Why are some individuals hostile to Bitcoin?

[MrcMrc]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

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[Zedpastin]

People are hostile to things that they do not have the courage to invest in or do not have the funds. Most hostile is because they are jealous either they are jealous that you have the courage to invest in it or they are jealous that you have the money to invest in it. I have not yet met any one that has legit reasons to be hostile to Bitcoin. How can you be hostile to something that is trying to set the common person from its handcuffs? You cannot instead you have people who have other motives like wanting fiat to succeed because their institution relies on fiat to succeed like banks or you have people that are jealous.

[Hamphser]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Can be both!

You dont know if those are just personal views and opinions or just simply they are commanded or been paid up to do so.You know that you cant really please everybody even though Bitcoin is something revolutionary in terms of payment system which it do talks about no 3rd party involved or simply decentralized.

On general sense you could eventually say that this is really a good stuff but there are people who do really hate up specially the government itself.Everything which isnt centralized is really not their taste.

You could really expect those negative thoughts and words against bitcoin and honestly im not really surprised into those after all the years we've been here.

[Zedpastin]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Can be both!

You dont know if those are just personal views and opinions or just simply they are commanded or been paid up to do so.You know that you cant really please everybody even though Bitcoin is something revolutionary in terms of payment system which it do talks about no 3rd party involved or simply decentralized.

On general sense you could eventually say that this is really a good stuff but there are people who do really hate up specially the government itself.Everything which isnt centralized is really not their taste.

You could really expect those negative thoughts and words against bitcoin and honestly im not really surprised into those after all the years we've been here.

Governments have regulated it banned it and declared it as legal tender saying governments dislike it is not accurate because it depends on the government. Governments seeking to control its population like China are the ones that ban it but they ban everything from their citizens. Governements like the USA regulate it and then you have other countries declaring it as legal tender.

[TimeTeller]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Can be both!

You dont know if those are just personal views and opinions or just simply they are commanded or been paid up to do so.You know that you cant really please everybody even though Bitcoin is something revolutionary in terms of payment system which it do talks about no 3rd party involved or simply decentralized.

On general sense you could eventually say that this is really a good stuff but there are people who do really hate up specially the government itself.Everything which isnt centralized is really not their taste.

You could really expect those negative thoughts and words against bitcoin and honestly im not really surprised into those after all the years we've been here.

I believe some are not well-versed with the bitcoin technology. So they hate what they don't know.
Or some are somewhat threatened by how fast the adoption in crypto is growing.
And they feel that it is a competitor of their business.
But I think it is more on the insufficient grasp of the technology of bitcoin.
Maybe if they start transacting in bitcoin, they would understand its benefits and stop hating it.

[batang_bitcoin]

Either. It is common to see bankers that are against bitcoin because it is not regulated by the central bank or the government. And in that case, they'll choose to side with the regulators other than this new piece of technology to them that are highly volatile. We cannot blame them as they've been making sure of the profits that they might get and if there's a volatility involved, they'll have to study it first before they get in. Well, if it is the opposite and we see the bankers and other institutions that are likely less to adopt bitcoin started to announce that they'll also be investing in bitcoin, well, those are the typical news that we want that comes surprisingly.

[stomachgrowls]

The world would be a better place if everybody would really agree on the same thing but this is something which is impossible to happen.Just as mentioned above that it would neither be paid or person opinion or totally illiterate on new things or innovation which they do hate it up directly with tending to make out some research before making any comments.There are people which are way too fast on making judgement without
even doing with the basic research which he do make out himself to be a clown or total troll into the eyes of those who had supporting Bitcoin.

There would be always those people who would really be looking negative about Bitcoin but wont be surprised if sooner or later then would really make out some u-turn.

[Tim-BTC]

When human beings criticize what they don't understand, they always seem ridiculous.

How did those who conditioned their reflexes and said it was a scam when they heard about Bitcoin come to this conclusion?

Can they discuss the process of the agreement from a technical level?

Can they explain the application of BTC from the transaction level?

Can they predict the impact from a personal life perspective?

Or can they explain the significance of the public chain to the country from the perspective of GDP more broadly?


In the end, the opponents just have no respect for professionalism and no learning spirit. They googled some concepts and thought they had mastered the truth of the universe.

[Ausgewielt]

I saw so many people become poor in America because they play bitcoin. I mean they consider bitcoin as gambling tool, this is very bad. Those people become very poor and sleep on the street at night in cold. This is a big mistake that done by them, this can be bad advertisement for bitcoin. Maybe those people who against bitcoin are saw those people who sleep on the street. However it is not bitcoin fault. People responsible for themselves, as far as I now gambling is always make people poor. In my opinion, if we want to invest in bitcoin then we should not consider it as gambling tool, we should have knowledge about cryptocurrency that we will buy. There are many people who doing day trading only based on luck, it is gambling. I think gambling mostly make people become poor. Bitcoin is not a gambling, I consider it as a currency and investment, I always get profit from bitcoin only by holding it. What I did is buy and sell in correct time.

