Bitcoin Forum

You can tell me anything what's bitcoin worst enemy is...

Mine is, government!

I think the worst enemy is the bankers, crypto will be the end of banking, as there will be no need for them, thank God for that, The bankers are the biggest criminals in the world.

I think if there are bitcoin's enemy, it will be the users. We all know that the user's are the most important when it comes to it's value, but even so, the users are the most reason why there are some problems in the blockchain. They  keep clogging it, there are a lot of users so there will be always a massive number of transactions. Good thing bitcoin is still being developed.

Worst enemy? I would say it that bitcoin itself would be its worst enemy.If no developments will happen into it for sure people would really switch into other crpytos. Thinking off that on saying government is the worst enemy.,i don't think so since they cant do anything on bitcoin since its decentralized.Isolating it would really be a senseless thing to do.

Bitcoins worst nightmare would be a crashdown of internet and power.

Bitcoin enemies are not altcoins , altcoins cannot fight or substitute bitcoin because they are not widely accepted like bitcoin. Real enemies of bitcoin are the governments who want to have control over everything, banks which want to bash bitcoin whenever they will get an opportunity, bad media those who always talk against bitcoin. These are the known enemies, the enemies which operate in the shadow are big spy agencies like CIA, NSA ,FBI and KGB to name a few.

I believe that enemy could be ETH, which will provide more capabilites for exchage, mining and ICOs

I agree with your opinion,  bankers are the main enemy of bitcoin.
cryptocurrencies do threaten some bank services, however, i think banks will take action to play a role in cryptocurrencies

no i do not think that banks are the worst enemies to bitcoin, i think that banks are bound to government and they cannot take any step without government permission. i am sure that when government will turn bitcoin as legal currency banks will also start accepting bitcoin and hope that then they will make their wallet system where one will safely deposit their money.

Nah. The banks plan on co-opting bitcoin and setting up Lightning Hubs to operate the Lightning network on top of Bitcoin. That's why big financial firms like AXA poured money into Blockstream. Basically everything will end up going through a bank middleman, and they will take a cut, just like before.

The worst enemies are bankers because bitcoin is challenging the fiat currencies, and well with this price rising it shows that they can maintain themselves.
The other enemy are politics and laws, because there can be laws to help bitcoin establish, but there can be other laws that  can ban on not let it get established.

Government and Central banks.

Many countries might have legalized Bitcoin. But I can assure you that no country will want a Bitcoin dominated monetary system. Bitcoin is still very new and has user base of some millions. That is why no stringent step have been taken by any country. Banks are already developing their cryptos and some banks are suggesting common public to stay away from cryptos. All over, banks are very well aware of Bitcoin's threat to their system. But Bitcoin still isn't big a phenomenon right now. In future we might see their open hatred.

Definitely governments and global banks. They're used to control the money. With bitcoin, they loose this possibility.

I don't think Bitcoin has got an enemy, in my opinion it has got lots of competitors. Recently one of the major competitor came to the ground which is the bitcoin cash. Other than this I think the FUD spreading personalities to be the enemy for the bitcoin network.

In my opinion bitcoin's biggest potential enemy is the establishment.   Sooner or later states, governments and big business will want in on the benefits of bitcoins, this is where i perceive problems arising.  Crypto's is accessible for people at the moment, in a way in which big business wouldn't like if given the opportunity to take a hold on the crypto world.  Taxation, regulation, monitoring etc are the potential issues.   

I agree that government is an enemy of Bitcoin. Many (government) have tried to make Bitcoin illegal, and succeeded in some cases in their jurisdiction. They suppress Bitcoins potential that's why it took a while before Bitcoin exploded in a worldwide scale.

Miners are neutral that can be treated as a friend and an enemy as well. Miners mine for only one reason, to gain profit. So if they see that mining bitcoin is not profitable anymore then they can easily jump to another boat. Thus, harming Bitcoin.

Another enemy of Bitcoin is Bitcoin (it is not an altcoin :P). Bitcoin can also be a threat to itself. Slow confirmation of tx, high tx fees, very volatile, etc that other people might hate about it. This is a considered threat/enemy.

direct enemy now = BlockStream + Barry Silbert aka BSCartel

indirect and future long term enemy = hyperledger

I don't think that altcoins are the no.1 enemy of Bitcoin. There are far more powerful enemies, such as the banking cartels and the wall street giants. Payment solutions such as Visa and PayPal are also not very excited about Bitcoin. And remittance transfer services such as Moneygram and Western Union are afraid that their business will be eaten away by the popularity of the crypto-currency.

Yes you are right that banks are one of the enemy of bitcoin besides other governments regulators but I suppose that banks will start accepting/dealing in bitcoins. There is no other way left for the bankers to adopt dealing bitcoin because it is the biggest threat to banks.

In time I think bitcoins enemy would be the bank because more people will place their money in an online or offline wallet and would keep or if not hold their bitcoins for a long time and for sure lesser people will place their money in banks specially if everyone would know the benefits and advantages of bitcoin.

That's right, Bitcoin's enemies are the government and the bank. Since Bitcoin was born, it was not levied by the government and the government lost control of it, and they always sought to make Bitcoin disappear. In addition, investors are no longer depositing money in banks but turning to investment in BTC and profits are many times higher. Therefore, they always want to find ways to clear Bitcoin

Maybe some banks that support bitcoin will someday sell their bitcoin in bulk, I'm sure one day the bitcoin price will run out

If that future is truth in someday, I do not think Bitcoin can keep function decentralization of it. You also know decentralization is one of interesting point of Bitcoin and cryptocurrency. If in someday, this function disappear, I believe number of Bitcoin users will decrease many much.

