Why are they afraid of bitcoin?

[Fairy_90]

The legal status of passwords varies from country to country and has not been defined or changed in many countries. Retail investors and other secret investors are aware of the gimmicks and criminal activity in the industry. If an advertiser guarantees profits, if the opportunity is good to the point of being dishonest, or If you are under pressure to act quickly, pay close attention and be aware of the risk that your investment may be lost. Anyone who thinks about investing in Bitcoin or other cryptocurrency must be very careful. Their values ​​are volatile, with the ability to fall as fast as they shoot. And investors are constantly hit. Worked by hackers and other criminals who seek to steal their money online crypto-cash. Especially careful if you are using direct platforms, peer to sell and buy secrets.

[Ghayoor]

The first thing that comes on my mind on why they are afraid especially the government due to the fact that the transactions can be seen by the public so meaning corrupt officials cannot bank the money that they will get and also one of the reason is others cannot adapt the innovation of technology.

before bitcoin there were some other crypto who were not good and now people are scared from bitcoin they think bitcoin will be same like them but its not true bitcoin is very safe and sound.

[genset88]

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 ..........

Bitcoin created a long time ago but only to be known more in 2012, there have been many successful people with virtual currency, and they consider these currencies as their salvation and main income, But there are many people who are at risk due to investing in Bitcoin, so they are afraid.

[evdoksi]

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 ..........

In developing countries people still prefer to use cash. Forget about cash, they do not even use facilities like online banking.

[boy130]

In developing countries people still prefer to use cash. Forget about cash, they do not even use facilities like online banking.

That's true, a lot of people claim that bitcoin is a huge deal for developing countries that are experiencing hyper-inflation or corrupt governance, but they also neglect to acknowledge that these countries typically have incomplete access to the internet, or even electricity in general. They forget to notice that it is difficult to acquire bitcoin in the first place using their native currency due to its weakness.

[fianaindriati]

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 ..........

they may be afraid of bitcoin, because they are not familiar with bitcoin and they are afraid of the negative things that have been spread among the community.

[Moneypham5]

The Bitcoin market is a relatively new investment market for people all over the globe, the way it is invested and how it works is different from other traditional investment channels. . Many countries and organizations still have a lot of suspicion about Bitcoin, along with tightening policies that go along with it. The market and prices of Bitcoin are still volatile, but bitcoin copper policies are still changing. On the other hand, because Bitcoin is handled directly over a computer network, it is very easy to create criminals for identity theft. Not many users. The fact is that people, especially those who have not developed much and are not as typical as Vietnam, are accustomed to using currencies, gold and silver. They also do not know much about electronic money. Besides there are many well-known newspapers have negative posts on this currency so people are very cautious and have many worries, afraid to lose money when using Bitcoin. Bitcoin prices fluctuate. . You can check Google for currency fluctuations. Or, at times, it's going to go up, down, and swing. The fluctuations in the world that affect the electronic currency can cause Bitcoin prices to fluctuate in real time. It is like a continuous ups and downs depending on market fluctuations.

[judemarco1996]

since that bitcoin is a volatile currency, they say that bitcoin is bubble since the future of the bitcoin is uncertain. But for me, I will invest in bitcoin since there is a lot of people still believe in this new currency

[serverus]

People find it risky since its value change frequently. There are lot of option to invest in. Your investments are not always successful so better scatter it from different option. Bitcoin is not only option, there are lot of altcoin that offers good profit. You can also enter stock market or even business

[Crash21]

I think that they are not afraid and hiding their real opinion about bitcoin. Maybe they are farming bitcoins/altcoins and just trying to stay away from other people.

[gaurav82]

Bitcoin is new for world and not issued by government. So it can cause of afraid. But I think the trust of people is increasing with passing of time. One day their afraid may finish.

[Itjoker]

Why they should afraid bitcoin? When they can just make huge profit on it. I think they are not afraid it, but they (or conglomerates of banks, financial institutes, governments) would manipulate with it through their big capital.

[Roboabhishek]

many businesses in the online world are fraudulent and therefore they think the bitcoin business is an online business that contains elements of fraud but in reality there is no fraud element at all in bitcoin and even bitcoin often gives big income

It's just their insecure behavior which is stopping them from adopting the bitcoin or any other crypto, A thing that a particular cannot understand he/she terms it something related to scam or fraud that's just how human behavior works in business at least.

[RiskySanchez]

Why they should afraid bitcoin? When they can just make huge profit on it. I think they are not afraid it, but they (or conglomerates of banks, financial institutes, governments) would manipulate with it through their big capital.

especially a lot of blocking bitcoin in some countries, and many speculations have argued that such action is to avoid inflation crypto currency against the currencies of nations that will probably dominate the country's economy

[Keeminakar]

Often, negative opinions about bitcoin and fear of it are associated with a lack of understanding of how it works. I do believe that bitcoin was conceived as a currency that would help our world develop, not harm it.

[boddy.dy]

Yes this is for real even bitcoin is how many years establish and giving good profit to others still many people are afraid of bitcoin. Well we cannot force them to be with us or to believe in bitcoin because choosing bitcoin is not that easy because this really need an open hearted acceptance. Surely if you will be with bitcoin and you are not prepared or ready with the situations that might be encountered you will just lose your money. And that is one thing that is why still many people are afraid of bitcoin because they are afraid that they might lose their money if they will invest here.     

[wormgummy019]

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

In my own opinion, they are afraid to invest their money in bitcoin because there are some people who scam the investments of the investors. And I also think that they are afraid in bitcoin because there are some people who spread a fake news about bitcoin like bitcoin is dead. So don't believe in them. Trust the power of bitcoin.