[Dave1]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

Who are those individuals? I reckon that they are the old and traditional fart investor.

Yes, and that's why they hated bitcoin or crypto for that matter, because they are bankers, and they view bitcoin as a threat rather than an alternative to the current financial system. Of course, they would love to take advantage of blockchain technology, but bitcoin itself? Nah.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Simple, they don't want to be disrupted, they have been in the business for centuries and they are making money that way.

[Roy Asher]

One of the major goals of Bitcoin is to become a new currency in the digital age. Bitcoin is now accepted in more and more fields, and the transaction attributes of Bitcoin itself and its potential for value-added are sought after by many new generations of investors. But Bitcoin is not under supervision. Compared with banks that are strictly regulated by the government, they have a strong competitive advantage. This is the reason why banks are the most nervous. Once more people start to hold and accept Bitcoin and use Bitcoin for transactions , It will make the flow of funds outside the banking system a big blow to the banking industry.Therefore, it is very common for bankers to oppose Bitcoin. They will stand on their side and stand on the same front with the government. No one will choose to lose their own interests.

[MIldic1c]

For most people, there is no ability and energy to evaluate one thing in detail. Even if there is, it is from a different standpoint, so the conclusion is different. Those who stand on the opposite side of Bitcoin will naturally choose to criticize Bitcoin, because Bitcoin is Development should affect the development of their fields. The emergence of new technological innovations will naturally have an impact on traditional industries. This is normal, but for them, Bitcoin is a competitor and will naturally not support Bitcoin.

[so98nn]

I think the comparison between two systems, that is traditional banking and the newly developed blockchain based tech should be off the table by now. I think all of us should get that it's impossible to replace the entire banking system at this point considering how they have been deep rooted throughout the world, with millions of employees working to keep the system active and banker running.

This fact can not be changed now. They could use the blockchain as their platform to run the secure operations but that could take up another level of programming to shift.

So let's accept that we live in modern world with "choices". If you love banking then be a banker, if you love crypto, then be "crypto-er"

[pooya87]

The reasons are different for different people.
The banksters and generally speaking those who feel threatened by bitcoin's existence are usually at the front line of the hate speech against bitcoin. They are afraid of suddenly becoming obsolete the same way steam engine made a lot of jobs obsolete.
There are also another big group that are at the front lines who are those traders who lose money when bitcoin price goes up. For example those who had short positions worth a lot of money that made them go bankrupt just because bitcoin price went up. So now they wish to bring the price down by their FUD to cover those losses.

[RILWAN]

[/sub]

specially the government itself.Everything which isnt centralized is really not their taste.

You could really expect those negative thoughts and words against bitcoin and honestly im not really surprised into those after all the years we've been here.

The primary reason there is so much hate for bitcoin is because, most of this bitcoin haters have not really taken they time to study and understand Bitcoin, another second factor why some people/government kick against bitcoin is they inability to control bitcoin as they control the faint currency government can never welcome what they can’t control or regulate.

[bbc.reporter]

People who are hostile to bitcoin are those same people who did not understand it, did not invest in it or do not consider it to be a technological innovation. There are some people who have begun to understand it but have also begun to support another coin more vocally hehehe. Is this support hostile to bitcoin?



Mark Cuban says dogecoin is the ‘strongest’ cryptocurrency as a medium of exchange

“It’s a medium that can be used for the acquisition of goods and services,” Cuban tells CNBC Make It. “The community for doge is the strongest when it comes to using it as a medium of exchange.”

In April, Cuban tweeted that dogecoin is the “one coin” that people actually use for transactions, though he has previously said that ether is used as digital currency too.

Source https://www.cnbc.com/2021/08/13/mark-cuban-dogecoin-is-the-strongest-crypto-as-a-medium-of-exchange.html

[Wexnident]

Can be any reason tbh. It's kind of hard to specify why others "hate" on Bitcoin since there are a multitude of reasons possible, but the simplest explanation for the hate is that they simply don't agree with what Bitcoin is. Simple as that. It may be due to the number of scams that have happened due to it (stupid reason yes), its volatility aspect, its decentralized aspect etc, all of those can be summed up by what I said earlier. They may or may not understand it at its core, but nonetheless, they refuse to accept it as it is and honestly, there's not even a reason why we should bother to know why someone hates something. That's just how humans are, they hate something cause they hate it, like cause they like it. Even explaining stuff wouldn't work, even people who understand Bitcoin could hate on it after all. Agree to Disagree.

[flip4flop]

Much of the hate comes from a general lack of understanding or a perception that the hype makes it just a meme that is worth nothing. In the boomer's eyes if the price can rocket up 40% on a tweet from someone it's not something to take as aserious investment. From that standpoint, it does make it harder to push adoption if you have 10-20% swings in something that is supposed to be a type of currency. On the flip side if the governments end up controlling too much it will just end up like another trading item on the FOREX market that is controlled by large instititutions. It is hard to want either of those outcomes.

[noorman0]

A person's sentiments are largely influenced by socialite factors. If that person is in an anti-bitcoin environment, the doctrine that will be accepted every day is negative information. Moreover, the environment can clearly give the description that bitcoin will threaten business or life.

