Why are so many people against bitcoin?

[RavenHood]

Every person they are different believes about the bitcoin. Some people have faith in the bitcoin because they know who essential of the bitcoin and they help their needs. But why people don’t trust the bitcoin because they don’t interest and they don’t have knowledge about the purpose of the bitcoins.

[sirkings0003]

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?

True, there are people who are genuinely concerned about the associated dangers like terrorism financing and drugs. But the majority of them are concerned about them loosing relevance in their field. Majority of them are the middlemen being cut off by bitcoin transactions

[ahmarjamil]

They simply do not like bitcoin, probably because the bitcoin value is not stable.

[lhadygreen]

Some people against bitcoin because they are afraid to fool by many. Sometimes they don't want to spent to the things they are not sure with. They are against bitcoin because they are lazy to make effort and they dont take a risks.

[Sean25pogi]

Why are so many people against bitcoin? I think that is because they don't have enough knowledge and ideas about bitcoin. And some people don't believe and trust to this kind of work to earn and invest money that can will provide their needs in the present and future life. And some people don't try or test their selves how to manage it as a work or as a source of income. And they also really don't know what are the value and essential thing of bitcoin to us.

[earnmoneyonl]

Bitcoin is something new and people fear anything relevant to future. Something that you do not really know about it. So that why many people against it. 5 more years then people will no longer purchase gold anymore.

[AgentZero23]

Because they are afraid to invest their hard earned money to disappear in thin air. So many people think bitcoin is scam. But, if they have knowledge about cryptocurrencies  they will not be against it.

[Shiversnow]

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 normal that some people can be skeptical especially if it is money that is involved. People are sometimes afraid to try out something new in the fear that they can mess it all. However, we also must be aware that there are people out there that really aims to ruin the image of cryptocurrency. These people are often making up stories that says bitcoin is just a scheme/scam. But we must not be blocked out by this because we all know the truth.

[Gummybear67]

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 don't know what is in there mind why are they wasting the opportunity on having this kind of source of income.  Bitcoin for me is a great source of income because in just an easy way,  you can get some money out of this.

[shezu007]

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 don't know what is in there mind why are they wasting the opportunity on having this kind of source of income.  Bitcoin for me is a great source of income because in just an easy way,  you can get some money out of this.

The reason of so many people against bitcoin is those people does not know about bitcoin very well, and also they may be Bank investor and due to the rising of bitcoin in world they become against of it. They think and we hope in future bitcoin will banks.

[KeeKit]

People's knowledge on bitcoin/cryptocurrency will always depend on how they understand the whole concept. As for me, I tell them about how I understand it and then refer them to a link that will back-up my explanation and for them to also explore and get to know the concept easier. For Ethereum, I will always suggest for them to check the website itself which is www.propthereum.io

All answers to possible questions is there and it has a very detailed whitepaper that can explain what it is.

[Colt81]

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 have reasons why they against in bitcoin. Furthermore, I think the reason why they against in bitcoin is they do not know how to used it and how its work. I also guess that they are lack of knowledge about cryptocurrency but I hope they will stop in against bitcoin.

[Fatanut]

"People throw rocks to things that shine." as Taylor Swift put it in one of her songs. It's not that so many people are against bitcoin. It's that so many people are maleducated about bitcoin. There are articles out that in order to get attention, they are going to, like, "affirm" that bitcoin is indeed a scam and is being used in the dark web by criminals. They don't even have links or anything. It's a mere gossip tbh. There are people or even institutions that are well-aware they are going to go down once bitcoin goes mainstream. First, Paypal. Second, the banks. Third, the government. Adding up the people involved in those institutions and their power, just think how much impact they can do just so they can prolong bitcoin's growth.

Some people always want to say negative things about something because it makes them look like they actually know about the stuff. So if bitcoin ever gets some light into the conversation, one guy always come up and talks shit about it just because he wants to look cool. People are generally just doubtful of the things on the Internet especially now that a lot of people are getting scammed by those MLM and rev share companies.

[Blockfolioz]

Being new to the cryptocurrency world I don't have much idea about the reasons that people often put forth against bitcoin. Only thing that I found is the media, because I have seen negativity through media and when I started using it, nothing seems to be bad until we use it for something.

[Timoteus]

Because it is popular

[bony webster]

I think that many people consider the fact that bitcoin is not regulated by anything decisive in this matter

[shinchan123]

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?

Well, the main reason is that they don't really know much about it, "the fear of the unknown", so to speak. Dealing with bitcoin needs one to be committed and learning about it takes time. I used to be a doubting Thomas until the day my jobless friend bought a brand new car. These guys just need a little push and once they have proven with their own eyes, I'm pretty sure they'd start investing as soon as they can.

[Hank3]

I know some people who against Bitcoin just because they don't understand what is it in real.
You know there is some people who don't want to learn new information.
Of course there are a lot of reasons

[GreenCoin22]

When u look who is against bitcoin, u ll see that they are billionaire or very old people that they didn't see in early time revolution of bitcoin.

[Xanxus024]

They think bitcoin is a form of scam we cannot instantly convince them to support bitcoin but in reality those who do not believe in bitcoin they are bitter because they do not want to see others succeed because of bitcoin.In their eyes they think they live by defrauding of other people.