Why are so many people against bitcoin?

[Helen.m]

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


Cause they don't understand what is it. They don't wanna search information about this and they afraid

[Sera2.0]

Mнoгиe пpoтив Биткoйнa из зa мaлoй инфopмaции o нeм, o eгo тexнoлoгии. И co cтopoны им кaжeтcя чтo этo пyзыpь или пиpaмидa. A вcё oт тoгo чтo oни нe знaют o нём пoлнoй инфopмaции

[commanderbitcoin]

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 of  them are against because they don't understand the whole concept of bitcoin. Others are heavily invested in stocks or banks that would affected if bitcoin dominates the market. Corrupt government also against it because they cannot control it and even though bitcoin is anonymous, it is still traceable via blockchain transcation or history.

[Airdrop Manager]

These are the people that doesn't want to experience the change we are having. These are the people who are sad because they envy us of having knowledge about the cryptocurrency we are studying.

[hibiscus]

  People are against bitcoin because it is a decentralized digital currency no one is taking responsibility and it is run only by the internet support so people are difficult to understand what is bitcoin currency and they think how it can run without a governmental or banking control and they believe that bitcoin has no security without a middleman.These are the fact that so many people are against Bitcoin.

[Airdrop Manager]

Country with poor economies are against because their people can't even afford their won cellphone so transactions with each other is going to be very limited. I know they want to accept btc but they know that it's not suited for their country for now.

[multic2012]

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.

My friends and relatives still don't believe in bitcoin!!Even show them the cashing of the cue ball)))))Everyone says it's a bubble and what happened in the USSR MMM pyramid,where all the lost money.Some didn't even want to talk))))All the time in the state enterprise work and in life did not see anything((((according to the degradation of humanity!!!!

[SNAPCALLHERO]

Because Bitcoin has many advantages in payment and in the life. The goverment can not control it so they try to use law to ban Bitcoin. But no problem, Bitcoin's value does not depend on the government. the community will determind the price of Bitcoin.

[HiringYou]

Their are still many people who are against Bitcoin.The first reason for this can be the decentralized nature of Bitcoin.Due to it's decentralized nature, it is not under the control of governmnment so many countries are still not declaring it as a legal currency.The other reason can be it's volatile nature.Due to it's volatility , their are a lot of fluctuations in it's price .Sometimes the price is too high and sometimes the price falls that's why many people are afraid of losing their money.One more reason can be that it is used as a mode of transaction in illegal dealings of drugs and ammunitions etc.These are some reasons why many people are against Bitcoin.

[DrYe5]

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 most of them just do not believe that thanks to this you can get so good. They think that only hard work can be enriched. Many of them are also afraid of their money if they invest in something.

[Batang Hambog]

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

Because they are thinking that bitcoin is a scam theyre thinking that bitcoin is a fraud that why theyre not beleiving. But i will say to them that why should they dont try to prove that bitcoin is trusted and real. Earning money here is real. But dont convince someone really don want to learn about it. Its a big loss for him not to now bitcoin for free.

[katana2w]

People are afraid of all unusual and ununderstandable. So, they are not against bitcoin - they are against something dangerous and ununderstandable. Change word 'bitcoin' to 'AI' - and you understand.

[icoevent]

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 happens becouse of there are a lot of sourses that publish any news regarding botcoin. The price, the top investor or bank could inflence of the mass. So we have a lot of instuments for populization of bitcoin among the users and beginners in investing...

[teejayrichard2]

people are against bitcoin because they can see its worth growing and useful seeing how transparent transactions can be made with bitcoin and most of the people who are against it are those who are not ok with the transparency since it spoils illegal diversion of funds. also government is against bitcoin because on their inability to regulate it.

[akiraminai]

So many people are against bitcoin more or less because bitcoin is not stable to the point that it would scare them if they invest large amount of money and the value will not inflate. they are scared that they will just waste their time on efforts they don't know if they got something in return.

[FlightyPouch]

So many people are against bitcoin more or less because bitcoin is not stable to the point that it would scare them if they invest large amount of money and the value will not inflate. they are scared that they will just waste their time on efforts they don't know if they got something in return.

A lot of people are being scared to the feature of bitcoin which is volatility which is also the one attracting them. Here is the thing, you know that digital currencies, especially bitcoin are volatile, so why do you still want to invest in it if you do not want to lose your money? People take on risk to earn money here, and if you do not want to take on the volatility or the risk it has, then do not waste your time and money here.

[deciphertron]

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?

Those people who are against bitcoin are afraid to lose, some are those who think they are rich enough and don't need bitcoin anymore so they are insecure of what bitcoin users will become. And also those who tried bitcoin once and failed in trading so they lose their investments.

[shezu007]

According to my idea there are two types of people who are against bitcoin.
First one is that who have not enough knowledge and they are thinking that Bitcoin is a fraud. i think if they get enough information about bitcoin then it is possible that they will also be start taking interest in bitcoin.
While other are that who have start working with bitcoin like trading and due to volatility of price they have face loss because of their less experience in trading due to facing loss they become against bitcoin.

[Seaze007]

Because Bitcoin has many advantages in payment and in the life. The goverment can not control it so they try to use law to ban Bitcoin. But no problem, Bitcoin's value does not depend on the government. the community will determind the price of Bitcoin.

Some people against bitcoin, because they do not know of bitcoin world. But, if their a chance to teach others about bitcoin, I think everyone can used bitcoin in easy way.

[emondot]

Many people are still unaware of the existence of Bitcoin. Every day, more and more businesses are receiving bitcoin because they want to profit from bitcoin usage, but still the user list is still small and needs to grow to benefit from network effects.