Speaking of bankers, the decentralized financial system is very difficult to control. Bitcoin implicitly wants to eliminate 3rd parties (middlemen), of course we know who is the most conspicuous intermediary in traditional finance. Bankers may be able to adopt cryptocurrencies, but blockchain basically includes all the banking features and some of them that customers want are against banking system.

[Samandra]

Bitcoin has a certain technical threshold, so it will be more difficult to be recognized. In the information age, this difficulty will soon be eliminated by those who understand technology through learning, so there will be two people who have completely opposite views on bitcoin. One believes in Bitcoin, the other does not understand the basics and firmly opposes bitcoin.

For many government agencies, bitcoin reduces their interests and challenges their fundamental value system and the foundation of survival.

[Tessnik]

I have a similar opinion with you on this, there are two classes of people in this 21st century era those that understand the technology and are taking advantage of it and those that are ignorant of the advantages of technologies such as bitcoin and blockchain technology. the bank will never support bitcoin or decentralized financial technology which is possible through the blockchain.

[Dhaniii]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

it could be that with the presence of bitcoin a lot of rich people no longer keep money in the bank, in general they start investing in bitcoin, so the level of bank financial hoarding has begun to decline. because one of the tasks of the bank is a place to hoard people's money. the second may be people who hate it because they want to join bitcoin but are stuck in the bitcoin growth system.

[Desyationer]

Because I didn't buy bitcoins in 2011, and I could have bought 10,000 bitcoins in 2011, but I wasted money like a lot of people like me. Now I do not even have 0.0001 and I am afraid to buy now, because it may fall, it is not clear whether it is a peak or there is still a flight ahead.

[LimLims]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Yeah OP, whatever the reason you stated it’s worth mentioning.
But i see something different in my side.
I have seen mostly old people who doesn’t understand the concept of Bitcoin and Cryptos hate it.
I know people have their own choices but it doesn’t mean what you don’t understand is always to be bad.
Moreover i have also seen people hating Bitcoins due to it’s anonymous feature.
Let’s see what the rest of the community says on this matter.

[Kong Hey Pakboy]

It's simple, they're ignorant and bitcoin doesn't align with their current beliefs and fundamentals that they were taught in their life so they have a hard time being accepting of new ideas. Plus, they probably heard the bad parts in bitcoin so they have a hard time believing that it can be used for good.

[iTradeChips]

In my own opinion, basing on what I have observed and read in the past, the reason behind the hate is agenda. These people and corporations that are against bitcoin is not voicing their opposition because of the technology, but because they have their own self interests behind the opposition. Even though these people are billionaires and can easily participate in cryptocurrency, they might have vested interests in traditional investments and banking and don't want cryptocurrency to undermine traditional ways of making money.

[Shenzou]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

You answered your own question, most of the ones that are talking negative about bitcoin are the ones who have interest in its competitors, whether they are bankers or brokers or just normal people who have money invested in stocks, bitcoin and crypto has grown rapidly and they have became the number one investments, and since its volatile it is easier to make profit from it and that made people invest less in stocks and more in crypto, so thier only option is convince people that bitcoin is bad.

[mrongoz_imut]

The bankers are concerned that the growth rate of the crypto market will have a serious impact on their operations. Banks seem to be battling cryptocurrencies to slow their growth rate. Many banks have recently banned their customers from buying cryptocurrencies with their credit cards. This is an important step to slow down the growth of the crypto market. The reason is that they are afraid of competition.

[Zedpastin]

The bankers are concerned that the growth rate of the crypto market will have a serious impact on their operations. Banks seem to be battling cryptocurrencies to slow their growth rate. Many banks have recently banned their customers from buying cryptocurrencies with their credit cards. This is an important step to slow down the growth of the crypto market. The reason is that they are afraid of competition.

I have not seen many banks being hostile to Bitcoin I have see banks saying that they will accept Bitcoin and allow cryptocurrency transactions using their bank accounts. I think banks being hostile to Bitcoin is a myth. There are banks which do not allow cryptocurrency transfers but I think this is because of safety of their customers and not because Bitcoin is a threat to them.

[ancafe]

however, this is a matter of competition. I'm pretty sure that when the government doesn't make regulations, bitcoin will become a rival to Fiat. in fact, the effect is quite large for the country, and it also happens to the individual.
after all, quite a lot of people hate bitcoin simply because of the lack of interest in the business he started, or even to the point of losing money. this usually happens to banks or things related to investment. In addition, apart from the issue of business competition, this also happens to people who get losses from investing in bitcoin because they are in a hurry.

[Freezingel]

There are a lot of people like that, even i know some people that don't like and believe in bitcoin. From what i summarized, the reasons from them are mainly because they don't understand bitcoin well enough. Why should they use or buy coins with no real form using their real money? They just don't believe in the concept of digital currency. Some also don't want to get involved in this matter due to religious reasons, like saying it's haram and such. Other than that, they just don't understand bitcoin since it's too complicated for them, don't want to learn, and just think that it's cool to hate something popular. Sounds ridiculous i know, but it's true and happens.

