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Author Topic: How do you feel about the negative reputation of the bitcoin currency?  (Read 5981 times)
gripflierGO
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November 21, 2015, 06:10:18 PM
 #141

Great thing has a great impact too, it can be good and can also the opposite.
Bitcoin is a big invention that has a big impact on the financial world.


Yes it is an big invention and we should not worry about the negative reputation of bitcoins at a moment, time will change in coming years when people become aware about the benefits of bitcoins and once they start using it, it will surely divert their thoughts about bitcoins and sooner or latter bitcoins will be have a great and positive impact on the mindsets of the people.
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November 21, 2015, 06:22:35 PM
 #142

I have numerous times tried to explain people to NOT CONNECT BITCOINS WITH CRIME OR ANYTHING ELSE. Bitcoins are like guns which are good if used properly and may prove harmful if used wrongly. And as far as criminal cases through bitcoin are concerned. They don't happen everytime. Those cases are way too old and connecting same thing to all criminal attacks is hell absolutely wrong. We people enjoy our privacy, we love to do things online. This doesn't makes us criminals. Stop connecting bitcoins with all these.. And by the way, bitcoins aren't the only digital currency.. So think before you point the finger otherwise you may get it broken. -_-

They do so just to sell the news, but sadly average human being is obviously not smart enough to think on it's own.
There will always be those who will use bitcoin for illicit activity, just like people are using and abusing fiat as well - but noone is talking about banning EUR or USD ..
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November 21, 2015, 07:41:47 PM
 #143

I don't mind it because people talking negative about bitcoin are not wise enough.
We all know crimes have no real connection with bitcoin.
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November 21, 2015, 08:14:30 PM
 #144

In response to the recent news about the G7 talking about regulation, I think that in line with the reports of terrorism worldwide, fear-mongering will only add greatly to the negative reputation even more
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November 22, 2015, 03:38:51 PM
 #145

In response to the recent news about the G7 talking about regulation, I think that in line with the reports of terrorism worldwide, fear-mongering will only add greatly to the negative reputation even more

If the governments regulate the bitcoin and make sure it is not used by terrorist, then it is actually good for the reputation of bitcoin. This means the governments recognize the value of bitcoin. If they allow it to be used in tax payment, it is even better.
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November 22, 2015, 04:51:04 PM
 #146

People need to understand the fact that Bitcoin just like the liquid cash, attracts both good and bad motives. Anything that is precious and highly valuable in nature attracts a lot of attention. I personally know the benefits of the bitcoin as a digital currency and the challenges it is facing. It is evident that criminals use this type of currency to transact and even sell stolen items so that they leave no evidence. However, when well used, the bitcoin bring total mobility when it comes to online shopping among other things.
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