Why are so many people against bitcoin?

[KingScorpio]

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?

why is only the bitcoin sect allowed to create money out of thin air and demand labour for it? the worlds has billions of poor people,

why not bitcoin gold, bitcoin diamond, super bitcoin, bitcoin god, bitcoin platinum, bitcoin silver?

you understand?

[labilaab]

In my opinion, all those against bitcoin and contradicting it are the ignorant ones or shall we say the jealous ones since they have no btc investments. They are just jealous to us btc investors for our fast profit since they are afraid to risky investments unlike us.

[Cybil]

People are against bitcoin and you know who they are? Those are the people that owns and run business that inlines  with finances. It's either they see it as a threat to their business or they are just not a fan of decentralization because they want to be the only one to manipulate the market and as well give advantage to their business.  

[aehsj]

I think those people who oppose Bitcoin don’t understand the industry at all, or do not believe that the industry has such a high return on profits. I think this is just a scam, but if they can get a certain amount of benefits from them, then I think they It will not oppose it.

[tintinbongs]

I think people who are against is the one who is not familiar with bitcoin they didn't know also how to use. Maybe many other is from the rural community who is not familiar in digital currency.

[Arisgado]

In my opinion, there's a lot of people who are against in bitcoin because they have know nothing about bitcoin and they are lack of knowledge about digital currency that can create many factors making it. Some people need to be educated for them to fully understand bitcoin before they accept it. I hope sooner or later people will embrace bitcoin.

[Farrahyap27]

Theres lot of people dont understand the word bitcoin and in terms of cryptocurrency. They are focosed to other things and see persons involved in bitcoin so crazy.but for me and for my family crypto help me a lot specially for financial needs. That would be so crazy to others but thats the reality.. What we need to do is ignore those who hate or againts cryptocurency.

[akmittal]

Some people always oppose any new thing like Bitcoin or computer or Internet. They always argue that these things spoil human values and some what they are right. Even than new things are making their place in the society. Bitcoin is so popular and attracting a lot of investment.

[angelakrasnova]

I think because he falls down and everyone starts to panic because of what is happening in the world of crypto currency. But soon he will grow up.

[kyucryp]

because they do not understand bitcoin. their minds are not open to accept change. they still like the traditional money that can be held, felt and look real. while the bitcoin is not real can not be held and many do not believe with bitcoin.

[chalbinov]

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?

Layman's insecurity that is the reason why they hate it. They cannot hold it in their hands. It is intangible. They like holding paper, coins and plastic cards. All the old world stuff makes them feel comfortable. Bitcoin makes them uneasy and jittery. For they are not making any efforts to study it.

It could be more than just the notion of being able to physical hold your currency that causes that sense of insecurity. We have a lot of value in things that are never touched. Even when one invests in gold it sits within the safe confines of a facility where the only thing that changes is the record of names and amounts. What makes them uneasy is more likely to be the lack of control they have over its tracking and taxing.

[gamechangers]

Bitcoin is the number one cryptocurrency. bitcoin is so popular in cryptocurrency market, its value rises every year that makes more people want to own it. Every new person joining the cryptocurrency world is most likely doing it from his fiat currencies which seriously impact on the bank and government.

[Lyne1982]

Many people doesn't know well yet about bitcoin that is why they were against the bitcoin. But in the future, due to many advertisement and other video clips, they will learn more in bitcoin resulting to be attractive on it and started to transact with it.

[Jeshe2217]

Unlike other investment avenues, cryptocurrencies are not regulated by government entities or banks. “There is no authority like Sebi that you can approach for grievance redressal,” says Vikram Pandya, Director, Fintech, S.P. Jain School of Global Management. Sharma concurs, “If we buy something with a credit card and get ripped off, we can call the bank and ask to be compensated. But if we get ripped off in a bitcoin transaction, it is impossible to get the money back.” As Pethe has realised a  ..

[RumblingOn]

because bitcoin is not stable :3

[thevlox]

According to me, there are very few people who have not been helped by the debate. There are many countries against bitcin. Bitcoins have been stopped in many countries. The debate does not only benefit us but the country's tecnology is improving and busniss is also.

[Dark_raven007]

People do not want to learn something new. They are used to old things. All their thoughts are crammed with the way to feed the family. While we are all thinking about how to enrich ourselves with something new. We are constantly developing, while the rest of the population is marking time

[bitkaboom2]

Because it is an easy way of dealing for criminals and they may be also against it because of security threats.

[human2021]

I think those people who are against bitcoin are not educated enough of what it can do. Those who are not open this kind of change in the world of currency. Also, maybe bitcoin being decentralized is also a factor. Government do not have any control in here. The transactions made can not be tracked. Maybe they think that it is illegal.

[Semar Mesem]

because bitcoin is not stable :3

It was not a matter of stable notes, but because of the declining bitcoin price that made many users panic and leave bitcoin, but I was patient because I was sure that someday bitcoin prices would soon rise and pass the highest position that happened in the past year.