Why are so many people against bitcoin?

[Konco126]

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

In my opinion, lack of information is the main cause of people who fight bitcoin. With the lack of information, the person will be left behind and don't know what has happened. Most of people don't care and people who fight bitcoin only see from the negative side only.

[dreamer81]

Because they dont understand it. If they understood bitcoin, they would see all the features. Most people thinks bitcoin is just 101001010111010100100100101
but we all know it's way stronger than that. It's unbreakable. It's crazy how much can be achieved!

[pinkliar]

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

In my opinion, lack of information is the main cause of people who fight bitcoin. With the lack of information, the person will be left behind and don't know what has happened. Most of people don't care and people who fight bitcoin only see from the negative side only.

they dont have enough knowledge about bitcoin not in a way that they are against on it but in a way where in they dont really accept this kind of currency that is why they look that they are against about bitcoin.

[panganib999]

Yes, There's still a lot of people who are against or do not believe in bitcoin and what I think of is - it is because of the risk of security. I even tried to discuss this with my friends at work and they do not believe that they can earn money in bitcoin even without any investment.

People who just focus on the risk that bitcoin have is also the people with less experienced and knowledge about Bitcoin. Becasue as a user of Bitcoin we could prove or say that bitcoin is a good form or rather a better form of currency in the form of crypto-currency through transactions, investments or in tradings.

[Christian13]

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

for me because so many people are againts bitcoins its because Extreme volatility and Investing in cryptocurrencies involves very high risk, as prices have been extremely volatile. Many experts are sceptical about bitcoin as an investment primarily because there is nothing for them to analyse.

[hheight]

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

It's just a lack of knowledge about cryptocurrency. I remember my first reaction about bitcoin: I was like "What? Is this for real? You must be joking".
Awareness of the fact that you can make money with just a turn on computer was unbelievable.
But people began to take bitcoin seriously after price growth, and the numbers of haters are decreasing.

[Lorence.xD]

many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.

i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them

I don't have seen some people hating bitcoin actually. On the other hand they want it badly. They are so greedy to have it since they need money and they need it immediately. If there will be people hating bitcoin, then there must be a reason. Some of the reason I think about is that they don't have time to have those and maybe they get jealous to others who have. It is hard to accept that some people are making their lives good because of bitcoin, while you, can't do anything but to watch because you have no idea of how it works or maybe you don't have the time, or you are not interested. Maybe they also thought that it is unfair to others to the point that they think that 'how do they easily get money through that?' and possibly will lead to other questions as well.

[LETme]

Usually people think bitcoin is a scam, They do not know about bitcoin but if they know that they can earn in bitcoin they become interested asking so many question I know a lot of people become a believer in bitcoin now. So one thing I can say for those bashers of bitcoin you gonna eat your word in the end.

[neonshium]

some are probably angry that they did not get in early so they want to see it fail to mock and scorn those who where smart or fortunate enough to buy bitcoin early and had enough balls to hold on to bitcoin despite its drops.


and obviously government see bitcoin as competition for their native currency

This kind of envy is very common I remember seeing an experiment, in which a person was offered two options he was asked which scenario he preferred, an scenario where he earned double the amount of money he was earning but his neighbor earned double that amount or that both earned just 10% more and most people choose the later, instead of choosing the option that gave him the most benefit people preferred to be on the same level as someone else.

Yes, This is the only reason why people are afraid of using bitcoin. These are those who don’t sue internet much and are kind of narrow minded people, not much open to new experiences.

These people just need to be aware regarding bitcoin by those who are good at using and handling bitcoin and other digital currencies. Moreover on their own, these people may read some articles and watch videos to understand what it really is.

[coinholic]

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

It’s just ignorance. They don’t fully understand the concept that Bitcoin represents. And so they tend to become skeptic and refuse to look into this great opportunity..

[100kk]

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

I think that there are not so many people against bitcoin; just many do not trust it because its rapid growth is like a bubble that can burst at any moment.

[Wagako]

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

I think they are against with bitcoin especially the government because once that bitcoin will be accepted they will never control it. And other people doesn't know how to use it that's why. But we must bear in our mind that bitcoin will be part of our life.

[Gobeller]

many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.

i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them

I don't have seen some people hating bitcoin actually. On the other hand they want it badly. They are so greedy to have it since they need money and they need it immediately. If there will be people hating bitcoin, then there must be a reason. Some of the reason I think about is that they don't have time to have those and maybe they get jealous to others who have. It is hard to accept that some people are making their lives good because of bitcoin, while you, can't do anything but to watch because you have no idea of how it works or maybe you don't have the time, or you are not interested. Maybe they also thought that it is unfair to others to the point that they think that 'how do they easily get money through that?' and possibly will lead to other questions as well.

They are simply skeptic people who opposes most of the new things in the world. They still find bitcoin as a scam one and they put their arguments on this scam base. Then they create fud about bitcoin. That's all.

[Gamix]

Well, there will always be haters Especially with Bitcoin popularity, there will always be people who will believe in it and vice versa.

[caloy06]

For me, I'm not against bitcoin because I have not been able to experience cheesy and masculine bitcoins that I'm dealing with. Maybe someone else is against bitcoin because they have gone wrong and lose their share of bitcoin and scam That's why 100% against people in bitcoin still believe that there is a true bitcoin and it's not a scam because just like I'm joining here in bitcoin I have not entered the money and have not experienced any profit here I am trying to find out whether this is true or not because my cousin just shared it. More than 90% of bitcoins are true that they believe and earn and have maybe 10% just a scam that does not believe it, because they have been deceived they just make money in bitcoin.

[bitfornewbs]

Maybe Some people who are against bitcoin experience any bad situations like they betrayed by someone or got scammed. We can’t blame others who don’t believe in bitcoin because even for some they used bitcoin just to scam others. Also maybe due to lack of knowledge on how to handle bitcoin as their one of source of income.

[Faxmate]

I'm trying to understand why are so many people against bitcoin?  is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

many people who access bitcoin and all depending on the intent and purpose of accessing bitcoin if I personally access bitcoin is for a place to invest digitally and the technology that requires us to access it

They are not against about bitcoin but it’s something different in past there were some other crypto in market and they were not good to deliver good services to its users and some of them were fraud and take a million of money from its users and run away but I will tell you about bitcoin because I’m using it since from last two years and I’m one of the successful investor so during this time bitcoin always give me a good profit on time.

[humanCNC]

I think the main reason that many people hate bitcoins are those who are in the politburo, the public officials. They hate bitcoins and do not want bitcoins to exist because bitcoins affect the interests of the bank. Others hate bitcoin because they do not really understand what bitcoin is and they do not know the benefits of bitcoin.

[Tanazir]

There are still many people who do not believe in Bitcoin and I think - this is the reason for the safety risk. I have tried to discuss this with my friends and they do not believe they can earn money on bitcoin without any investment.

Because they do not understand the exact meaning and value of Bitcoin.

[dbutp]

I think it is unreasonable to have a lot of people against bitcoins. Bitcoins have many benefits for people. Those who are against bitcoin do not understand bitcoin and do not know the benefits of bitcoin. Others, they are leaders of nations, they place their own interests rather than the interests of the people.