Why are so many people against bitcoin?

[Tiger Junk]

Bitcoin is the godfather of crypto, you can either hate it, or love it. I love it personally.

For me many people are against on bitcoin because they dont know the real benefits they can get on bitcoin, just like me before i hate and i dont believe on bitcoin because i think it is just a scam but right now i do believe on bitcoin because it is really helping me to fulfil my dreams and my goals in life.

[Jupeter]

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?

Maybe because bitcoin isn't publicized in some countries, they don't know anything or why some people are using this, they just think this is a scam or anything that's bad. There are so many possible reasons why they hate or don't want to engage in bitcoin.

[Elips1]

There are some people against bitcoin because they couldn't manipulate it and they are in the government and banks. Also some other people against the bitcoin because they are failed to understand the entire concept of the advantage of bitcoin vs. fiat money. A lot of people have never been known yet  about bitcoin so this is a big challenge for them to be a part of us.

[urang]

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?

yes really there are a lot of people who are against bitcoin,because they don't know what is the meaning of this and what is bitcoin all about.all of us who know about bitcoin is we have to explain to them and i'm sure they will join bitcoin and later on if they receive money from bitcoin then they will love bitcoin.

[joan26]

We all know why central banks are so against bitcoin and all other altcoins, those of you who dont know, its because people are rejecting the printed notes made by banks and are adopting these cryptocurrencies.

[lepbagong]

I see people who love Bitcoin.
I see people who do not understand Bitcoin and its technology.
I do not see people against Bitcoin.

I agree with "I see people who love Bitcoin" not vice versa (people against Bitcoin), because bitcoin is very favorable and has an excellent effect on many people's interests and seems to help a lot, including me being helped by bitcoin.

[Westinhome]

They against to bitcoin because on first the people have no idea how to earn bitcoin and someone said bitcoin was a scam so that they against on it. But we that knows about bitcoin we are happy on that because we earn so much in bitcoin.

Maybe because they cannot take advantage of Bitcoin. If people or a small country want to make Bitcoin as their business tool, I believe those small countries will become rich. Many people does not know anything about Bitcoin but they thought that BTC is a gambling tool or similar things. Of course that is not true and it is so ignorance. There are people who think that BTC is a dangerous thing and need to get destroyed. For example like government and bank. They actually cannot take advantage from people who use BITCOIN. Because when people use BTC they do not need to pay taxes or go to the bank.

I think in a small country it will be coming rich because they are only few on their using bitcoin and only of few them are doing business using bitcoin maybe it was started for them to going in high profit for that. And that's true we know bitcoin have no taxes so that's we are bitcoin user we easily get our money with no tax against to government.

[Mickznet]

One reason is a lot of online bad news about bitcoin and also they don't know or they don't understand what bitcoin is, they only know it is online scam or fraud. I tried to explain what is bitcoin to my friend and he undertand now. A lot of people today lack of knowledge about online currency like bitcoin.

[bitcoin31]

Because we knoa that bitcoin price is very high so they want the price decrease because if that happen they will have a chance to buy more bitcoin with cheap price . Or the other reason if the price crash or die the other altcoin who have people against bitcoin can earn a lot of profit because for sure most of the coin increase the price. Ignore those people because they don't have bitcoin for sure.

[ben-iyieke]

 From banks and governments I already know that nothing will change, but when it comes to people, it all comes down to education. If they understand what Bitcoin is, what decentralization means, and the freedom that comes with it, they eventually will change their way of thinking, I am sure of that.I think in a small country it will be coming rich because they are only few on their using bitcoin and only of few them are doing business using bitcoin maybe it was started for them to going in high profit for that. And that's true we know bitcoin have no taxes so that's we are bitcoin user we easily get our money with no tax against to government.that directly goes up for banks and governments as well.

[cahbagus555]

I think people not afraid about bitcoin, they just dont understand about bitcoin and cryptocurrency. I am believe that many people will attracted to bitcoin market if they understand about it.

