Why are so many people against bitcoin?

[pushups44]

I think it's a combination of reasons for hostility against bitcoin. Obviously, traditional financial institutions feel threatened. Many ordinary people are intimidated by the technology and lash out rather than admit ignorance. Some people have sour grapes about having missed the train. Others simply equate wealth with tangible items.

[claydeey]

Although more people love Bitcoin including me lets accept the fact that there are a lot of people who hate Bitcoin for some reason namely, the lack of knowledge about BTC or they thinks bitcoin is a scam because of the negative feedback they get from negative people.

[Johnzky]

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?

First i wanna ask WHOS THTAT MANY PEOPLE MATE?and are they really against bitcoin?or just they know nothing about this coin but only negative?the impressions brought for many people is about the scam accusations towards this coin.that this is not reliable for investing since news medias always buying the issue for traffic

[kache2018]

Greetings! I think most people nowadays always think the effect of change and this could be a positive or a negative impact on them. Venturing on new innovation such as cryptocurrencies is indeed a choice and a risk. But above all this dilemma and uncertainty, choosing what's best for you matters. And for me taking risk on investing and learning more on cryptos will be a big challenge and on a positive note, a brighter future in the world of finance.

[jhayryl]

there's a lot that BTC does not work so maybe there are many who do not want BTC to stay at home but it's just a map that's why you're home the one you are paying for and financially subsidizing

[bobylevamo]

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?

The people who are against bitcoins are those who are not ready to understand the concept. Once a person starts researching about bitcoins, he will fall in love with it.

[Joyceshiroor]

People are against bitcoin because some are not liking it because of its fluctuating values while some are considering it as gambling. Also government making it illegal also making people loose their interest in it.

[19Nov16]

People are against bitcoin because some are not liking it because of its fluctuating values while some are considering it as gambling. Also government making it illegal also making people loose their interest in it.

Most of them do not understand and are not interested in bitcoin for getting the wrong information, we all know that a lot of false news about bitcoin makes bitcoin have bad reputation.

[Ratash]

i do not think the people are against bitcoin because it is profitable to them . you can earn money from your house

[organelles]

 I don't think people are against bitcoin, they just aren't sure what its all about, how it works, and some people think its a scam

[thompson30]

maybe because they dont the importance of bitoin in our daily lives. and maybe because they are not trusting its capability to make our future happy

[First77]

People are against bitcoin because some are not liking it because of its fluctuating values while some are considering it as gambling. Also government making it illegal also making people loose their interest in it.

Some $30,000,000,000,000 is invested in Gold

[cerberus5424]

Because many people do not believe in what might happen that is unusual. Many people think that this is a regular soap bubble.

[julielyn]

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?

many people against bitcoin because they are scared of being scam because they do not know how to play bitcoin so many of them do not know if they know how to play it they can understand just what bitcoin

[fuer44]

some people think bitcoin is a disadvantageous investment because the price can fall in just a short time. they simply don't believe in bitcoin fluctuations, that bitcoin price can also rise also in short time. they are also afraid of legality.

[Meimille]

cause bitcoin highrisk and illegal in their countries. They fear it is a scam and lose a lot of money/

Important point is  They cannot believe about "Success with Bitcoin"

[miang]

People usually try to avoid something that they can't understand and consider as a danger. Some people claim that Bitcoin is a fraud or a financial pyramid. There will be always a group of people who will listen to someone like this. Even if Bitcoin was a financial pyramid, it would a good financial pyramid. Thousand of people around the world believe in Bitcoin.

[popolite11]

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?

People are against bitcoin because they are afraid to invest and they think that their money would just disappears. Likewise, people think that bitcoin is illegal an not accepted currency. These people are actually those misguided and mislead on the idea and information about Bitcoin. They are against also because Bitcoin might overtake the fiat money in which they don't have the proper knowledge about crypto and bitcoin.

Mostly those who do not know all the benefits that Bitcoin brings are against it. Governments and banks hate it as they do not like the competition of BTC and fiat money. Those ones who hate to risk also dislike crypto.

[Geljames28]

Many people is against in bitcoin because they dont know about it or they don't have knowledge about bitcoin and they don't understand what it is and they don't know how it works. And maybe they believe in fake news about bitcoin. That's why they're not interested to know about it. The other reason why people against bitcoin, is because some countries didn't accept bitcoin.

[josephine85]

So many people are against bitcoin because of its nature. Bitcoin is volatile and too risky but if you are a risk taker, Bitcoin is for you. Some people are against it because they do not really understand Bitcoin and how to earn it and how it works.