Why are they afraid of bitcoin?

[Xavierfr12]

why are they afraid?

because they think the bitcoin is scam because they're country is approved bitcoin for government.

[Nivir]

Everything in this world is a game of politics and influence. Of course these people that are controlling the world economy is afraid on someone that can replace their system. Something that they cannot control.

[Aryadwipanggah]

their fear is a fairness and a fear with bitcoin ie those who do not yet understand about bitcoin and how bitcoin works

[kasansa]

There is nothing to afraid to invest in bitcoin some may be like that but for those who have self confidence will not afraid.

[JRACPJRL]

On my own experience, I also felt afraid on entering the world of bitcoin. I thought it was a scam or may be too complicated for me. But I was wrong. This forum helped me understand all about bitcoin.

[Nylelyn]

Indeed we can say that Bitcoin is a whole new and innovative digital currency that will have a tremendous affect in the traditional form of method in the economic system.  Bitcoin, however contradicts the whole system which was created by great professors that started during the ancient times and was adopted and practice by our nation till the present time. Actually, we should not regard bitcoin in a negative manner, bitcoin has proven to have help many people earn decent money and have introduce a more faster transaction method in terms of payment and transfer as well as investment. Government and people should work together on how to help both make the economy stronger and richer which in turn would improve lives of its people and our nation as a whole.

[cherrymobile]

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 ..........

Some people are afraid of this bitcoin. And it is because they are afraid to waste their time if it is only scam. And other reason is some of them think it will never been helpful to them. BUT THEY ARE WRONG  ,this bitcoin help us in deifferent aspect ,help us to have our own online job and earmed bigger money.

[RheamaeElbanbuena]

As soon as the btc drops they are afraid and they are big enough and they can also get a bitcoin just to increase the bitcoin but they still fear that the btc

[gabmen]

why be afraid?
what to fear?
Fear of bitcoin annihilated? I do not think like that, there are many who support bitcoin in some countries including people. I'm sure bitcoin will not go away because bitcoin has helped the human economy.

Banks and governments are afraid because btc gives people a choice. The way banks control our money will weaken once people realize how crypto can give them the freedom to do what they want with their money. Of course it can be dangerous but for the majority, its a breath of fresh air from the leash of banks we've been into for the longest time

[stephylarde]

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

Because Bitcoin transactions are encrypted and while they can be tracked by involved parties, bitcoin provides a way to keep money and transactions away from the prying eye of the regulators.

[raniadaling]

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   

Great insight, this will surely redistribute wealth globally, but  we should bear in mind that this is digital currency. And this don't differ much with other currencies or money, like paper money in checks. these are brilliant inventions in which one can afford even though he doesn't have much.
Which may explain why many are afraid to invest. another thing is, it is hard to understand digital assets as of now, particularly for newbies.

[Aileen C.]

I think they are not afraid of BTC. They are just confused and unaware of it because they' re not familiar with the system. But once  they get to familiarize it , I am really sure that they would volunteer themselves to join BTC.

[Mrsun78]

they are afraid of it because its new and no security guarantee by anyone. when you lose, there is no place that you can ask your money from. dont afraid because each invention has faced this block at first

[Pornporn05]

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 ..........

simple as they see the future of bitcoin taking over real money,  but because its decentralize,  government does not have control of it. and since its a digital currency risk is very high to scammers,  hackers also.

[prediction on bush]

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, they think that the bitcoin is scam only. The way banks control our money will weaken once people realize how crypto can give them the freedom to do what they want with their money. Even the smart people did not believed bitcoin because their knowledge is through posting they can earn money? that's not unbelievable.

[Jannalsieh]

They are afraid maybe because they don't understand it that much, and it is hard to trust to something you barely knew.
Also they are afraid that they be scammed, and lose a hard earned money.
And of course the inconsistency in prices of bitcoin, and it is not widely accepted as of yet

what they fail to understand is that bitcoin, and other digital currencies is revolutionizing the global market.

[TheGreatUnknown]

I think the reasons why some people are afraid to buy into something is that they don't clearly understand what it is. I mean people fear the unknown that is human nature and since as a beginner in bitcoin you might feel overwhelmed because there are a lot of information available and it really take some time and patience to fully understand it.

[Mike0222]

some net users are afraid because they dont understand some of the details about bitcoin because of lack of knowledge and information about it some people think it's a waste of time.. but for me it's not its make your life more broad and challenging your way of thinking about some issues in the world and how you react on it in simple eat by participating in discussions and way how to solve or prevent some world problems either political views and or personal view in every day life.

[abhishek273b]

  no one is afraid in bitcoin because it give so much conveniece in life like a easy transaction in different country or how to earn like a job here in crypto so think where they afraid,yes it has a volatile price but still you can easy invest like a little here so get scared or afraid is nonsense,i think also the chance to earn here is big because there's a lot of job here so even you take some risk is still ok because we can earn here with no risk.

[Lintel]

I don't know why they are afraid of bitcoin . for me there is nothing to be afraid of. bitcoin is a great opportunity for me. How can I be afraid of that? maybe some are afraid because it is really risky when you invest to it but when you really need to earn profit, you need to overcome your fear and take the risk