In another way, if I were an outsider, I might have the following thoughts to doubt and slander Bitcoin.
- Bitcoin is founded by a man full of mystery-Satoshi Nakamoto, this kind of non-publicity does not have a sufficient basis for trust. More people believe in fiat currencies backed by trust.
- QuoteProfessor Robert Shearer believes that people are "temporary enthusiasm for Bitcoin." However, he does not doubt that investors will reap profits in the process.Nobel laureate in economics Robert Shiller-------The guidance of credible figures and public opinion will make more people not believe in Bitcoin.
- Bitcoin has become a trading method for some illegal criminal activities, and it is more concealed. Of course, the same is true for legal currency. But the black market and the dark web both like it and represent a kind of evil.
- There are still a few people who hold Bitcoin. In the early days of Bitcoin, only tech geeks or cypherpunks were active. It is difficult for ordinary people to understand the operation principle of Bitcoin for obscure technologies. For people who slander Bitcoin, not being good at it is tantamount to being false.
- The huge volatility of Bitcoin prices makes people feel that someone is manipulating the market, but Musk actually played a very bad role.
- Some sovereign countries are very unfriendly to the policies of Bitcoin and encrypted digital currencies, and enacting some laws restricting development will make people stop trusting Bitcoin.
If there are others, let me add them. This is my own personal understanding.