I think government, bankers and some billionaire who manipulate market with hypes and fuds.

Most of the government still limits number of bitcoin anyone can buy legally, collect taxes on crypto related earning and in many countries government is still in delima on legality of bitcoin.

Bankers always hate bitcoin because it can decrease people's trust over banks.

Billionaire or millionaire traders spend thousands of dollar to just spread fud and create panic on market to buy cheap coins.

Hmm.... To the look,  bitcoin and BANKS are having a big issue with each other, but I think as time goes on they will understand themselves, and if they understand themselves, PAYING OF TAXES will come in when that hahappensthe GOVERNMENT are into bitcoin. Therefore, the worst treat to bitcoin is the GOVERNMENT and the rest follows.

The government has to be on the top of the list because they influence the future of bitcoin and other cryptocurrencies by deciding their legal presence, then banks are partly enemies and good driver's of crypto coins has they aid easy access to fiat through debit/prepaid cards while some banks see bitcoins as a competitor that needs to be put out before banks are extinct

i do not think that there is such a big issue, currently banks are not accepting bitcoin, that is true, but i am sure that when bitcoin will become a legal currency then they will certainly start accepting it, because they will get good fee from it. and it is now becoming the most important currency of the world and the young generation trend is totally toward bitcoin, and we are expecting that this trend will continue for a long long time.

I think it is the current finance system.  We all know that bitcoin is implementing decentralized blockchain technology that is opposed to the current system centralized authority.  Aside from that Bitcoin is created to at least oppose the current banking system and offers us freedom over our money.  With this finance system which is under the government will be expected to counter what Bitcoin is offering or at most regulate bitcoin and implement rules on it forcefully.

I think there is no one who is the enemy of bitcoin. Many people are say Government is the biggest enemy of bitcoin but then enemy is the one who can give damage to that thing and  government can give no damage to bitcoins. All they can do is to not legalize and it will not stop people from using it.

Honestly, when I read the topic I instantly agreed with the OP and thought that the government really is the biggest enemy. But then upon reading through the thread I concluded that your answer that crash down of electricity is the most reasonable answer. You ate right on this one. How can we even mine and trade btc if we don't have those two key factors? Everything online, btc and alts, will be useless if this will be the case.

There can be numerous enemies depending on how you look at it, The banks could be in unsafe standing if bitcoin takeover, the users can be the currencies own enemy if they keep inflating and deflation by dumping huge sums. The splits could case problems as well. The government could also be a foe if it tries to centralize or regulate it defeating the main purpose of the currency

I think the true enemy of bitcoin are the people that uses bitcoin to scam investors.

Just itself. Its popularity makes it one of the most highly priced Commodities on the planet that makes it difficult to work its way into normal Commerce. You have to go down so many decimal points that it gets confusing for most people and prices rising so quickly that by the time you leave the house your Bitcoin going to be worth $10 more for you get to the store.

Private banks, global banks, corporate banks, governments, capital owners, global share holders are the greates enemies of bitcoin and its ecosystem. They never want to see a free model such as bitcoin on the earth. They can accept bitcoin's free structure spreaded around the globe.

Well government is never an enemy to Bitcoin. It is just a protective body and always take precautionary steps for well-being of folks.
In my views biggest enemy to Bitcoins are those forces which are trying to be giant (popularly called whales) and making themselves central in Bitcoin ecosystem. Such people can be miners, exchanges or even individuals.
They are creating direct impact of centralisation and diluting the vision of Bitcoin as decentralized.
Increased Bitcoin fees, next time think of miners autonomy first before blaming mempool congestion....  :-\

It is the government. Absolutely! Nobody cared about bitcoin and crypto-currencies, in general, for years (!), till the moment when the price become really high. And now all of them (governments) started to move with their regulation and legalization. Just imagine how much extra money they will have in the case of the official regulation of digital currencies! I would prefer bitcoin stay the same wild and not regulated as today, this is much better for my taste.

In my view scams within Bitcoin and alt coins are one of the biggest enemies. ICOs that are vaporware are a huge enemy. Pump and dump alt coins are a huge enemy. When new users get slaughtered it hurts the overall. In the absence of scams Bitcoin could grow faster be implemented more widely and everyone could make more money

i think bitcoin does not have enemies but bitcoin has a competitor that is altcoin that may be sloppy but it does not matter because the price is still far below bitcoin and i think the enemy is the bitcoin user of their enemy is a hacker stealing their bitcoin and goverment regulatolions thet prohibit bitcoin

Off the top of my head, I can think of two distinct potential enemies of Bitcoin.

The first is the government. This could be a huge enemy in that they have, essentially, the power to stop Bitcoin if they wanted to. All they need to do is close down the exchanges, which is where most people trade and it would cripple the entire cryptocurrency industry. This is just one example in a long list of what they could potentially do to interfere with the growth of crypto.

The second enemy could be quantum computing. See, true quantum computing would be able to crack even the most complex cryptography. That is the nature of crypto to begin with. This is why they are able to teleport photons now. Two identical things existing in two different places at the same time. And this technology could be used to crack the passwords or private keys of Bitcoin users... needless to say we would be screwed if that ever happens.

I agree to the part where you say users only, I may or may not agree with the rest of your statement. I would instead like to have my own statement which is absolutely different from yours. I agree that it's the people who use bitcoins are the enemies or threat to bitcoin but not all of them just a few of them in fact who use it for illegal activities and for crimes and because of that governments think of regulating and legalizing it by bringing laws which can limit or completely ban the use of bitcoin. There may not be any country which may have banned bitcoin but people using it for crimes or any other illegal activity will definitely be the cause of it being banned by government and hence such people are the biggest enemy of bitcoin.

