Why do many people who don't know bitcoin denigrate and attack bitcoin?

[etron]

try you notice a tree (coconut tree) he grows from a little longer he continues to grow tall and taller and the wind blows him very hard but he is not easy to collapse because a lot of roots that sustain him to thousands / millions of roots, as this is the bitcoin the more triumphant the more people who underestimate and insult bitcoin so to face the rumors you do not panic because this is a bitcoin glory.

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[htmcoin]

Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?

I do not have to know the trick of blockchain or bitcoin (in fact, I know a little about it), and I can tell if bitcoin is a scam: maybe you can use it to buy a cup of coffee or compassion, but it can not be used to pay taxes. The Chinese government only accepts RMB, and the U.S. government receives only U.S. dollars. As long as it can not be used to pay taxes, it can never become a law currency.

[Kakmakr]

Oh, there are many reasons for that :

1. The competition wants it to fail. <Banks / Remittance services / Other Alt coin supporters> They even pay people to shill against Bitcoin on public platforms.

2. Fear of the Unknown. People are just human and we have built in mechanisms to protect us from the unknown. Most people will go in attack mode, when they are presented with something unknown.

3. Arrogance : A lot of people are just arrogant. Those people acting like teenagers that always know better. Even when they know fckAll about the subject.

4. Jealousy : The people who got in late or who were to scared to take the risk and who are butthurt now, because they lost out on a opportunity. Now they shift that negativity onto Bitcoin for their mistakes.

5. People who invested, but got burnt - Failed Ponzi schemes / Panicked too quickly and sold at a loss / Exchanges that got hacked, like MtGox etc.  

6. Price Manipulation : People use public forums to manipulate the price. Posting FUD to create panic and then to buy when the price goes down and visa versa.

[krishnapramod]

When some economists attack Bitcoin with tulip mania, it's because they apply economic theories, empirical and theoretical studies, but Bitcoin is quite different from existing models, a combination of cryptography, economics, and game theory and they don't expect to see a paradigm shift through Bitcoin's economic model.

When some banksters attack Bitcoin with fraud, it's obviously their lack of control over Bitcoin makes them feel threatened.

When investors like Warren Buffet call Bitcoin a mirage, it's basically their lack of understanding of a new technology or their reluctance to accept something new.

And then there are attacks/FUD purposefully planned not because of any economic model, feeling threatened, or technology, but solely for monetary gains.

Leave aside banksters, but I wouldn't say negative statements against Bitcoin by economists are always meant to be an attack on Bitcoin, at times there is some constructive criticism.

[MisterPrada]

Exactly. We're here so far down in the weeds talking about LN, atomic swaps and layered solutions - and John & Jane Doe are just now learning about this "Bitcoin thing". We're way overestimating the ability of the average punter entering this space and their care factor about the BTC/BCH war. They'll look at the market caps, see that Bitcoin is blowing the rest of the competitors out of the pool and drop their hard earned cash down on the safest, most well known and most recommended crypto out there.

[Shamie1002]

Let me compare it as a antigen that are present in a vaccine that enters the body.
Vaccines are introduced to the body to be immunized by the specific antigen in order to avoid being sick the next time he or she is exposed to the disease itself. In short it is made for a good cause.
Bitcoin is the antigen which is created for a good purpose, but before it acts freely to provides good, it is known as danger.

But I know it will be accepted in the future to provide its purpose.

[bitcon]

try you notice a tree (coconut tree) he grows from a little longer he continues to grow tall and taller and the wind blows him very hard but he is not easy to collapse because a lot of roots that sustain him to thousands / millions of roots, as this is the bitcoin the more triumphant the more people who underestimate and insult bitcoin so to face the rumors you do not panic because this is a bitcoin glory.

Honestly I do not care about these people and do not pay attention at their arrogant sayings. I suppose they are jealous. They simply cannot stand the idea that somebody can earn 10-100 times more than they do, and earning this person can stay home, without spending gas to go to his workplace.

[9emb3lelit3]

I think people like that are monotonous in their lives, and always dependent on others, and people who do not dare to work independently.

[masterchief001]

Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?

Right! Many people do not know that they are attacked bitcoin and I attack bitcoin. Because no one knows how to steal personal accounts. That is not easy. Most bitcoin is often hacked by famous hackers.

