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Author Topic: Why are so many people against bitcoin?  (Read 19338 times)
aroweyen
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December 18, 2017, 06:14:21 AM
 #1241

No its about against bitcoin. Actually governments hate any form of currency that they can’t track, control, and tax. They hate cash and they hate cryptocurrencies even more. It’s entirely possible that some governments will make bitcoin illegal, though it’s just as likely that they’ll do what Japan did, and just surrender to it because so many people are using it.
ateebshaikh290
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December 18, 2017, 06:44:38 AM
 #1242

Because people only believe in their currency and many people don't know what is bitcoin actually is so they don't understand it and they start working on it so when they don't get profit so they become against of it and makes other against of bitcoin.
bbjay
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December 18, 2017, 07:26:49 AM
 #1243

I think some people are against bitcoin simply because it is making poor people to be rich. You may not believe this but it is a bitter true, no rich individual want a poor person to gain popularity like them in term of money but bitcoin does not know rich or poor person. Bitcoin is for all if you want to use it.

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December 18, 2017, 07:31:49 AM
 #1244

people who against bitcoin actually do not know about bitcoin and they only receive negative information so they do not like bitcoin
Ekimzjames20
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December 18, 2017, 08:22:54 AM
 #1245

Yes others peole against bitcoin because of so many scam online investment.Others not believe bitcoin and how to income and earn money without investment money and products.
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December 18, 2017, 08:54:25 AM
 #1246

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 at all times against what they do not know and do not understand. It may eventually come to them understanding
Kong Hey Pakboy
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December 18, 2017, 09:08:28 AM
 #1247

Maybe those people has the reason why they hate or why they are against the usage of bitcoin. Maybe they were just jealous because they cannot do the things that people do to gather bitcoin. Another one is they are once a member or user and then they were scammed by other people that's why they turned their view or lead and that is to be against the bitcoin. Some are just they don't think that it is legitimate, simple as that.

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December 18, 2017, 09:11:22 AM
 #1248

They just dont understand it I guess. But lets be real most people who arent against bitcoin also dont understand it Cheesy I can grasp why it is better then fiat money, but i still trying to understand bolts and nuts behind it.
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December 18, 2017, 09:28:21 AM
 #1249

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 it is normal for people to go against bitcoin specially those who do not know its very system and on how it works. Bitcoin's background and origin is quite unknown and sometime all the hype about bitcoin go against its reputation because of scammers popping around.

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speem28
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December 18, 2017, 09:52:32 AM
 #1250

people who against bitcoin actually do not know about bitcoin and they only receive negative information so they do not like bitcoin
It is not that they don't know anything about bitcoin, its the fact that they are just scared about the unpredictability of it and are afraid of taking the risks. They are  always blabbing on about the negativities of bitcoin saying that it will crash soon. Also, they can't accept the fact that they don't know how to use their bitcoin wisely and are making wrong decisions in their investments.
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December 18, 2017, 04:31:52 PM
 #1251

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?

Maybe they got feared because lack of knowledge about in bitcoin. But if they will find ouot and realize the deepest importance of it  for sure  they won't get scared in it insteadthey will support it as well.
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December 18, 2017, 05:25:53 PM
 #1252

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?

Maybe they got feared because lack of knowledge about in bitcoin. But if they will find ouot and realize the deepest importance of it  for sure  they won't get scared in it insteadthey will support it as well.

Exactly. People fear what they don't understand. They probably are thinking that it's a scam or something. These people should be educated if they want to so to clear their skepticism

 
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Kakkles
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December 18, 2017, 05:32:36 PM
 #1253

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?


Layman's insecurity that is the reason why they hate it. They cannot hold it in their hands. It is intangible. They like holding paper, coins and plastic cards. All the old world stuff makes them feel comfortable. Bitcoin makes them uneasy and jittery. For they are not making any efforts to study it.

I agree completely, I know some people that know nothing about bitcoin or cryptocurrencies in general but will not hesitate to talk down about bitcoin given the chance without even a shred of knowledge.
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December 18, 2017, 05:34:23 PM
 #1254

Lack of knowledge and with computer there are so many risks such as hackers scammers.
Tavarez
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December 18, 2017, 05:42:47 PM
 #1255

Lot fud and other bad news for btc, recently I read that France wants a discussion of bitcoin at the next G20 meeting with a view to regulating the cryptocurrency, a finance ministry source said Monday, saying the government believes there is a risk of bitcoin being used for “illicit financing”.
more info>https://moinsight.com/france-vows-to-take-bitcoin-regulation-debate-to-g20-ministry/
teejayrichard2
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December 18, 2017, 09:56:11 PM
 #1256

Many people are against bitcoin because they don't fully understand how it works and its potential. Some especially the government kick against it because they have seen how difficult it is to control it and anything government can't control that kick against it. Some people need to be educated for them to fully understand bitcoin before they accept it. I believe with time people will get to accept bitcoin and stop being against bitcoin.
Valentina N
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December 18, 2017, 10:00:11 PM
 #1257

Hello! Yes some new things scary people and some of them think that this is bubble and have no any trust! Another thing they have credit card or cash why they need learn something? I lot of my friends says: I don't care! I have money (traditional money) and I don't care about your cryptocurrency! Traditions, mentality and etc

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December 19, 2017, 05:27:45 AM
 #1258

Maybe because bitcoin is not quite known in their country and there is a user but not many.And Not Recognized By Governments.The general public doesn’t understand bitcoin, and many regulators still don’t either, which makes it tough to regulate.I think another reason is they not yet try to use bitcoin to invest so that they didn't know the advantages of using it.

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December 19, 2017, 05:53:21 AM
 #1259

bitcoin is the currency system which minimize the taxes and duties on the other currencies like paper money and the countries have imposed many taxes on the transfer of funds and other transaction. there are so many people are against of it and they don't want to use it. the other reason is the altcoin users may not in the favor of bitcoin any more. so they will not allow people to use bitcoin instead of altcoin in the future.

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December 19, 2017, 06:10:00 AM
 #1260

Why are so many people against bitcoin?  Mos of people all over the world... are against bitcoin...most of them are really don't know what is the used of bitcoins....or what is bitcoiin....not all of them are know what is truly the used of bitcoins....
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