This is a interesting topic from what I read here everybody is right I would say. Governments will want to tax bitcoin revenues if it continues to get more and more popular, banks and countries will probably end up dreading their own block chain currencies and the people who want control of bitcoin. Of course we are all human and we want to better ourselves and this can lead to greed. It has happened already in Fiat currencies and commodities

HALF OF THE WORLDS WEALTH IS CONTROLED BY 1% OF THE POPULATION

Bitcoin is not immune

Bitcoin's enemy is education of users. Most people, especially beginners struggle A LOT with learning how to buy and use Bitcoin. Teaching them how to do so is a major uphill battle. I am afraid if anything leads to the downfall of Bitcoin it would be this.

why people always thinking like that? banks just help people manage their maney

Bitcoin's biggest enemy is its own divided community, moving very slowly towards a scalable solution - meanwhile other coins have big dev teams working hard... Something needs to be done, quickly

Everyone here on forum after earning bitcoins converts it into cash by depositing in banks , so banks are actually getting profit from BItcoins, so why would they be enemy to bitcoins .
In my opinions the biggest enemies of bitcoins are the users which misuse the advantage of not disclosing identities , to fund illegal activities.
The government would also become an enemy if they fear that their national currency would die and deny the acceptance of BTC in their country.

I don't fully agree that it is the users which should be considered as the enemy of Bitcoin. The reason why there is a clogging is because there are many users...and that is a happy problem actually. The sad problem is if no one will be using Bitcoin anymore as that mean the death of that coin. The more activities there are the better for the coin that is why we need to scale up the capacity of Bitcoin so that it can serve more and more transactions.

Bitcoin's biggest enemies are
1. Goverment ( Some goverments that are banning bitcoin)
2. Banks. It would be the end of banks if bitcoin is on the top of all of them due to anonimity and open to public also easy to use.
3. Community,  why? Bitcoin's price would always depend on the community (including us).

Yes you're right if the government opposes bitcoins we find it hard to get it here.

Just like today. in the chinise goverment as they baned the ICOs. we immediately saw the collapse of almost altcoins and specially the bitcoins. I think that the government can act as a protagonist does not look like we can not develop bitcoins

First of all, seeing the subject "If bitcoin has enemy (except altcoin) what is it?", how can you say that altcoin is an enemy of bitcoin. Altcoin give good trading opportunity to bitcoin users and it also helps to create competition which is always encourging.

As the Chinese like to say, threat is the perfect mirror of opportunity. All these so-called enemies have also been - at times - the biggest boost for Bitcoin. More governments are friendly towards it than against. More banks are lining up now to get on board the latest blockchain tech. And the community? Who else is driving up prices if not the buyers (and the sellers!)? We get it, we trade for it, we spend it, we now need it more than ever before. Given the choice between earning fiat and Bitcoin, I'd take the latter any time, even though it gives me an immediate 10% loss (for fees and spreads). That's my belief in it and I know I'm not alone.

The ultimate enemy? Ignorance.

Think about all the resistance of Bitcoin stems from. They claim Bitcoin is unreliable, hackable, a pyramid scheme, not worth anything, illegal or for drug dealers. The only way Bitcoin fails is if ignorance prevails.

The truth is that since China considers illegal ICO, Bitcoin prices unexpectedly dropped

I agree with you :) the biggest enemy of bitcoins and also altcoins is the loss of Internet connection because Internet is the main medium of bitcoin. Bitcoins are used for online transactions, you also save your btc in digital wallets that needs internet to access, mining sites and all sitea where you can earn btc also run with the use of Internet. So if ever one day Internet will vanish (I think that's impossible because we are in Information Age) , the Bitcoins will gone also.

yeah the number one worst enemy of our so called bitcoin are the governments. recently chinese goverment banned ICO from their country. i dont see any ideal reasons why they chooce to ban this. but i think they want to prove that they are one of the big independent country who not want to use cryptosystem, because of the reason they told that some of ICO are scam but not at all. correct me if im wrong. but this is my side.

The idiots who are keep trying to fork it . At some point the external world that we all spent time telling them how cool is BTC will stop taking BTC serious . And no one will blame them , Who will want to own a currency that keep splitting every few months .

For me the 3 is the worst enemy of bitcoin, Government bans bitcoin because it is somehow use in the black market in which the government want to know who are involved in this transactions. Plus bitcoin can be potentially used in terrorism and government of every states dont want that to happen

I don't believe forks have that kind of influence anyway,

Everyone can fork a chain, it's very easy.
If not taken care of properly these forks have no value anyway, they are not taken serious.

If we go by your theory we could fork btc 10 times and kill it?  ;D

im agree with you, it is a government because if government block and banned all site about bitcoin and currencies it will affect bitcoin price from all world, but i think the biggest enemy from bitcoin is a scammers, its like investment scam site or scam with another motif. imagine that if your bitcoin that you collect got a scam >:( >:(

I said trying not successful doing it :) . But the FUD we have every time a fork happen will have bad image for outside people who are hearing about it . Don't you agree with me that even from the people that know BTC well there are some that got panic and sold there BTC before the fork ! .

Altcoins arent a problem to bitcoin, even if some of them will replace bitcoin into the future, the current big problems for crypto are two, countries against crypto, and banks frozening accounts and closing exchanges accounts, once we conquer this two crypto can finaly grow.

Banks, offices and attempts to block cryptocurrency. Bitcoin can not be controlled, it is uncomfortable.

