Why are they afraid of bitcoin?

[cizatext]

Yes I totally agrees with you on that because in all the independence of the world, financial and economic independence is the most Paramount and once a man has an economic independence he is free as a bird and that is what bitcoin has come to offer. Redistribution of wealth among humanity entirely doesn't matter where you are as long as you have an internet and the blockchains.

[Tuesto]

in my opinion, the reason they are afraid of their bitcoin falling
1. they love money very much
2. recent declines in bitcoin sales due to sales

[Dudeperfect]

There is a class of people who do see no value and it because there is nothing tangible in the same but they simply ignore the evolution of the innovations like the internet. When it comes to the government/authority level then, in that case, they are afraid of losing the control from the blood vein of the society as Bitcoin relies on the power of decentralization. I don't think that the people are afraid of Bitcoin but they are afraid of the responsibility that is required while using Bitcoin or any decentralized payment system as it is still in the development phase and might or might not work down the road.

[BitcoinExpart]

Im afraid to bitcoin when i invest big money then the bitcoin is going down.but im still believe in bitcoin thats why i will not panic when price is goong down. Because later on will go up again.

Being emotional or afraid not a right solution passing over the situation. In crypto business you might make a strong zone for long positions thinking power. I agree with you, afraid need to be left out of the door and just go on.

[S0N6K3T]

For me the only way to keep down through time and to show greater crypto value than the old fiat and bank instituitions. They can live side by side for a while but the new ones threaten the old so as not to be preceded.

[erickastella]

maybe bitcoin price is too fluctuate , and hard to predicted.
yeah but some country afraid accepting bitcoin because of bitcoin power , perhaps can change the fiat money to digital currency then fiat money will useless again.
then , a lot ppl stop working real then trying to learning about crypto currency trading and make some money with short/long term.
CMIIW.

[costanos02]

In my own point of view, They are afraid of bitcoin because they think that bitcoin cannot stay long.

[Lorence.xD]

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 ..........

People and those people in the government are scared of bitcoin or other cryptocurrencies. The reasons are:
People cannot believe that you can gain money without investing some money or earning money without even doing a hardwork for it. It is unbelievable for them that by just posting here in the forum, you can gain the money that you deserve.
Governments are scared of bitcoin since it does not have tax. No taxation, then there will be no help to the government. Banks are nothing in bitcoin as well, blockchain do not need banks as middleman since it can run by itself.

[joromz1226]

They are afraid of bitcoins because it's a threat for their business and they want to control people's wealth. Bad Bankers always manipulated the market they are very ego. Bitcoin is going to fight corruption and it will be transparent to all the transaction unlike the centralized bank.

[KITTY 0108]

Why are they afraid of bitcoin? maybe they do not know any more about bitcoin yet, as well as the benefits of bitcoin for their future, maybe for some people are still strange to hear what is bitcoin? so to get rid of the fear of bitcoin of course we have to deepen and learn about bitcoin. so we understand what is the usefulness of bitcoin for ourselves.

[Star_Bucks]

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

I think the reason why they are afraid in bitcoin is because they do not know more about bitcoin, and they do not know the benefits and advantages of the bitcoins which will able to help them in future.

[bad_apple]

I think they are afraid of bitcoin because they don't have sufficient knowledge about it. People also don't know its benefits and its purposes in our daily lives. We live today in a world where technology is everywhere, more inventions come to life resulting on more ease of access to everyone having bitcoin is one of it where it aims to make transactions easier and much faster without considering location.

[Krillin61]

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 ..........

for me the reason why their are some people who is afraid or not believing in bitcoin is because they are not aware on the benefits and advantages of bitcoin have, and those benefits and advantages will help them to make their lives easier.

[odranoel]

I think there are some people afraid of bitcoin because ofcourse dont have any idea what bitcoin is, in short lack of knowledge. But if someone or somebody introduce them, those people they are most trusted,  i dont know if they change their mind. Especially that bitcoin is a big help to our future and can make our life change in financial aspects

[Ray3z]

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.

This is one of so many reason of people why they are afraid to bitcoin.
The other reason, people who dont understand volatile can be very profitable, then they just afraid of volatile.
However its their choice.

[Quinrock]

Maybe they afraid to the Bitcoin because of the bad issue heard from other people saying Bitcoin is a scam. I believe in Bitcoin my friends introduce it me to I saw the potential earning and it's is not hardful to believe in Bitcoin just give a trust.

[ipanks]

Maybe they afraid to the Bitcoin because of the bad issue heard from other people saying Bitcoin is a scam. I believe in Bitcoin my friends introduce it me to I saw the potential earning and it's is not hardful to believe in Bitcoin just give a trust.

they cannot manage their emotion to see the bitcoin price is changing from time to time and they are too worried that they cannot make any profit. but if they can learn and they can read on any news in the sites, they can see that this is their opportunity to buy at low price and sell at the high price although the high price is not really high, at least we could still make a profit from the difference of the price. so I think we don't have to think about people that still afraid of bitcoin because it is their decision to join with bitcoin or not.

[Rayver26]

It's simply because they don't know what Bitcoin is and they think that Bitcoin is a scam. Of course we can't blame them since there are a lot of scammers online, so they are afraid that they might be scammed. But If someone will give them the accurate information about what Bitcoin is, I'm sure their thinking about Bitcoin will change. And they will join Bitcoin.

[dknight456]

besides negative news, I think they see the price reaches $19k and then the price suddenly drops to $8k and it stay at that level of price for a long time but now, the price is starting to increase again. and if they can analyze about bitcoin, they can see that the price always changes in every time and the price will be back to the high price after it's dropped. besides that, they don't have to believe for any news that is not true and it is better for them to make their own analyze so they could know what will happen with the bitcoin.

[millionaireshs]

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 ..........

Commonly it is because of its stability issues. Unlike those traditional money cryptos are volatile making it risky. But if you are wise in handling cryptos, you will probably succeed.