 ..........

For me, educating people about bitcoin is important because people can learn from its investments. Most old fashion people don't embracre this innovation because of lack of interest of new technologies that offers blockchain technolgy system. In the future people will be known to its benefit and humanity will embrace it like this internet today.
member
Activity: 108
Merit: 10
December 17, 2017, 04:44:36 PM
#41
They afraid bitcoin because of ignorance. 150 years ago, people afraided of railway and train, 100 years ago, people afraided of alternating current. There are people in all ages afraid of new things.

I agree with you althought I think there's more than ignorance at play. My thoughts are that greed is also involved when we speak about banks and state, as in how can they profit from something that cannot be taxed properly.
hero member
Activity: 686
Merit: 521
December 17, 2017, 04:36:27 PM
#40
They are afraid of bitcoin because their centralized system in place is been dumped for a decentralized currency like bitcoin, and losing support to bitcoin would make it difficult to find new customers as bitcoin has support coming from all corners of the world.
Old people don't know anything
I thought old people are the financially stable beings who are actually turning out to be the angel investors
newbie
Activity: 4
Merit: 0
December 17, 2017, 03:18:48 PM
#39
Old people don't know anything
sr. member
Activity: 833
Merit: 267
December 17, 2017, 02:37:30 PM
#38
It's pretty normal for average person to be afraid of investing in bitcoin, unlike stock which is backed by real company, or gold, bitcoin is only a speculative asset backed by nothing but people expectation. Just a little sentiment or news will be pretty much swing the price.

We should too! Just take some profit in a while, do no put all your asset into speculation without enjoying it Grin

Well I believe it was never a smart thing to invest all your asset and dump in one place rather invest wisely into different domain and there are some people.who has just invested into bitcoin when the value was less and got a huge return but now looking at the price it will not be a smart idea to invest like crazy rather we can go for altcoins as they are growing
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