Bankers are the real threat, bitcoin in itself is not a threat to any government, the threat of bitcoin is against banks and their interests, so it makes sense they are the ones that are going to make the greatest efforts to stop bitcoin, they have tried to stop bitcoin adoption by canceling the accounts of some exchanges but it seems they are going to use their greatest puppets, the media and governments.

Think of the worst thing as possible. The greatest enemy of bitcoin for me (except for alternative coins) is FUDS and Dramas. If you can notice, dramas hinders the growth of bitcoin. The fork, china banning ICO'S hinders bitcoins growth. Also FUDS "that bitcoin will no longer exists in the future." And people believes in that and it'll make them sell their bitcoins.

I consider altcoin only as a competitor, hacker acts as an antagonist/protagonist, and the drama you mean also has a great effect on bitcoin fluctuations. But one obvious enemy is the government that explicitly prohibits the use of bitcoins. Same thing they declared war on bitcoin.

For me to be fair it is the fiat money which is controlled by the government. Since this battle of assets is not that new but I don't think we call it enemies maybe competitors or rivals and they are in different technology too. The only difference of the two assets is that fiat money is centralized and Bitcoin as decentralized. Governments has control over centralized assets thats why they see a potential  threat from these decentralized cryptocurrencies to it's local fiat currency.  And they can also see in an angle that cryptocurrencies can be used to fund terrorists, launder money, evade tax, transact drugs  and any illegal related activities. So therefore, I think  they have to regulate exchanges to monitor our every transactions or they can even reject cryptocurrencies in a specific country.

The only enemy that i see except altcoin is the government. We all know that government is one of the most top hater of bitcoin because they are afraid of decentralization because they will not be able to control their people in terms of money and its usage so they are trying to do things that can minimize the risk of decentralization like regulation and so on.

From what I can tell on other message boards and reddit? BCC.... For some reason in many of the forums/reddit/discussion areas that discuss BCC, theres a lot of hatred for Bitcoin. Im still new and trying to understand, but there's apparently some bad blood there.

If Bitcoin has enemy except altcoins I think it is the government. They are very vocal that they donnot support Bitcoin and they told the people to avoid investing on it. One of the best example is the givernment of China banning the ICO. They are against Bitcoin because they have no control over it and they cannot get taxes from it.

Let's put aside government. It's obviously the bankers, isn't it?

the biggest threats to Bitcoin are
1.Community (they do control the price of Bitcoin on the market)
2.Banks they may put Bitcoin onto an end to a specific country/place
3.Goverment- well same as number 2 they may end/ban Bitcoin to users in thier area. (Wich may result of low users = low demand = low value

The 1st thing that comes on my mind is also the GOVERNMENT since they cannot manipulate bitcoin in a way that they can control the currency that they have in every country. Bitcoin helps us a lot in different ways investments,trading etc. and actually it is not the government it is the the corrupt officials who runs the government.

If we would believe lates fake news, it would be China ( was told to have banned Bitcoin exchangers but they don't know anything about)
But in serious: Satoshis architecture of Bitcoin is so great and innovative, that governments can't take influence.
I would say the enemies of bitcoin are the fees and taxes.

First I would not include altcoins because they are the one making a good competition. And for me, the worst enemy of bitcoin are the scammers. Because of them the government is being alerted which is turning out to another big problems like what is happening today. Market is on a bearing position, and most users are on panic mode because of fear.

No, it is just a little break. Bitcoin is still bullish. Look back a few months where Bitcoin was on 900$. Panic would look different. BTC would pull back to 1000$ and less.

that is not true, i heard that there are several banks in different countries who are ready to adopt the system from bitcoin or receive bitcoin as an option, I do not see banks putting a threat on bitcoin, even I doubt some of the central bank officials know about bitcoin lol. for now it seems the only threat is from governments that are reluctant to legalize bitcoin

I think the bitcoin opponent is not from the bank, because the bank has no authority whatsoever to ban bitcoin, I think bitcoin poses a threat to the government of course because the decentralization and anonymous of bitcoin make the government afraid when all the people in their country use bitcoin, actually who want to stop bitcoin development is government #imo

I believe the biggest threat to bitcoin is the government and the manipulators. Bitcoins relationship to the government is very fragile and the government treat cryptos as assets of criminals. Cryptocurrency could crash anytime soon if shit happens, its not a safe haven for everyone. The one who owns a lot controls the most.

Bitcoins biggest enemy isn't the banks IMO. Its governments and corporations wanting to control the Internet. Bitcoin doesn't threat the elite as much as an open internet does. On the internet you can discuss and do anything you want, you can even make anonymous untracable transactions with the help of cryptocurrency. Making sure the internet is no longer as open as it is today by inflicting surveillance and censorship would probably spell the end of Blockchain technology. Maybe the tech will live on, but the whole purpose of Blockchain and Bitcoin is to give more freedom and power to the people, if that was to be controlled and centralized alot of people would give up on the tech and move on to something new

Yes, the recent developments in the cryptocurrency world coming from the powerful and sometimes rogue China has proven that you can be correct! It is the government...the government of China which is the number one and the most feared enemy of Bitcoin and the whole of cryptocurrency.

China is that bully buy blocking your way while going to school and as a bully boy he can hit you with his big punches that can send you to the emergency room right away. What a bully!

But many politicians are easily bought and then banks can use them to approve any law they want, this has happened in the past and it is obvious it is going to happen again, this is why bitcoin is needed on the first place, to take away some of the power from the banks but they are not going to go down without a fight so when bitcoin begins to be used by a lot more people I think we are going to see an escalation of the war against bitcoin.

I will not underestimate the power of bitcoins and yes it is a bull in its strength. But the problem is not many people will consider it a break. We cannot deny the fact that people have started doubting their investments. Definitely, if the markets keep on changing this way, panic selling will take place.