[Meysa_richa]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

If the person or individual who hates Bitcoin has their own financial platform, it is certain that they hate Bitcoin because they are afraid that Bitcoin will become their competitor.  
But as far as I know most people who hate Bitcoin, are people who have suffered losses here, be it lost when trading or losing when investing.  
For me it doesn't matter, the important thing is that I stay live here and have a pleasant experience with Bitcoin.

[Theones]

The financial system of world is dominated by centralized entities like banks, insurance companies etc. Why they will welcome anything that is going to break there decades old monopoly? Bitcoin is empowering people by giving them authority of there money, its not the case in traditional banking system. According to world bank, around 2 billion people are not in banking system due to different reasons.
Thats why there is a continuous lobbing against BTC.

[hatshepsut93]

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

How do you imagine Bitcoin putting banks out of the business? It has 250k transactions per day which is close to its limit, and the world has hundreds of millions, or maybe even billions of transactions per day. Even with Lightning Network the capacity is not enough to open channels for enough users and the fees would skyrocket.

Banks generally don't care about Bitcoin, payment companies either. Most Bitcoin haters are just people who like to feel that they are smarter than others, and they think that this is what's happening when they are warning others about Bitcoin's "imminent collapse".

[swiftbits]

There could be a lot of reasons. These people got their passion for hate from a bad experience. It could be losing something from lack of understanding or losing from the technological advances and want to keep their power.

Some of them probably think they are helping others by sharing the disadvantages of bitcoin. If it's in my case, I won't be passionate about it cause if I dislike something, I won't waste my energy; I'll ignore it.

[huu78]

Of course they are anti bitcoin, moreover they are from traditional bank. They will not allow bitcoin to be legal tender. Blockchain systems are very much at odds with traditional banking systems. They won't be able to use other people's money to make a profit like traditional banks do. Maybe people don't hate bitcoin, but it's their job that forces them.

[MrcMrc]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Yeah OP, whatever the reason you stated it’s worth mentioning.
But i see something different in my side.
I have seen mostly old people who doesn’t understand the concept of Bitcoin and Cryptos hate it.
I know people have their own choices but it doesn’t mean what you don’t understand is always to be bad.
Moreover i have also seen people hating Bitcoins due to it’s anonymous feature.
Let’s see what the rest of the community says on this matter.

I know a whole lot of lies have been sold to people about the concept of Bitcoin and because of lack of understanding and knowledge a lot of people have been mislead by the wrong concept, But again the set of individuals I mentioned on the thread are the well knowledgeable and prominent individuals in the society.

[lalabotax]

We always know that everything in the world will be two: like and dislike.
People will like something, and others will dislike that thing.
So does Bitcoin. Moreover, Bitcoin is something that is very popular and influencing around the world, Bitcoin can change people life, from poor to rich, from rich to super-rich, but Bitcoin may also turn people from rich to poor
Everything about Bitcoin always involves value, issues, FUD, but also hopes and expectations there.

And many people who don't like Bitcoin are sometimes those who don't want the financial system in the world disturbed with the wealth of having BTC maybe. And because they also don't know what Bitcoin exactly.Moreover, they only know Bitcoin from media with the negative sides.

[Natalim]

We always know that everything in the world will be two: like and dislike.
People will like something, and others will dislike that thing.
So does Bitcoin. Moreover, Bitcoin is something that is very popular and influencing around the world, Bitcoin can change people life, from poor to rich, from rich to super-rich, but Bitcoin may also turn people from rich to poor
Everything about Bitcoin always involves value, issues, FUD, but also hopes and expectations there.

And many people who don't like Bitcoin are sometimes those who don't want the financial system in the world disturbed with the wealth of having BTC maybe. And because they also don't know what Bitcoin exactly.Moreover, they only know Bitcoin from media with the negative sides.

Exactly. Mostly, those people are already close minded when it comes to bitcoin because they have been used already using traditional system so there's no way bitcoin will take its position.

I believe those people don't even know bitcoin exactly, how it will be functional and the high price that is associated in it. All they know is fiat which is in accordance with their old system.

[worldofcoins]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Recently I saw a video of Dan Pena a Billionaire guy, he said bitcoin will crash when it was somewhere around 4000 USD value.
But what happened is bitcoin started making its move  and reached the 60,000 USD mark, I'm sure people who listen to him are regretting their choice of not even having the opportunity because they fixed their mind on what someone said,

It pisses me off that how much influence these rich people have and don't think about their actions, it's like saying something just for the sake of the satisfaction of public approval is more important than what they actually say.

[Oceat]

We always know that everything in the world will be two: like and dislike.
People will like something, and others will dislike that thing.
So does Bitcoin. Moreover, Bitcoin is something that is very popular and influencing around the world, Bitcoin can change people life, from poor to rich, from rich to super-rich, but Bitcoin may also turn people from rich to poor
Everything about Bitcoin always involves value, issues, FUD, but also hopes and expectations there.

