Why are so many people against bitcoin?

[TecScout]

In Germany I think it also has to do with the media.

There are the big newspapers that always warn against the bubble bursting, of course those who are judging there are all highly decorated economists attached to your bank and stock system.
Of course, the state does not like the fact that the "little man" could sometimes make some money if he uses it skillfully.

That's why the state then makes the Bitcoin and etc. by all means bad.

[Galahad111]

Many people really do not know what bitcoin is. Wrong understanding or lack of understanding of what bitcoin is and what happens to it can lead to really terrible consequences. An example of such consequences is the bitoccoat volatility that we are seeing now. People can have the most general idea that bitcoin is such a crypto currency, but do not understand the general picture of how its appearance influences monetary theory, as well as the ways of storing data or Money transfers.

Yeah you are right the crypto currency is now being famous and it is being use by some bad deeds as well but it is not the main reason because the bitcoin will increase in the future and the people will see how fast the bitcoin will get in the value and the process of the bitcoin will be high, well not only the bitcoin but a lot of the other currencies are being use and the this is the fault of the investor but not of the bitcoin at all.

[megatrix]

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.

Maybe because they think that it's impossible and too unimaginable for us to have a virtual money and crypto currency. I used to be like that honestly but witnessing how it works made me believe that it is true. We cannot force them to believe but we can make them understand bitcoin.

[Minerall]

People are against bitcoin as they dont understand the true potential of cryptocurrencies and blockchain. They think bitcoin is scam or pyramid.

Yes, that's true. Many people don't really understand it, and everything they do understand - they try to deny and in this case the same thing has happened. But that's just temporary.

[Maxson]

You will not blame those that are against bitcoin,it will take a good heart to explain, more time for research about it and to get involved.Most at time people are just too used about the fiat cash so is even difficult to switch to what they do not hold with their hand as a means of exchange.

[adifariz]

most people who are in government and in financial institutions because bitcoin threatens banks that will become confinement in the future, but for individuals I think they do not hate bitcoin, they will love it because it will give them or us a good income that can culminate in financial freedom is why as bitcoin users we need to continue to promote and advertise bitcoin to others who do not know what bitcoin is.

[Gunawan82]

Many people are afraid of Bitcoin primarily banks, because with their Bitcoin paper money begun to be eliminated, and of course they are against Bitcoin, they try to destroy Bitcoin by spreading rumors about Bitcoin,
but I am sure one day they will accept Bitcoin because Bitcoin is not wrong and will make them think that will recognize Bitcoin properly.

[50ouncebrew]

A lot of people didn't buy bitcoin and missed out on it. Now they are bitter about it.

[Anamika143]

Yes many people against bitcoin it is true. Its main reason is without some countries bitcoin is not legal in every country.
And I think everybody doesn't know about bitcoin. So they are against bitcoin.

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[FineJuice]

People just don't understand it or think it's a bubble.

[Sadnu]

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?

So they do not believe in bitcoins because they think that bitcoin is a bit of a fool. and you can not save it here because it's a scam. so they countered the spread of bitcoin. The Motley Fool is one of the best websites for beginners to learn the basics of investing. I’ve recommended that site many times to many people and will continue to do so. However, that doesn’t mean I agree with everything they say over there.

[blackdon01]

there are some people ,against of it because they have no clear idea about Bitcoin ...and they don't know BTC is also use in a legal way..

[klim80]

Probabaly they might hate bitcoin because they don't know about bitcoin, how it works and how to use bitcoin. And they don't want to study, may be because they are lazy or they are afraid.

[wareen]

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?

So they do not believe in bitcoins because they think that bitcoin is a bit of a fool. and you can not save it here because it's a scam. so they countered the spread of bitcoin. The Motley Fool is one of the best websites for beginners to learn the basics of investing. I’ve recommended that site many times to many people and will continue to do so. However, that doesn’t mean I agree with everything they say over there.

For those who knew the bubble assets, bubble value, ... in the past (in the 19xx until 200x), they can not accept Bitcoin) because they had experienced huge loss in same bubbles. You will not understand that emotion unless you had experienced that time too.

[UzumakiSakuragi]

  I think the motivation behind why so many people against bitcoin because of large number of scam.. bitcoint also is intangible.or even lack of knowledge about bitcoin..you need alot of importation to understand bitcoint..

[Zigzagkuy]

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?

Because people are jealous of the greatness of bitcoin. They can only see it without joining the cryptocurrency field. If bitcoins are legitized they may join cryptocurrency. Such people do not want to achieve a great future with bitcoin. So we just ignore what they say.

[Wylie330]

I think it depends in one's perspective. Government and Banks are against Bitcoin because of the fact that they cannot manipulate or control Bitcoin itself. Some people are against because of what they knew about Bitcoin. They thought of it as an illegal thing since it was used in the black market. In short, those people who are against about Bitcoin is because of self-interest and afraid for innovation.

[MilesMoses]

There may be few who are against bitcoin and the reason behind they are lacking about the potentiality of bitcoin crytocurrency even the dough know how to work with bitcoin to taste it's benefits.

[EPICA Token]

Volatile market, the fear of unknowness, a slight jealousy for the successfully adapted to the crypto changes people - basic human emotions, which prevent this market to arise more, than it exist now.