Bitcoin having a lot of enemies in which one of them is Dr Morgan.

I think it is the bank or banking. It is like bitcoin but bitcoin has more advantages. Bitcoin can overlap banking and it can change the system of banking if it continued to prosper as years pass by. So I think banking is the enemy of bitcoin.

I say it is the governments too.

In some ways the gov and banking system are the enemy... but on the flip side I think both the government and banking sees the potential uses that cryptocurrency brings. Huge savings, secure, transparent.. unlike paper fiat that is so old school.. fiat/cash is like using a audio tapes and newspapers.

Bitcoins got many enemy like fbi,nsa,and other government agencies and the world bank or international banks. Because government want to control the currency. They just want to control the allocations of bitcoin in the market . Its just my opnion .

Bitcoin's first enemies are govs and banks.

I'm not sure, but it seems ETH will be a good enemy for Bitcoin, i don't know what else can be compare with Bitcoin besides eth.

there are a lot of enemies of bitcoin, the majority of them self made. besides the security issues, the lack of consensus, and the general user unfriendliness, there are two core issues that we rarely address here:

lack of user identification (psuedo anon nature) and lack of user dispute mechanisms (its ireversible). the reason the gov will most likely not accept bitcoin in its present state are these two characteristics, above all. for all practical purposes, you dont want a digital payment mechanism without identified users. even if it is made with the best intentions, every asshole in the world will use said system for evil shit, because it is anon, and it works. also, because merchants lie sometimes, just like customers, you want to be able to reverse some transactions, aka the chargeback. these features are required in sound money because people use money, and people are shits. until we address these (which go against the core tenants a bit):

bitcoin is not sound money ;)

At this point, all coins are working together. There is no "enemy" to Bitcoin. Although you could say Ethereum is competition, as it is taking market share away from BTC on a daily basis.

I don't ETH is really an enemy for bitcoin, because it's just a crypto, I think the real enemy for bitcoin is peoples who buy there bitcoin and peoples who don't believe in bitcoin.

So, There is nothing can control bitcoin only peoples can control it, so the enemy is some of peoples as i think.

It has many enemies and altcoins are not one of them since bitcoin is far more superior than them. The enemies are things that have influence on it such as the media, people with financial influence like JP Morgan and mostly the govermant but i think with time these obstacles will begin to fade since bitcoin is gaining popularity.

Government is my choice too since government is totally contradicted to the features of bitcoin itself. Alt coin is just a simple competitor of bitcoin but not enemy, like government, it also leads to banning the bitcoin in some country lead by those officials that can see the threat of bitcoin to its economy.

government and bankers are its worst enemy.

If i will say one enemy of bitcoin it will be the bankers and the bank because they own our money and since cryptocurrency is already decentralized, there will be no owners. We are all the same at equal level. No one is holding our money but ourselves.
Maybe the government too are bitcoin's biggest enemy. Government who wants to take control of everything even currency.

As we all can see now, bitcoin has a lot if enemies, first, those who keep on saying that bitcoin is a fraud, without even reading any articles regarding bitcoin, they are just there saying it is a fraud just becayse of hearsays and not because of factual basis. Second, the banks. Banks are scared of bitcoin, since bitcoin is decentralized and almost everyone could have it, and it is being given a high value in the market, thus making it more valued than gold, these banks are afraid for their existence, since bitcoin is a new currency, and for them, their fiat might get devalued or even worst,obsolete, that's why these banker bad mouth bitcoin now, before it is too late for them. The third one, i agree with most people here, for me it is the government itself, since bitcoin is decentralized, they cannot regulate it, so they cannot have profits, from what i see, if the politicians in your country are corrupt, more likely, they will go against bitcoin, since they cannot tax it, they cannot something to put in their pockets, so they bad mouth bitcoin, so people will be scared of investing in bitcoin and they can pocket in a lot of mkney, that's coming from your taxes. Lastly, the people in the stock market, the all knowing so-called gurus, most of them doesn't like the idea of having a decentralized currency, that is, if you ask them what are their investments, most of the people i encounter who doesn't like bitcoin, are those who invest in only in the stock market, however, those who invest in commodities, they do take bitcoin seriously, and treats it as an asset, for sure those people are used to volatility.

The worst enemy that can make Bitcoin slowly dead is the government and the scammer, the government hold a really important roles in crypto, as we can see the recent china incident, it damage the Bitcoin price so bad and caused the market instability,the second one is the scammer, Bitcoin has been the target of scammer for a very long time and the main reason government banning Bitcoin because the case of people being scammed are a lot

Base on my observation, a new in the cryptocurrency world, news has the biggest impact. How they spread it with the top sites being followed by our fellow traders. Second, are the infuencial people also affect the business. Most of them were interviewed also by this big news that really make the news spread. Hope people really wont go with the FUD and i thiink bitcoin will be successfull in the coming years

Yeah I agree on this.
When the government sees an opportunity to something that they think can be a source of a lot money they'll do anything just to make it their own or in their control, This is how they see bitcoin, they see it as a well of money.
And no one can stop them until it touches their pockets. And this is happening now in China, closing all exchanges and soon they'll  launch their own exchange. The one they can trully control.

The bitcoin worst enemy are the growing detractors of Bitcoin they are doing this because Bitcoin is threat to them like the Banks etc.

Like everybody worst enemy it is our self and bitcoin worst enemy is bitcoin, if there no development improvement and innovation in bitcoin it will stuck on it and users will switch to other crypto. I dont think that government are one of the worst enemy of bitcoin as the government duty is to make and impose the law for the better of a nation. Banks are not the enemy also as bank has establish their reputation long time ago.