And many people who don't like Bitcoin are sometimes those who don't want the financial system in the world disturbed with the wealth of having BTC maybe. And because they also don't know what Bitcoin exactly.Moreover, they only know Bitcoin from media with the negative sides.

Exactly. Mostly, those people are already close minded when it comes to bitcoin because they have been used already using traditional system so there's no way bitcoin will take its position.

I believe those people don't even know bitcoin exactly, how it will be functional and the high price that is associated in it. All they know is fiat which is in accordance with their old system.

I would say it always depends on their motives, it's either they were just acting it up on their own because they feel threatened with the existence of Bitcoin and others may have been paid to play the role as a Bitcoin haters because someone out there is trying to manipulate the market or they just simply hate it because it's unregulated and risky to invest or someone just failed to gain profit due to the unpredictable movement of the price.

The factors of the list is ongoing for their motives and I believe mostly of them doesn't actually understand the blockchain network or how Bitcoin works.

[Quidat]

We always know that everything in the world will be two: like and dislike.
People will like something, and others will dislike that thing.
So does Bitcoin. Moreover, Bitcoin is something that is very popular and influencing around the world, Bitcoin can change people life, from poor to rich, from rich to super-rich, but Bitcoin may also turn people from rich to poor
Everything about Bitcoin always involves value, issues, FUD, but also hopes and expectations there.

And many people who don't like Bitcoin are sometimes those who don't want the financial system in the world disturbed with the wealth of having BTC maybe. And because they also don't know what Bitcoin exactly.Moreover, they only know Bitcoin from media with the negative sides.

Exactly. Mostly, those people are already close minded when it comes to bitcoin because they have been used already using traditional system so there's no way bitcoin will take its position.

I believe those people don't even know bitcoin exactly, how it will be functional and the high price that is associated in it. All they know is fiat which is in accordance with their old system.

I would say it always depends on their motives, it's either they were just acting it up on their own because they feel threatened with the existence of Bitcoin and others may have been paid to play the role as a Bitcoin haters because someone out there is trying to manipulate the market or they just simply hate it because it's unregulated and risky to invest or someone just failed to gain profit due to the unpredictable movement of the price.

The factors of the list is ongoing for their motives and I believe mostly of them doesn't actually understand the blockchain network or how Bitcoin works.

Getting paid or totally personally hate bitcoin on some aspects, it is really just having those kind of reasons on why some people are really hostile to Bitcoin and we cant really avoid that.
There would always be those issues that would be raised up and there would be those things that could be read up negatively even though Bitcoins existence is something revolutionary
and does really give out benefit not only on payment system or utility but also with the earning opportunity that it gives.

[Hypnosis00]

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Some of these business owners are into thinking that Bitcoin is competing against them like if you are in the banking business, money transfers, that is absolutely what they might see. I know they have some reason as people who are in using Bitcoin can no longer use their services and that much more if all establishments are accepting cryptocurrencies already. They don't want to file bankruptcy and so they protect their reputation as well.

Well, I can't blame them either, but that is how the development goes, sometimes there is someone who feel bitter and get hurt.

[lightning0]

Many people prefer to believe that the government and the central bank control the currency, thinking that only government funds are legal and feasible. Bitcoin decentralization is not under the control of the government and central banks, and they may think that what they cannot control is terrible and is not good for the existing traditional financial system.
Their lack of technical knowledge combined with monetary theory may lead them to draw negative conclusions about Bitcoin and have a negative attitude towards Bitcoin.

[BIN-BIN]

The major attacks on Bitcoin are from either the bank’s executives and the government this is so because these two entities are the only sectors that see bitcoin and cryptocurrency as opposition and threat to their existence. The government seeks to take over or regulate Bitcoin for its gain while the bankers feel Bitcoin will put them out of business.

[jamkesmas]

People who are hostile to bitcoin are those same people who did not understand it, did not invest in it or do not consider it to be a technological innovation. There are some people who have begun to understand it but have also begun to support another coin more vocally hehehe. Is this support hostile to bitcoin?

Yes, it's basically like that, they hate bitcoin because they don't understand and don't know the offers that bitcoin has to offer, but lately there are also individuals or investors who invest in bitcoin, they take advantage to hate bitcoin and issue FUD news when they want to enter the market to can make big profits, when the price of bitcoin drops, as Elon Musk once did.

[Woodie]

I think it could be fear of the unknown but am certain they would love it if they knew what bitcoin is all about.

Another reason  could  be some individuals would be protecting their interests they have in other assets say Gold which they see bitcoin to be threat to their investment, hence the hostility.

Sometimes I think its beyond their control because of governments view and regulations in place.

[sapnu]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

One of their reason behind could be because they are too ignorant on what bitcoin can do with their lives. It can also be because they once had a bad experience or ended up losing a lot of money from it and they didn't bother to try again so they are trying to pull other people down with them. It can be rational too if their reason is threatening their business but no matter how hard they try to persuade other people to stop patronizing bitcoin, it won't be possible because bitcoin's influence will spread continuously over the years and it will get enough recognition someday to be considered as a legal currency.

