Why people fear about BITCOIN

[Zarbout]

People have some fears about bitcoins because of price volatility, bitcoin is not a backed up currency, many illegal uses,..

[Airdrop International]

People don't used to trust in new things or in things that they don't know. Moreover when people discover a new technology most of time it's thanks to the medias and we all know how the media can be idiots about the informations they gave to people. I speak about this but are you sure that "people fear about bitcoin" ? I am not sure About people who understand the technology they can be afraid of the vollatility, afraid to lost what they have so they prefer to not invest.

[PossibilityMiner]

People don't used to trust in new things or in things that they don't know. Moreover when people discover a new technology most of time it's thanks to the medias and we all know how the media can be idiots about the informations they gave to people. I speak about this but are you sure that "people fear about bitcoin" ? I am not sure About people who understand the technology they can be afraid of the vollatility, afraid to lost what they have so they prefer to not invest.

Pretty much this.  Most people don't have a good understanding of technology and only take away a few bits and pieces and unfortunately the media sound bites tend to stick.  'Exchange hacked!' 'Bitcoin + Darkweb!' couple that with the volatility compared to the investments they are used to and the numbers they are doing in their head equate bitcoin to dark sorcery. 

Over time we will see more people becoming educated and understanding the actual strengths and weakness of the various crypto currencies.

[Oasisman]

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Its not the people who fears it in the first place. Its the bank and the governments. They fear how Bitcoin may be used by the majority due to its unique features that the banks do not possess. The government as well will take actions to prevent it from happening for they cannot take over the control over the supply and transactions with Bitcoin. With that, they used the social media to spread misleading information, focusing only the risks of hacks, scams and fraudulent activities. They didnt even report the good opportunity that Bitcoin can give to every individual. People who only rely on news and other form of media are the ones who are afraid. If they could only make a few research they wont be blinded by the media.
Thats what happened here in my place.

[jeanpadel14]

People fears to invest in bitcoin because they think it is scammed.And another reason they are afraid to invest in bitcoin is because they are not yet well known it and they have never known how bitcoin can help them once they try to join.And maybe because many still do not know bitcoin.And because it is occurs in the internet.

[devarajdp]

Governments may fear Bitcoin because its value is determined by users and not central ... To an increasing number of people, that promise means nothing.

[LordDisick]

Yes there are some who are not believer or i must say they are afraid to invest on bitcoin because they don't want to risk their money knowing that bitcoin price is not stable. Others also fear that its a scam unless you give them prof that its really legit and they can make money from it.

[bharal07]

Why are people scared about BITCOIN? so other people are afraid of bitcoin because they have not tried it yet and those they hear in the news are bitcoin scams so other people who want to enter bitcoin are no longer in the mood for fear of being scam.

[beverly788113]

There are so many stories around the bitcoin that make people worry. Does shatosi appear? if he is bad. Bitcoins can be hacked, and the bitcoin technology is outdated.

[ravedien]

because of future bubble, all signs it will bubble, its just a storage of value without usage aside of price speculation and this generation is in deep of FOMO.