Why are so many people against bitcoin?

[BlackBeauty]

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 will always stay like that whenever something is gaining popularity, the more people gets focused on that subject then it will either make them love it more or become more skeptical. People who go against bitcoins are those who doesn't really understand it and maybe get involved in scams related to bitcoin which bitcoin itself is not to blame in to.

Those people who against bitcoin and they hate this forum they have no knowledge about bitcoin so that's why they didn't join this forum but if they search bitcoin and join this forum, so I'm sure they will never disappoint from bitcoin actually they will very enjoy and earn more money and maybe they will invest in bitcoin for best future.

[Fantastic33]

Many people are against bitcoin because they dont know or understand what is it all about. They dont know how it works and how much profit one can get from it. Also they used to read or listen to fake news, thats why they always have bad impression about it.

[Noesly]

Yes if we think there's many people against bitcoin, because some of this think negative on bitcoin, think that bitcoin is risky, and some of this is fear about bitcoin so that many people against the bitcoin.

[lionjuvs08]

I think some people against bitcoin because they don't even know what bitcoin is and how it helps to their problem in financial. Because if they know bitcoin they start it over as the day when they understand the meaning of bitcoin.

[abayan]

Most of the people against Bitcoin are hypocrites. Low -key investing in it.

people is always against things which they don't know.But the most concern, in my opinion, is the fight from usual financial system with technology around BTC and others Cryptos. And
that will affect the price all of one.

You know you can never blame those people who are against bitcoin. There are lots of reasons why they do not accept bitcoin as of the moment. These may be because  of feeling of being not secured that every time we talk of bitcoin they feel like it's going to just be a scam, it may also be because of their lack of knowledge about btc, it may also be because they are always into legal terms and don't find btc to be acceptable in that.

[BeGoods]

Because they don't know what is bitcoin.if they know about bitcoin then they don't go to against bitcoin.when they understand what is bitcoin then they love bitcoin.

Because people don't want to embrace new things or don't temd to search the truth they just lestening to social media or they don't want to embrace changes and because also some organization will make some propaganda againts it because it will affect their businesess.because  Bitcoin is Peer to peer transaction that there is third party involve .but once people know how bitcoin work as a curreny for sure people will not go againts it.

That's right! Most of the people is not really open to new things. They can be considered as conservative people when it comes to financial matters. Unfortunately education system is programming us in that way.

Yeah I think a lot of people are still comfortable to use paper money or fiat so when bitcoin comes bringing in a new innovation of a financial technology. they are not ready to accept it. I think this is normal when they do not like anything foreign. I think this problem will be solved by time. when someone gets interested in learning bitcoin. because the people around them already use bitcoin

[abamatinde77]

because they don't know what bitcoin is! that's why they only know that bitcoin is a scam or they can be scam by bitcoin...maybe that thing or in their minds

[BigTeeths]

Well I just watched a youtube video recently that is about an argument of an anti-bitcoin and I found that these big names are protecting something. They are basically protecting banks or shilling their golds and other assets.

[Pintasak]

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?

Some are against bitcoin because some are afraid scare of..they maybe either dont have there interest to make some of their stock of investmests they have.they want and surely hundred percent that banking is only the way to make there liabilities secure

[Wipangga]

I think that a lot of people fight bitcoin, maybe big they do not know what exactly crypto money is, if they do it they will not oppose it, so I think they do not understand the knowledge about it. to get better returns in terms of investing in bitcoin.

[athanz88]

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, people that against bitcoin, and share fud about bitcoin, are the people that invest on bitcoin too. This is only a scheme to scare people and make people panic sell. As people sell, they will gain more profit. Usually they play this role in a group.
Here is the ilustration of it.
A person called 'a' and his group have many bitcoin, when price is high enough, they sell their bitcoin (lets say at 15k), then they start their plan, if people are selling enough, there will be a decline of price in the market (price of bitcoin will be decreasing), and when it reach the target (lets say maybe at 5k) they will buy bitcoin, and they will get more coins. If they orginally have 1, with this scheme they can gain 3 bitcoin after it is done. And who doesnt want to get more bitcoin.
People really will do anything to get more of bitcoin.

[Jessica Gayla]

In my own opinion, some are against it because they still dont have the knowledge what bitcoin is,and of course they have still doubt because as of now there are many scam that scaterred everywhere and people are just being wise to spend their money,they wanna make sure first before engaging in such investment.

[LorenoCoin]

Because of the abundance of cryptocurrencies that are currently available. bitcoin transactions are much more expensive and slow than the rest

[bubble pop]

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 wonder why they are against too maybe they are just too afraid for the next generation to come it is like thet are scared to be left behind and they get used to the old school things they used to do. Because if they just support bitcoins instead of saying bad things about it and stereotyping them as a scam bitcoins will be successful and will not have a problem. Bitcoins are just having a problem because of them because there are people that are against to it and making way to destroy it. But if they do not do it the bitcoins will be smoothly going to the mainstream. Look hoe successful bitcoins are.

[rhenrhen]

Is this for real? Are there many people who are against bitcoin? Why then? Maybe these people don't know the uses and benefits of bitcoin. They may be not aware the possible income/earnings they might get out of it. They may also think that most bitcoin users are like "scammers" which are actually not. Proper education will help those people to better understand the cryptocurrency world.

[Stegobit]

I know some government employees fear about Bitcoin because it diminishes govt's capability to collect taxes and they afraid to lose job.

[noictib]

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 also thinks that there are lots of people in this world who have hates feeling or we may consider opinion about bitcoin to have in this world of online market .
Here not a single reason but many things are factor for them to have hate feeling .
In the starting when I worked in this field without experience then lost much amount of money , so I said that bitcoin is not a good thing and it is like a scammand it is only made for rich people only , and also I was considering that people are hiding Thier money in bitcoin more securely and privately , so a type of scam of black Money is going due to bitcoin .
But in actual after long term understanding about bitcoin , I realised that bitcoin is made for only a medium to manage our money in worldwide level. And as everything is online in current time , so no one can hide his money as black money , so here in my opinion those people which have hate feeling about bitcoin are not aware and Don't have knowledge about bitcoin fully .

[machinationus]

It is rare to think that many people are against bitcoin, if I believe that most people who invested in this currency have increased their savings quickly. in fact they are turning it over to their way of life

[darewaller]

people are not so much against bitcoin per se, they are against the current situation in bitcoin ecosystem. Read the posts and threads, half of them is about complaining  and helplessness that people feel when they are trying to do the transaction and it is stuck somewhere in limbo. They are not against bitcoin. They are against what it has become and why the devs don't solve it.

Basically it is lack of knowledge and that’s the reason why people are somehow against bitcoin. Those who are not aware of this blockchain technology are those who think of bitcoin as a scam and are reluctant to try it out. These people should look at those who have become millionaire with the help of bitcoin and even those who are ready to leave their day jobs just because they are making more money with bitcoin.

[kidd07]

It is because they are sceptical of the cryptocurrency and do not even bother to research about it. They are used to for the old fashion way and not embracing the innovation right now. Furthermore, Bitcoin is decentralized and not accepted or under any government regulations that whatever may happen it is not under its protection.