 Bitcoin is a currency that has gained a lot of enemies. Companies that want to operate using the virtual currency struggle to create bank accounts, as a result. Especially, Banks and other financial institutions are seeing it a threat to their existence, because big transactions and fund transfer and investment are also possible via bitcoins right now.Banks and financial institution are thinking that their business is going to be scaled down. This type of phobia is meaningless.If banks & financial institutions become bitcoin exchanger and allow bitcoin as medium of transaction, their business will be scaled up.

Even I had my own enemies that are adjacent to my home and few of them are related to my business as they don't want me to grow rich. This happens everywhere in this world and we have to take steps follow on instead of giving answers to those people.

Bitcoin has grew up and no one can kill it as years has been over and running.

Well, the Internet is a big threat to those in power, that is why you see countries like Venezuela forcing censorship in facebook and similar websites, a government only cares about maintaining its own power and anything that threatens that is treated as something highly illegal, but Venezuelan people just want to get out of the difficult economic situation they are facing and that is impossible to resolve if the same people remain in power.

It would be the countries that bans Bitcoin (eg. Iceland, France, Bangladesh, Bolivia.) They're banning transfers between fiat and Bitcoin for their citizens. And even that is almost impossible to enforce.

It will definitely be hackers, do to the fact that they threat the security of funds of bitcoin, by their virus and their websites, while security is the key of people's trust in bitcoin.

Governments are the worst enemies of bitcoin, while in theory governments should strive to improve the country, the truth is that most governments only exists to serve themselves and they are trying to impose their rules not to benefit the population but to benefit themselves, this is why they do not like bitcoin, because bitcoin benefits the population but not them.

i imagine if government is accepting bitcoin and they can learn and they can integrate with blockchain technology into their technology, it would be great for people. governments can fix the economy to the better system while people can solve the poverty beside that with bitcoin, i think in the end, both government and people can be grow to the better system economy.

I see naivety as a problem of bitcoin.
Many people believe all the rumors and fake stories that occure over and over again without using their heads.
That brings them to make impulsive moves on the markets which sometimes trigger a domini effect.
And that is bad for all the bitcoin users.

I agree with you  that government is the worst enemy of bitcoin more than the alt coin. Due to the opposite vision of government in terms of economic status and money generating, so government really hate bitcoin because they cannot get anything in every transaction done with it

In my opinion  government is nit the enemy but the main enemy are only selected people who are using bitcoin for money laundering ,for ilegal activities , for earnings without paying tax , transfer of money without record to have , dark web to steal data deal payment .
So here you can understand well that why the government take action against the bitcoin and  taking action also against to those people.
And I think it is duty of the government to make the better combination to use bitcoin and another cryptocurrency for Better thing and honestly ways .
Well here everyone is intelligent and also knows that in which way we should use and also in these days every country is looking to make better rules and not going to ban bitcoin at any condition Because they can ban but can't stop people to use bitcoin .

Right now I think it is the government who are against Bitcoin. They are doing anything they could to make Bitcoin go down. They don't like it because they have no control over it and tey cannot get from it. Aside from them, the bashers of Bitcoin are also its enemy. They keep on telling that Bitcoin is a FUD or SCAM. They are just bitter because they can see a lot of people who are changing their lifestyle because of Bitcoin.

I cant say that the government are the main enemy for bitcoin. Though there's a group of government who support it in many ways. There will be no legalization in country without governments take place in it. In case of china, the governments are view bitcoin as a threat to economic crime. So I thought perhaps the altcoin is the main threat for bitcoin, not governments. And I also looking a bank as the bitcoin enemy because I've heard that they already declare a war againts cryptocurrency.

I truly believe that the government is the number one enemy of not just Bitcoin but all cryptocurrency. As we see on China they have banned ICO and right now the market have recovered. But what if all government follows China our coins will be considered on the black market.

Next enemy are scammers, they take advantage of people who are not yet familiar with Bitcoins.

 if you are just a new investor and you have invested with a scammer and lose all your money then you will believe Dimon that Bitcoin is a fraud and lose interest or hate Bitcoin.

The ultimate enemy for bitcoin will definitely the central bank which bitcoin is designed to topple. Bitcoin is designed to replace the current system of currency which the banks are part of, so they would definitely do whatever it takes to stop bitcoin advances to maintain the status quo. The question is how long.

As for me, bitcoin's worst enemy is the bank or any financial institutions who regulate fiat currency. They can't control it.It will be  a real threat for them if bitcoin will dominate the financial market. Less money for them, more freedom for the users. But as the saying goes, Be close to your friends, but closer to your enemies. Let us see what will they do to deal with it.

Altcoins don't even qualify as the enemy of Bitcoin. They have far few users and acceptability to qualify as the enemy of Bitcoin. IMO, the real enemy of the Bitcoin is the central banks and the government authorities. They have the power to greatly harm the adoption and expansion of Bitcoin. What happened in China recently is a perfect example for this.

INTERNET AND ELECTRICITY  ::)

LOL. totally TRUE that's Stronger Enemies ;D
without internet you cant earn bitcoin and without electricity you cant connect to internet.

Haha.. Jamie Dimon from JP Morgan... I think Bitcoin will have to cross many hurdles and challenges..
And these resistance will come from the Banks and Governments Alike:
Banks because Bitcoin is an parallel currency will be in direct competition to the fiat
Government because of the Decentralized and Private Nature of Bitcoin transaction.. They will have a had time tracking tractions and taxation will be difficult

Well, aside other enemies bitcoin might be having aside d altcoins, we can have the government of  the country vieing against it. A friend did say, as long as government isn't able to monitor the earnings of bitcoin through taxation then they will continue to pose as a threat to bitcoin in the different countries. So, the government is a body and can be convinced if taxation with bitcoin is introduced but can be a killer if there is a threat.

