Why are so many people against bitcoin?

[BlackBird13]

I believe an important actor are the news articles appearing every now and then about crypto hacks. Every time I read something like that it makes me reconsider my investment decisions.

[Herry toer]

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 into the wrong hands?

Because they are afraid of being harmed by Bitcoin. But if I think Bitcoin is not harmful, it is even profitable. But people who do not understand Bitcoin will feel aggrieved. For example, the person invests in Bitcoin. He bought Bitcoin for a high price, but soon the price dropped. Then he freaked out when Bitcoin's price dropped, eventually he sold Bitcoin. And if he wants more patience to wait for the ride again would not be like that happened. Surely he would feel aggrieved with Bitcoin. Though it was purely his fault. Well, maybe some people think like this.

[RKSummer]

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, many people are against bitcoin because they are lack of knowledge of what is bitcoin all about. They don't know the concept why bitcoin is created. They don't know the benefits that bitcoin can give. They think that bitcoin is a scam.

[Ngewex Yuk]

It is a natural thing, many reasons that cause people against bitcoin, maybe they feel threatened presence bitcoin change the state of their wealth, or the presence of bitcoin make people leave bisni or investment so put all the money on bitcoin.

[newguy05]

Criminals are cashing in on Bitcoins for illegal activity, the mass media make so many these type of news so some people are agains crypto ecosystem due to think that this will harm people. Using Bitcoin cashpoints to launder dirty cash. Bitcoin is a limited supply and the
 price is paralel to the demand— only 21million will ever exist — and that it is completely unregulated by banks and governments, making it attractive for criminals or those who want to keep their transactions secret. This should be solved.

[CowboyKiller]

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, many people are against bitcoin because they are lack of knowledge of what is bitcoin all about. They don't know the concept why bitcoin is created. They don't know the benefits that bitcoin can give. They think that bitcoin is a scam.

Example before you know Bitcoin is a good asset for investing, did you think Bitcoin is scam? Honestly, I can not say I was doubt the value and the growth of Bitcoin. Many FUD, many alert from the government about Bitcoin, but luckily, I still choose Bitcoin for my life because it is the final way to help me have a job (MMO - make money online).

[HimalaCryptoo]

Because most of them don't have enough knowledge about it. They are skeptical about it and close minded people.

[heninur]

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 addition to many people who fight bitcoin, more people love bitcoin. But people who fight bitcoin are always more visible than people who like bitcoin.
people who fight bitcoin may be because they are not familiar with bitcoin, so they do not know the true content of bitcoin.

[Strannik-74]

Lack of knowledge could be one of the reason why bitcoin is not accepted by every person in the society.  And for me this is just normal to happen to anyone who has not enough knowledge into something being brought up. That is why it is very important for everyone of us to be able to share what we know so that more people will accept the usage of bitcoin.

[Allan004]

people who hate bitcoin are people who do not know what bitcoin is. they only know that bitcoin is just a type of scam.

[Kubra Dam]

Criminals are cashing in on Bitcoins for illegal activity, the mass media make so many these type of news so some people are agains crypto ecosystem due to think that this will harm people. Using Bitcoin cashpoints to launder dirty cash. Bitcoin is a limited supply and the
 price is paralel to the demand— only 21million will ever exist — and that it is completely unregulated by banks and governments, making it attractive for criminals or those who want to keep their transactions secret. This should be solved.

I disagree with you, nobody is cashing out something for illegal activity. This is a lie created by bitcoin haters, that's it. Criminals have been already using fiat money for decades... Nothing special caused by bitcoin on this.

[chrsjrcj]

Many people against bitcoin because they can not understand about bitcoin and still rely on old payment systems. their opinion bitcoin is a currency that is very detrimental to them, for example the bank strongly opposed the use of bitcoin, but they do not realize that bitcoin can provide real and greater benefits to the user because the price is always increasing and the benefits can not be obtained from the bank.

[surija18]

I never met anybody who was against BTC. There are a lot of them who doesnt understand it!

[Mike0222]

some people are agains bitcoin because they dont know it and for the lack of knowledge about it.. how it is done and how it is gonna give you income.. to those people agains it doesn't know how to invest or they are afraid to invest. theres no harm in trying you should try and know the cause and effect of it for you to understand the currency of bitcoin and the effect on our global economy in the future.

[trashvin]

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?

for me I think the reason why some people is against on bitcoin is because their knowledge in bitcoin is isn't enough, they do not know the benefits and advantages of bitcoin when they use that. maybe if their knowledge about bitcoin is enough they didn't hate the bitcoin.

[Boybugwal760820]

I think they are against bitcoin because they really think that bitcoin is just a fraud or another form of pyramiding schemes that will only rob them their hard earned money if they will invest in bitcoin. Many people had been scammed and fooled in the internet so they also keep on thinking that bitcoin and the other crypto currrencies out there are just another form of scams also that will only rob them their investments.

[anything9ce]

They are many reason why many people are against bitcoin
1.most people are against bitcoin just because they are still ignorant of the potentials of the currency they still to believe the potent force for the coin to change their life at a very high value,2. why many are against bitcoin just because of it instability in the market 3.many are against bitcoin just because they can't stand the rick in investing in the trade

[Trcream]

Most people against it don't understand it yet.

[mitchel_am]

Innovation usually scares people and they tend to be more reserved for it. I think some people can not accept that bitcoin is the future because they don't know much about bitcoin

[PilosopongTacio]

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 majority of the people in the world are still living in the past and its difficult to convince them about cryptocurrency.
 Why would they invest or believe about something that are abstract,formless,surreal and doesnt exist in the physical world. It's a leap of faith for them . Its probably why they were against it and think of it as a waste of time or a scam.