[Ishiro5]

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 honestly have come to realize people that are against bitcoin fall in 2 major categories:
1. Those who fear it will take their jobs away (typically bankers and related fields)
2. Those who for whatever reason do not just understand the technology and are very averse to change.
3. Those who fear that they are soon going to lose grip of their powers of manipulation on people (typically governments and other mainstream players)

But just like many revolutionary inventions, there must be draw backs which in themselves result in the breaking forth of such inventions, it will be safe to say that bitcoin is still at that stage.

[Boylestad4]

I think it is more on they are afraid of the innovation ,they fear for change  ,they didnt want to try new things plus maybe they didnt give bitcoin a chance thats why they are ignorant about the oppurtunities made by bitcoin

[burakdat]

Because they think that bitcoin is a scam and usually they are also close minded person. Even if you educate this kind of people they will still believe on what they think that they are right about it. The indicators of these people is that when you're going to tell them about it they will just laugh on you and walk away. Specifically they will try to shame you and they will overpower you on the negativity on what they think about the bitcoin. However, some of them will come to realize after seeing some actual evidences that proves them wrong and that bitcoin was right. As an educated person we cannot directly ignore some of these opportunity. We intend to investigate first before we conclude. That is what happening to me and fortunately I came into the right decision of believing bitcoin in investing in it and earning from it. This is in fact as what other say a life changing opportunity that bitcoin has to offer.

[denzkilim]

There's no way or reason to hate bitcoins. I honestly said they're unaware or maybe it might possible someone give them wrong information and that's why they start hating it. Before blaming bitcoin they should try it and i believe bitcoin will prove them wrong as if they invest in bitcoins, they will be in benefit.

Those who hate Bitcoin are those who can not make a profit, especially those who buy Bitcoin for $ 20,000 when they are very angry with Bitcoin. First of all, those who can not control the investment, should not invest in Bitcoin.

Yeah, there are no benefits, even getting much of the loss from investing in bitcoin, this is the situation of the person who is against bitcoin, they blamed bitcoin and launched bad rumors that affected the development of bitcoin. In addition, I also saw some very selfish people, they do not want others to know about bitcoin, they always proved very disgusted and did not like Bitcoin, they always find ways to make people stay away from Bitcoin, they just want to make money alone without wanting to share with anyone

I Think those people are only spreading FUD against Bitcoin or maybe they are too afraid of this technology that they think in the future it can ruin their business or they are just purely ignorant people who only listen or believes on their selves. Bitcoin is one of the most excellent technologies ever made to simplify our payment systems and our monetary system through blockchain technology and one of the reason why I have said it is one of the most excellent technologies because this crypto currency called Bitcoin is very secure and cannot be counterfeited, unlike those paper money, that is easily to counterfeit. 

[flower8]

Because there are still too many countries that prohibit bitcoin, it is easy for those who have not yet understood Bitcoin to form an impression of refusal to invest because the national ban is easily regarded as a scam.

[Sithara007]

I think people not afraid about bitcoin, they just dont understand about bitcoin and cryptocurrency. I am believe that many people will attracted to bitcoin market if they understand about it.

They are afraid about the government actions. Here in India, the authorities recently sent a few hundred thousand legal notices to the Bitcoin users. Almost every Bitcoin user in this country got the legal notice. I believe that it is a tactic by the authorities to discourage Bitcoin usage.

[zolfa]

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?

Probably because of their lack of knowledge about bitcoin so they do not trust it and immediately branded bitcoin as a less secure transaction. they should try to take the time to understand how bitcoin really is and try to judge from various aspects. But for myself, bitcoin is good for the prospect of economic growth, because it has proven to be a lot around me who managed to benefit from bitcoin.

[quuyt4]

Because we knoa that bitcoin price is very high so they want the price decrease because if that happen they will have a chance to buy more bitcoin with cheap price . Or the other reason if the price crash or die the other altcoin who have people against bitcoin can earn a lot of profit because for sure most of the coin increase the price. Ignore those people because they don't have bitcoin for sure.

The Chinese regulator’s measures on Bitcoin are very resolute, and the government’s attitude towards Bitcoin will cause some people who do not firmly trust Bitcoin to be afraid of them.

[Crislyn]

Because some of them didnt know what is the function of bitcoin and its advantage in the community.