[isaac_clarke22]

~

Some of these business owners are into thinking that Bitcoin is competing against them like if you are in the banking business, money transfers, that is absolutely what they might see. I know they have some reason as people who are in using Bitcoin can no longer use their services and that much more if all establishments are accepting cryptocurrencies already. They don't want to file bankruptcy and so they protect their reputation as well.

Well, I can't blame them either, but that is how the development goes, sometimes there is someone who feel bitter and get hurt.

It is just how some business run sadly. They need to destroy other stuffs out of their control through either FUDs or just simply throwing out random stupid arguments just to trigger a lot of people.
Too bad that they cannot even do single crap with their words from how decentralized Bitcoin is.
That is also the another point, they don't have the control to it that's why they go full retard.

[ven7net]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

It is likely that people who speak badly about Bitcoin do not want it to become a means of preserving and increasing wealth, as well as not being used as a means of payment. All this because BTC can harm their business or system and become a big competitor for them. BTC is like a counterweight to the current financial system, which means it is bad for people working for the system. For me personally, BTC is new opportunities for obtaining wealth and improving the quality of life, and therefore I am for BTC.

[Wawa2013]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

It is likely that people who speak badly about Bitcoin do not want it to become a means of preserving and increasing wealth, as well as not being used as a means of payment. All this because BTC can harm their business or system and become a big competitor for them. BTC is like a counterweight to the current financial system, which means it is bad for people working for the system. For me personally, BTC is new opportunities for obtaining wealth and improving the quality of life, and therefore I am for BTC.

It's clear that people who are hostile to Bitcoin usually feel threatened by Bitcoin's existence, therefore they will talk badly about Bitcoin. Usually
people who invest large sums in other assets, or people who do support the banking system will feel Bitcoin can compete with them. Whereas if
people who are hostile to Bitcoin can be open-minded and look at Bitcoin from the positive side, there should be no reason to reject Bitcoin. Because
I also feel the many benefits that I get from Bitcoin, and my economy has also improved since investing in Bitcoin. I think people who are hostile to
Bitcoin will definitely regret it in the future.

[Dread Pirate Roberts]

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

lack of knowledge and information about crypto or bitcoin that gives them such assumptions. Even people who are considered expert economists when asked for views on crypto but don't really understand about it some people are still dare to give the wrong education about crypto. the media like to provide sources who are only famous even though it is not their field. and that's what the media always do.

[yazher]

That's just how it goes for something they don't want to progress in the future but they can't do anything about it no matter how good they slander bitcoins, the public will always look for the truth and when the people know everything was only made to make bitcoin look bad, they started to consider to study and later on invest in it. As you can see, this is what happened to those big companies right now that are supporting bitcoins. back then they were hostile about it and don't want to get involved in any platform it offers but looks at them now, everything is clear to them and they became the number one supporter of bitcoin.

[carrigan]

I think those who hate Bitcoin because they are hard to control. Some people know that Bitcoin is hard to predict, so maybe some of them are upset about this. or maybe if they are jealous of people who have managed to make a profit with bitcoin while bitcoin haters are hard to get into. But if Bitcoin is banned in some countries I still don't really understand it. Because surely a country has its own reasons for deciding this.

[dark1234]

Cryptocurrencies are not yet widespread and now only a few types are known by people, but people are currently trying to compete to get them and make crypto more famous like the dollar. This makes the monetary authority, namely the central bank in a country increasingly threatened with its role due to the increasingly exploding prestige of digital currencies, so that inevitably some people who work or earn income from it create hateful opinions against bitcoin and they are sometimes embarrassed to join because of selfishness.

[qwertyup23]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Unfortunately, the people that are hostile to BTC are also the ones who invested during the ATH of it on the last quarter of 2018 then proceeded to sell it when its price dropped on the first quarter of 2019. Mostly, these people blindly invest into it without doing their research. They just ride the 'hype train' without even knowing what they are investing on.

There will always be hostilities against something innovative. As an analogy, some people were hostile and against the creation of vaccines. They tend to believe what others say without even conducting proper research on their end.

[Kasabus]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Unfortunately, the people that are hostile to BTC are also the ones who invested during the ATH of it on the last quarter of 2018 then proceeded to sell it when its price dropped on the first quarter of 2019. Mostly, these people blindly invest into it without doing their research. They just ride the 'hype train' without even knowing what they are investing on.
 
There will always be hostilities against something innovative. As an analogy, some people were hostile and against the creation of vaccines. They tend to believe what others say without even conducting proper research on their end.

There are really these people who are very hostile to bitcoin not because they don't know nothing about bitcoin, but because they are too confident investing in bitcoin that they tend to forgot the do's and dont's in bitcoin and made them become greedy so they end up losing their capital.

Perhaps the reason of their hostility is their unaccepted losses that until now they even hate bicoin more than they love it before. People like this should never engage into any kind of investment or else, they will keep on being mean on the reason of their defeat.