I agree that it is the banks that don't like Bitcoin. Unless it gets regulated and/or the banks get hold of their own blockchains. Then they may rely on it.

Other than altcoins, basically it will be any financial body of governments, such as Bank and other regulating bodies. Also the users who panic a lot is also a kind of enemy as well, and also the people who still haven't understood the capability of Bitcoin and talk trash, I am talking about peoples who have influence over others.

I think bitcoins enemies apart from Altcoins will be the people pushing for centralization or are hoping to regulate it and panic sellers in my opinion. These are the true enemies of Bitcoin because their actions often results in a tumble in bitcoins prices.

Panic sellers I think are responsible for the instability of Bitcoin and it is their lack of understanding and nativity that makes them sell when the prices take a tumble. Their actions often results in price fluctuations .

Bitcoin enemy are those against bitcoin progress like China's threat of banning bitcoin, altcoiN and ICO. Then here also JP Morgan who is always attacking and criticizing bitcoin thru media. Then by these situations im afraid every government of all nation will be affected and may influence by these critics who only think of themselves not the very good welfare of the people.

It would be the whales controlling the price of bitcoin by spreading fud to bring the price down or hype to bring the price down, whichever fits their needs. Bitcoin is very volatile because of them.

the biggest enemy of bitcoin in my opinion is the bank, because banks are under the government restrictions. The government can ban bitcoin anytime in our country. For example is the country of China, but behind it all there will be something good.

I think bitcoin's worst enemy is the Internet. If you shutdown the Internet it will kill the bitcoin  ;D

But the worst enemy of the Government and banks is Bitcoin  ;D

I think altcoin  is friend of bitcoin becuase altcoin is a way to trade some coins in bitcoin so thats why the value of bitcoin totally increasing but the enemy of bitcoin is goverment becuase many goverment banning the bitcoin.

I agree with you because of many altcoins the value of bitcoin is became strong and high and yes many goverment ban the bitcoin bevuase they did not control the bitcoin so thats why they illegalized the bitcoin in their country.

I'd agree with you on government. Recently we've seen the Chinese government come out with some pretty strict regulations that are killing the bitcoin exchange market in China(of course, everything can be done on localbitcoins instead).

Another huge one is ignorance of the problem of centralization in the general population.

They don't seem to know what bitcoin is all about or why it is so necessary. To achieve mass adoption, we need to raise awareness first.

the government and the bankers, I think these two are bitcoin enemies and sooner or later they will be aggressively attacking Bitcoin and the community ..

At times bitcoin seems fluctuating in a much larger scale. This too can't be predicted as an outcome from the whales, because price has begun to grow with regards to the adoption level along with circulation. So, very rarely the price manipulation is done by the whales who hold large sum of bitcoins.

Government/bankers can be a hard enemy for it going mainstream, as BTC will steal much power from them in the form of control and taxes.

But I think crime and illicit activities also is. It is true that you can do bad things with fiat too... but if Bitcoin is a first choice for criminals that will make the public have it in a very negative light.

It is visible that governments have difficulty with bitcoins. So they surely are one enemy. Others are money launders, drug sellers and terrorists if they are using bitcoin.

Very interesting question you have asked here. Well, according to me I will think of those users who get panicked in the situation of bitcoin bad news and make the situation even worst than before. Lols. Yes they are the real enemy according to me because they make I very unstable currency and fluctuate it very much quickly than anything in this world. If they would keep the faith in bitcoin then it can not fall like that and will keep rising in the future and we can have stable investments.

For me country like China and North Korea are the biggest enemy of bitcoin because they ban bitcoin and after some time it might happen that they announce their own crypto currency in the market.

Frankly agree, governments and banks. They have been trying for ages to control and are trying helplessly to find ways to regulate bitcoin. They have seen the craze for bitcoin, due to fast transactions and anonymity and decentralized nature, they realized that no one can interfere in bitcoin transactions and/or intercept them. They have realized that blockchain is the better and more secure way to go, but due to their wish of making profits, they are trying to hurt the value of bitcoin by various gimmicks.

Everyone will try to make better coins and beats bitcoin, I think it's natural, of course if altcoin is better than bitcoin then bitcoin will be abandoned.

I agree with you because bitcoin is decentralized it means no one controls it and the  government are afraid to lose control of people who want to use bitcoin and they can easily ban bitcoin in your country and if you disobey the law you will be arrested

This is what governments should strive for, but we must not forget that governments are made of people and most of the time people have reason to be in the government that has nothing to do with public service, it has to do with furthering their own interest and most of them would gladly sell the country as long as they are able to get benefits from it, this is why bitcoin is great, it is trustless, you do not have to trust in big daddy government to do the right thing for you.

The government and the Central Banks are the worst enemies of bitcoins . Even though , many countries has legalised bitcoins but still no country wants to accept it as a primary form of currency because no country wants the loss of their currency and funds.
Bitcoins gives threat to Central Banks because bitcoins are purely decentralized and backs has no control over them .The popularity and legality of bitcoins will lead to a huge loss for the Central Banks and they will never let that happen. Bitcoin is a threat to the cliche form of finances.

Yes I also think the same. Decentralization is the main thing which the governments most dislike in bitcoin because of the no hold over it. There are other strong people behind bitcoin who do not want bitcoin to promote among the people.