[Jetakenare]

People are afraid of new things. It's that simple. One hears excuses like its not physical, how can it be real? I think that in time and with proper education, bitcoin and actions will become the thing of the day. Look at the internet,mobile phones, etc all these were looked at as things that would not last but.......

[usechain]

Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?

I do not have to know the trick of blockchain or bitcoin (in fact, I know a little about it), and I can tell if bitcoin is a scam: maybe you can use it to buy a cup of coffee or compassion, but it can not be used to pay taxes. The Chinese government only accepts RMB, and the U.S. government receives only U.S. dollars. As long as it can not be used to pay taxes, it can never become a law currency.

Yes, bitcoin does not need to pay taxes. It is a decentralized and anonymous transaction, it can not become a legal currency not because it does not pay taxes, but because it threatens the state's power. But I think we will be more in the future. Democracy, Bitcoin still has the potential to become legal currency.

[entrepmind23]

Why do many people have the courage to denigrate and attack bitcoin if they don't even know its fundamentals and blockchain knowledge? Humans have been looking for solutions to the credit problem for thousands of years, until today's national credit currency, but now a solution that combines the internet with decades of cryptography and so on, and some people don't recognize it, and go around denigrating and attacking bitcoin,these acts seem shameful and stupid to me,I do not know about you how do you think?

This is just the nature of people wherein we tend to raise our guard when it comes to things that are new to us and it is up to us whether to act positively or negatively upon it. Most of the people who act negatively have either negative experience in the previous happenings that involves money and just cautious about it. Media also has a big influence on how people think about something and since almost all we can see in television or read in papers is about bitcoin being used in illegal activities or have no future according to bankers then it would largely influence them on how they perceive bitcoin. Those who has positive views about bitcoin may have someone they knew that has a good experience about it.

[Abigale123]

This is normal, people are unfamiliar things, the first reaction is to reject and exclusion, the future when the BTC is more prosperous, the acceptance will be increased

[ajjhu]

People dislike something is often not justified, the reason can find, no matter what, Bitcoin is a blockchain application, people will only say that it is a virtual, no real effect, but you speculation worth . But even if they know that Bitcoin is denied even by the most basic concepts, they do not need to bother with these people at all.

[Pleione527]

Maybe because people are afraid after experiencing trauma from different ponzi scheme as we all know there's really lot's of illegal activities that surrounds us and if we are not careful enough chances are we can be victim and lose our money. Many people are still not confident about bitcoin and still believing that it is illegal and sort of bubble that after hitting the market it will just blown out and lose its value.

[lvincent]

Just like what you said those people don't even know a thing that's why they're attacking bitcoin and that's why they don't trust bitcoin like us who believe and know a lot about bitcoin..

[dewi91]

Yes I can see a lot of people attack bitcoin like those who know best about bitcoin. I think that's also happen in here, in the past a few people ignore bitcoin and thinking bitcoin is nothing and then they are realize that bitcoin has many advantages and now they are crazy about bitcoin.

[Yakamoto]

Just like what you said those people don't even know a thing that's why they're attacking bitcoin and that's why they don't trust bitcoin like us who believe and know a lot about bitcoin..

Well, there's a fair amount of people that would have reason to not trust Bitcoin. Attack it and be generally dicks about it? No, but it does give some motivation as to why they would have a desire to discredit Bitcoin in the ways they do. There's also a lot of people who have lost money, and in some cases a LOT of money, due to market volatility, and that results in them having a dislike or even hatred for Bitcoin. It doesn't always make sense but people aren't really that sensical most of the time.

[Ewox]

I think mostly the reason why these people are attacking on bitcoin and judge it is because some of these people are ignorant. And sometimes these people are close-minded when it comes to new technologies or anything new brought to the table. This is my impression for these type of people its because I do have family members who are like this, they don't see it as a positive advantage instead they think these digital currencies won't last a decade. And I don't feel bad about what they said and make sure I educate them in my spare time.

[bunca]

This is a normal phenomenon, and the first thing people do about a stranger thing is to resist it. They will not harm their own interests. Moreover, bitcoin is forbidden to trade in some countries, so the image of bitcoin is not good in some people's knowledge. Therefore, the practice of bitcoin is vilification.