[bosede1]

Firstly, I will say lack of information or misappropriate information given or learnt about Bitcoin. I have heard a lot of people say Bitcoin is a gamble game and has dubious acts involve that is their own definition people in this cluster will carry this information with them anywhere they go and use it against it.

[DarkDays]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

I think Bitcoin to them is a threat to their current financial affairs. It is also something that most of these anti-Bitcoin advocates don't understand, and thus are afraid of.

And when talking to a mass of people they just tend to present only one side of the argument, like how Bitcoin is bad and scamming people etc, and not presenting how crypto and the blockchain technology that came with it already benefited a large number of people who were brave enough to embrace the digital coin.

[RILWAN]

Firstly, I will say lack of information or misappropriate information given or learnt about Bitcoin. I have heard a lot of people say Bitcoin is a gamble game and has dubious acts involve that is their own definition people in this cluster will carry this information with them anywhere they go and use it against it.

Well bitcoin has always been viewed and pictured as a bubble for a long time now but up till now the bitcoin bubble have not boosted, I think the major reason for the attack on bitcoin is lack of information and also the fear of bitcoin taking over the current financial system which is controlled by the central bank and the government.

[dificanovi]

Bitcoin is a digital currency created by a person or individual and the government cannot take over the power to control Bitcoin. Bitcoin is decentralized and free from government monitoring, I think this is what makes someone hostile to bitcoin because bitcoin is not regulated by the government so Bitcoin can be misused by someone for criminal acts.

[Crypto_lover97]

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[tulusikhlas]

Don't be surprised, because without them Bitcoin could not have been known so far? without them Bitcoin would not be loved by its users, without them Bitcoin would not have a price of this magnitude. The fact is that they are like that when they try to undermine it, but behind that, we are more sure that the more people who think badly of Bitcoin, it means that Bitcoin is getting more popular and accepted by all elements. Doesn't motivation sometimes arise when we don't like anyone? same thing with Bitcoin.

[ene1980]

why are some individuals hostile to bitcoin,?? maybe the answer is simple, some are afraid of being rivaled, some are frustrated because they can't control bitcoin under their control, some don't understand and then change their minds so they hate bitcoin, there are also people who are impatient in investing, then they experience losses, In the end, bitcoin is to blame.

Majority are who that does not that understand or wrap their brain around a decentralized currency as they are stuck with the centralized world for a very long time. Even if we take a look at the current market situation, centralized exchanges have more volume and it is not because we do not have decentralized exchanges but people are used to centralized and like to live in a order. Those who are seeking new ideas will explore and there are some who missed out on the initial boom and now they are sore that they missed out of potential millions.

[Tessnik]

the propaganda against bitcoin will continue because so many individuals have no full understanding of what bitcoin and the decentralized payment system are, and some others who have prior knowledge are anti-bitcoin or belong to the government.

[worldofcoins]

why are some individuals hostile to bitcoin,?? maybe the answer is simple, some are afraid of being rivaled, some are frustrated because they can't control bitcoin under their control, some don't understand and then change their minds so they hate bitcoin, there are also people who are impatient in investing, then they experience losses, In the end, bitcoin is to blame.

Yep agreed, mostly banks. Like I said in my previous post that Banks do not like their control to be challenged and it's not just banks, there are retarded people like Dan Pena who say stuff on bitcoin because they think fiat money is the only way to show your success and will do his best to make people disregard bitcoin, why?  Because it adds a new factor into his dictionary which is bitcoin but is not fiat "Which he used to show off his success". This a just one reason there are many many, I find people stupid, very stupid most of them that believe what he says without doing their research.

[tanjiran]

the propaganda against bitcoin will continue because so many individuals have no full understanding of what bitcoin and the decentralized payment system are, and some others who have prior knowledge are anti-bitcoin or belong to the government.

there are also those who enjoy a centralized system too much, so that when a decentralized system is present, it will make them feel uncomfortable. so that the assumption arises that bitcoin is dangerous, can be used as a tool of crime because it cannot be monitored etc. in fact, bitcoin and crypto in general are very useful if we are able to use them well. After all, it's not only bitcoin that can be used as a crime tool, even fiat can too, there have been many cases of illegal trade and even money laundering involving direct fiat.
so it's good we study this well so as not to miss the development of technology and finance.

[Wind_FURY]

There are people, people who are supposed to report the facts, and the truth, BUT who are so hostile and hate Bitcoin, that they are willing to lie, and misinform the public, risking their reputations. Guess WHO is this Nocoiner? She actually said this!

[Obito]

Because they are illusioned and ignorant, they don't know what todo with the information and bitcoin debunks their initial belief hence the illusioned part so they try to be mad at bitcoin thinking that it can change things so their illusions don't get broken.

[5thFear]

You are not the only one who have gone through such people. There are alot of people around me and i have to deal with them on daily basis who are hostile to cryptos and are searching for any news and reason, at which they can bash me and my love from crypto. They laugh at me and i laugh at them. I have learned one thing and that is, if someone is ignorant and wants to remain so, you are a fool if you are trying to change that mentality.