The reason I don’t know but may they have their own benefits behind this game. But eventually they will all fail and bitcoin will conquer the world in the future.

Aside from governments. It's banks. They do not want to decentralize anything.

Aside from altcoins there are other two who wants to take down the BTC, the Government and Central Bank they're so eager to take down/control the btc, good thing they can't.

Banks and government are the most likely opponents of Bitcoin due to them having control over the currency and Bitcoin interferring. But in more reasonable situations government can be pro-Bitcoin.

Altcoins aren't the enemy, government, banks and sometimes the miners are.

The people who want to Control Bitcoin, As we all see how powerful bitcoin at present, banks and financial business already considering its technology to be adapt on their businesses, No one owns bitcoin that's the nature of it a decentralized, however if someone or somebody successfully controls this then its not the real Bitcoin that I knew its his enemy.

Scared people. If fear of bitcoin were to spread like a disease, everyone would sell, stop mining, no one would buy, bitcoin would simply die out. Governments cannot really do anything (yet at least). And one governmnent doesn't necessarily apply to another. But scared family members, wives, husbands, close friends etc can have great influence on people.

other than that electricity and internet i think is also influential. because electricity and internet needed to mine and do transaction, if government policy I think not too influential. because now in my country bitcoiN is still in unambiguous status legality, but the government does not forbid it. therefore bitcoiN is still developing in my country.

In The same time and in the same day there are not enemy altcoin. Altcoin is a try to breakout bitcoin value but we hope in the next 20 years no one can overcome and no one can breakout bitcoin value. If bitcoin has a any kind of enemy that is only Local  Government  because they are not get any Tax so only real enemy is Government.

I think banks can be ennemies for bitcoin and altcoins. Banks will loose many clients who moves to put their money in bitcoin instead of banks.

the worst enemy of bitcoin for me is skeptical governments followed by weak hands.
government banning of cryptocurrency in their country do have effect on bitcoin.
and if weak hands will sell due to this then another drop will surely follow.
just imagine what could happen if there are at least ten countries banning cryptocurrency together.
i think the effect of it with bitcoin is surely destructive
:D

Mine is users too! Well bitcoin serves us dear users with its servicea, but I think that we users can also formulate the end or be the worst enemy of it.
First is the non-patronage well seems like it is impossible but to tell you the truth, it is possible. If people would turn their backs on bitcoin, then there is a possibility that it will become worthless.
Second, with the high end technology comes the high end attacks of it. Users or anti bitcoin can formulate a way for some malware to come into the system. Making online wallets vulnerable to hacking and unauthorized transfers.
Lastly, are the banks. They can move for a resolution to ban pemanently bitcoin because of the threat that the government will not profit from it like banks do.
These are just my opinion.

The biggest enemy of bitcoin will be the government and bad media. The government will try to control and manipulate bitcoin so that they can gain profit on it and mad media causes FUD on people causing them be afraid that they might lose their money on bitcoin causing them to sell their coins making the price go lower.

The bankers teaming up with the government. Once they combine forces then digital currency suffers. They know that users of cryptocurrency are still vulnerable because it is new so a rumor or news spreading FUD would have a big effect in the price and we have seen it recently. Bankers and the government in China decided to ban crypto trading in their country because financial institutions are threaten by it so as a protection for them, government bring up licensing so that they would still have control. Bankers losing their business and government losing their control would be the worst enemy of bitcoin.

Greedy people who sits inside the government, those who are planning to regulate bitcoin and make it centralized those are the enemies, but those who supporting blockchain and its tech they are friendlies and families to bitcoin

Bitcoins biggest enemy is not any government or other force. It simply isn't. Governments cannot realistically stop it at this point. Unless they shut down the internet.

The only threat is a new, better cryptocurrency. Bitcoin is not perfect by design. For its time, it was incredible. Now, however there are new technologies that make for better cryptos. Bitcoin is left behind in that regard. And once a coin comes along that is significantly better in most or all respects, I think Bitcoin will actually die off quite quickly.

Rothschild indeed an enemy in the future and US Government of course might do some sh*t in bitcoin world..

I agree with you. without the internet and energy that exist on this earth, bitcoin will be paralyzed. besides, people who use bitcoin for crime make bitcoin image bad.

the media and the government can be the enemy for bitcoin but they are not the real enemy because sometimes the media wants to make bitcoin down in a moment so they can buy bitcoin at cheap price. and the government itself can not control bitcoin but i am sure that the government is agree with the bitcoin concept which can help every people to solve their financial problem. and i think the enemy of bitcoin is the weak hand person that trying to selling their bitcoin when the price is make a little correction for the price and that person don't want to get loss.

Maybe you mean banks? cause banks and banking has big difference. Bitcoin offers banking and more whereas you control your own money. Whereas banks is a third party intermediary thus saying crypto will be the end of banking is entirely wrong. I say cryptocurrencies revolutionize banking whereby these traditional banks are no longer relevant to conduct commerce.  

In my experience i think there's only their enemies exist in this world. First one is china after the ban on ICO the price fall down. Second is JP MORGAN  third and last one is Bankers. We all know how Crypto is destroying bankers and banking sector does like this digital form of currency. I think Bitcoin has to face all these hardles and is coming out good as you can again see the all time high price of 5200$ today.

Bankers are the enemies of bitcoin forever.They consider bitcoin as their main rival.They try their best to destroy bitcoin.

Governments come under the second category.They just don't want bitcoin to progress more and so they take actions to ruin its progress just as china is now doing.

In future,quantum computers may become the worst enemies of bitcoin.It is said that they would be able to read the private keys of our bitcoin wallet with the help of public key itself.It will be a serious threat to bitcoin.