Why are so many people against bitcoin?

[Kurtyp1010]

People think bitcoinis not safe. Bitcoin is a virtual money that can secure your money safely. Bitcoin can also double your money by increasing of its value. They are against because they are scared and they think that lots internet has lot of scammers and their money can hack easily.

[renggileh]

In my own opinion why people are against bitcoin because, Bitcoin is tax Free. you can transact everytime you want with lesser fess than Bank. it has so many Papers that you have to sign in, and most of all. you can see the history and transaction of bitcoins.
Many politicians or greedy people are against bitcoin because they cannot earn from it without stealing it

[Gifolote]

I do not know where such information that people against bitcoin. among my acquaintances there is no one who would speak out against bitcoin. and the fact that restrictions on bitcoin are imposed so it is not people against. and the state starayutsya to restrict the bitcoin

[wahyu5]

There may be too many people failing to invest in Bitcoin. Besides, because in some Bitcoin countries illegally so many people are afraid of being involved with it. So, for some people with Bitcoin knowledge they are never afraid of it because it helps them make money.

[wei cao]

I don’t think many people are opposed to Bitcoin. Many people don’t understand Bitcoin. They only see that Bitcoin’s prices are rapidly growing and falling rapidly. People are worried.

[george888055]

Why do you like bitcoin? Maybe you bought it when it cost 1k$ and now it cost 10 times higher. And conversely maybe someone bought it for 18k$ and sell for 8k$.

[szpalata]

Why do you like bitcoin? Maybe you bought it when it cost 1k$ and now it cost 10 times higher. And conversely maybe someone bought it for 18k$ and sell for 8k$.

Well, that's their problem for being impatient and selling for that measly 8k$. Panic selling is one thing we all need to abhor if we are to make any decent returns on our bitcoin investment because bitcoin was never created to remain stable and so its volatility is part of the whole package and we should learn to accept it and live by it too.

[Dolarin]

I think people who are against bitcoin just do not understand its essence.

[mel1978]

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 the reason why many people against bitcoin this is because they think bitcoin is scam. There are lots of fake news here in our country that against bitcoin and I think they are paid by the banks.  They news about scam happens because of bitcoins and did not news the good things happen to a person who earn bitcoins. This is from my own opinion.

[Txslady]

People will be only against bitcoins if their business is being affected just like the banks. Most of the people think at bitcoins like networking which has a fraud. They but they are not really know the other ways to earn cyptocurrency.

[turagsoy123456]

Because they don't understand the true meaning and value of bitcoin. They don't want accept the changes in our technology yet they dont have intention to learn it. Maybe some of them are skeptical to the point not knowing even trying once in their lives.

This kind of people are very criticism of this new technology.  Because they don have any experience and knowledges about the importants if this creations.. How it will be work in dealing something helpful in our society. They don't want to accept new changes in technology they look always negative side. Without even analyzing that this new currency the bitcoin can bring us hope to improve ourlife style. Especially we are always dealing with financial problems. Behind if this struggles in life bitcoin us the answer to save us from poverty.

[muhammadahmad822]

many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.

i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them Cheesy

[thelolicon2]

They're classical people which are with the goverments , think the same ways as goverments that changing is the worst ideal than just keep things as normals as it is.

[s31joemhar]

The reasons why many people still against in bitcoin are they still don't understand the flow of bitcoin in the crypto market.
They don't even aware about the cryptocurrency that are existing today because crypto like bitcoin cannot be seen by the our eyes, so others not believe on it.

[amadorj76]

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?

On my opinion, they're againts to bitcoin, because of it is a popular currency and can easily access by the people all over the world, with this, people are afraid from being use the bitcoin in a crimes also in terorism, like what happrned from other country and it is tge reason why they banned bitcoin.

I think the people that are against bitcoin really do not know about bitcoin, because they think bitcoin is purely a scam and cannot be trusted, why? because of some people that use bitcoin to scam others, they ride in the popularity of bitcoin to pool other people.

[Bruce1614]

Some people truly don't comprehend what is Bitcoin is about, that like how it works and the conceivable advantages that they may get, they simply should be shared through particular subtle elements and a profound seeing with the goal that they will comprehend it gradually in light of the fact that not all individuals are high savvy or a past student that they can without much of a stretch see about bitcoin. Whatever I can state is only a little tolerance if still don't functions admirably it about time to allow them to sit unbothered.

[CyM99]

Many people oppose bitcoin, because bitcoin was born to counter the traditional currency order, in the movement against political power, bank currency. In addition, bitcoins suffer from bad news from the media.

[Sayed Rifat]

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?

Investing in cryptocurrencies involves very high risk. For this reason many people against bitcoin.

[walemil]

It is natural for bitcoin to be hated by governments and transfer the hatred to the people. Government wants everyone to hate bitcoin because they see it as a threat since government always keeps monetary system in there hand so for this reason, they will want to kick anything that may want to liberate the masses.

[Arlibtchunt2018]

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 idea those individuals who doesn't agree or against BTC are  people who can't gain from BTC rise or they are individuals who are aiming to pull BTC down for their personal gains. In fact when BTC is not that popular people just ignore and dont give a thought about it but when BTC become the number one coin on the market many people firing negative ideas and spreading false rumors about it.