Why are they afraid of bitcoin?

[salahcryptowin]

Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........

[tekimebounty]

Why are u think that they afraid?
Maybe they all have mining farms in their gardens...

[salahcryptowin]

Why are u think that they afraid?
Maybe they all have mining farms in their gardens...

This possibility is likely
But Mr Bitcoin BTC  frightens      corrupt politicians and corrupt businessmen because
BTC will redistribute the wealth of the world again   

[irsada]

Why are u think that they afraid?
Maybe they all have mining farms in their gardens...

This possibility is likely
But Mr Bitcoin BTC  frightens      corrupt politicians and corrupt businessmen because
BTC will redistribute the wealth of the world again   

it will not be possible.
because I believe BTC is made to improve the world economy and not to destroy the economy.

[salahcryptowin]

Why are u think that they afraid?
Maybe they all have mining farms in their gardens...

This possibility is likely
But Mr Bitcoin BTC  frightens      corrupt politicians and corrupt businessmen because
BTC will redistribute the wealth of the world again   

it will not be possible.
because I believe BTC is made to improve the world economy and not to destroy the economy.

To improve the economy comes a fair distribution of wealth, which is the last monopoly of a minority in the world

[Dod Ong]

Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........

I think why they afraid of bitcoin because they think that the bitcoin is a scam or just for fun only, But their knowledge about bitcoin is contrary of the true about bitcoin. I want to spread my knowledge about bitcoin because I don't want to hear some people talking about bitcoin that is contrary about the bitcoin.

[yuxuzzz]

They afraid bitcoin because of ignorance. 150 years ago, people afraided of railway and train, 100 years ago, people afraided of alternating current. There are people in all ages afraid of new things.

[Shamie1002]

Why are u think that they afraid?
Maybe they all have mining farms in their gardens...

Haha. Seemingly there is a possibility that they do.

Also, I don't understand which are you pointing out really?
Fear of what bitcoins can do ? I think this technology is built to help and not to build up a fight between the government.
Afraid because they haven't invested because of being arogant ? Ignorant ? The the crypto world boom?
Or afraid that they may lose big time in banks ?

I think they should not be afraid. Instead help to make bitcoin develop more.

[cpfreeplz]

People are afraid of the unknown and will assume that the status quo will always be there. Fiat is as dead as newspapers or floppy disks. Technically they still work, but they're big, clunky and unnecessary. Both where replaced by one thing. The internet. Now we have the internet of money, and the banks aren't on board because they can't control it. Much like how the internet can't (fully) be controlled (yeah I know I know, net neutrality). 

[Blueblade]

The government will have an impact on the bit coin on the banks.Because more people use bit coin, more private companies will have to accept a bit coin.This means people who are less likely to make domestic payments will invest more on the bit coin.Bit coin habit increases if domestic payments, government and banks have a setback.

[kiboloves]

There is no doubt that block chain technology is a new driving force in this century. The government and banks fear bitcoin to take away the interests of them, so it will exclude bitcoins. I think it's just temporary.

[Freyya08]

Maybe they are afraid that they might be scammed. And mostly, what we see in the internet that talks about money is we also have to give money first in order to earn money. Also there are a lot of negative stories about bitcoin.

[ipanks]

Maybe they are afraid that they might be scammed. And mostly, what we see in the internet that talks about money is we also have to give money first in order to earn money. Also there are a lot of negative stories about bitcoin.

I think they are afraid to get scammed from bitcoin because they don't want to learn about bitcoin. but I don't think that they are afraid to invest their money if they can get a profit. like what above me said, there are too many bad news about bitcoin and people still don't believe in bitcoin so they will tell other people to stay away from bitcoin. but the truth is if they want to know and learn bitcoin for just a little thing, they can know that bitcoin is something different than any of investment that they know and bitcoin can give them a real profit.

[khaldrogon]

they are not afraid, they only prevent bad things to comes

[lili song]

I think no need afraid to bitcoin, because bitcoin can help people to get more profit.
They can get more income from bitcoin, so I'm not sure why they must afraid about bitcoin?

[Kakmakr]

they are not afraid, they only prevent bad things to comes

What bad things will that be? Do not believe the nonsense that they are feeding to the public to scare them. Bitcoin is just a alternative payment option like PayPal or credit cards and also a exellent store of value.

Yes, the fact that it is decentralized might scare these politicians, because they cannot shut it down when it does not want to bend the knee before their silly political agendas, but that is there problem to solve.

Bitcoin bring more to the table than many mainstream media are reporting. <All these common scare tactics like terrorism and money laundering nonsense>

[putrisa]

Every student of the political economy who understands the style of the work of the technique of Blockchain and Bitcoin BTC will be absolutely sure that the next alternative to the classical system is the digital currencies, which by their characteristics (speed - privacy - lack of costs - decentralization of the system ...) The foundations of political economy in all its schools, from Aristotle and Ibn Khaldun to Marx, Adam Smith and Keynes and finally with Friedman. These scholars, who laid the foundations of economic thought through money supply, can control the economy of countries and their economic policy.
In my opinion, Noble In the economy of this great invention that will change humanity and will throw our lives upside down in so-called Internet value ..........

this is because they learners have been taught to play money by playing with physical evidence and they do not seem to understand digital currencies like bitcoins and the benefits of bitcoin.

[VladPoly]

An independent, objective money tear the mask from the economy, so to them such a fear

[oegarod]

When one has been given the freedom in the economy, automatically the growth gets progressive around the country. In specific more the tax levied upon the citizens, more will be the corruption taking place. In majority of the countries corruption keeps the economy down, so similar issues can be sought with ease.

[DinoSky]

they afraid that bitcoin will replace government as middlemant or central authority because bitcoin is decentralized money