[zanezane]

You are not the only one who have gone through such people. There are alot of people around me and i have to deal with them on daily basis who are hostile to cryptos and are searching for any news and reason, at which they can bash me and my love from crypto. They laugh at me and i laugh at them. I have learned one thing and that is, if someone is ignorant and wants to remain so, you are a fool if you are trying to change that mentality.

That's only normal, people being skeptic and being hostile if their beliefs are challenge, why would there be a crusade if people don't care that their beliefs are challenged? Best thing to do with this kind of people is to ignore them and let things be, let them see you success.

[pealr12]

- they don't understand it
- they have read so many confusing side of btc online that aren't true
- they are once a victim of scam,
- they have relatives/friends who have been a victim
- they are naturally hostile in nature  
one of the above must have occurred for anyone to be hostile towards btc, that's why it is always good to do one's own research and not rely on what you read or hear, if i had followed what i read, i won't be in crypto today, it is always good to learn.

[RokokGudangGaram]

- they don't understand it
- they have read so many confusing side of btc online that aren't true
- they are once a victim of scam,
- they have relatives/friends who have been a victim
- they are naturally hostile in nature  
one of the above must have occurred for anyone to be hostile towards btc, that's why it is always good to do one's own research and not rely on what you read or hear, if i had followed what i read, i won't be in crypto today, it is always good to learn.

These are commonly the very reason why people project hostility towards bitcoin. And I must say that there will always be people that will be unhappy about something even if the world is happy about it, more so if they have bad experience with it. We really just have to face the fact that many are still not in favor of crypto even at this modern era, and many will say bad things about it just to discourage everyone else from patronizing it.

[decodx]

New things are often viewed with skepticism, and Bitcoin is not any different. Some people feel that Bitcoin is a way for criminals to make money or it is a Ponzi scheme. There have been complaints about how bitcoins were hacked or lost. People also claim that bitcoins will be unable to sustain the “maximum” growth that some have predicted and that its finite supply will prevent people from "hoarding" bitcoins in the future.

While it is true that some of the early adopters of Bitcoin did play fast and loose with the concept of money, these guys are over. Bitcoin has become a respectable investment. The growth of the currency has no ceiling and will keep growing.

[iv4n]

Some individuals were hostile to electricity, cars, computers, the internet... and I believe this list doesn't have an end! Haters will hate, many will not understand what they hate, but they will hate anyway!
People don't understand what is fiat money, where it comes from, the factors that can affect the value, and all other basic things! How to expect some people to understand Bitcoin and decentralized systems? It's like a hard task, and I know it, I tried to explain it to many... and the majority was confused with all the things I said! For them it's "something invisible" and they don't wish to bother with learning more! I tell them that Bitcoin is "more visible, transparent" than fiat, but they can't get it!
I didn't quit trying... like with kids, you can't allow yourself to get tired from repeating, it's how kids learn... apparently that works for many "adults" as well!

[suzanne5223]

You are not the only one who have gone through such people. There are alot of people around me and i have to deal with them on daily basis who are hostile to cryptos and are searching for any news and reason, at which they can bash me and my love from crypto. They laugh at me and i laugh at them. I have learned one thing and that is, if someone is ignorant and wants to remain so, you are a fool if you are trying to change that mentality.

That's only normal, people being skeptic and being hostile if their beliefs are challenge, why would there be a crusade if people don't care that their beliefs are challenged? Best thing to do with this kind of people is to ignore them and let things be, let them see you success.

Ever since the institutional investors join cryptocurrency the understanding have a lot of people and some governments are open that crypto is not a joke as Buffet etc said it was but if there are still some individuals that still doubt this innovation technology what you can do is to leave them cause when the time comes they will wish they have listened to you.

[Kelvinid]

No matter what we do, no matter what the development we have, many haters will surely have to come out and say bad because, in the first place, they don't know anything about it. These haters are those who haven't been interested in Bitcoin and these people are selfish which they only think about their own benefits, not the people around them.

I am not to wonder why they keep on spreading FUDs, paying people to talk negatively about Bitcoin because their evil intention which is to destroy Bitcoin and win the market competition.

[ROSEDF]

They did not make money in Bitcoin. Believe some negative news released by the media.
They don't understand Bitcoin. In their hearts, they will succumb to the government and believe in everything the government does. The government bans Bitcoin, so they don't like Bitcoin and have no opinion.

[vania vin]

most of those who don't like bitcoin are those who don't understand bitcoin they only hear bitcoin and read negative about bitcoin then they assume that bitcoin is a scam to take their funds it means they have shallow knowledge about bitcoin if they have enjoyed the results of bitcoin they won't hostile to bitcoin.

[Semar Mesem]

You are not the only one who have gone through such people. There are alot of people around me and i have to deal with them on daily basis who are hostile to cryptos and are searching for any news and reason, at which they can bash me and my love from crypto. They laugh at me and i laugh at them. I have learned one thing and that is, if someone is ignorant and wants to remain so, you are a fool if you are trying to change that mentality.

That's only normal, people being skeptic and being hostile if their beliefs are challenge, why would there be a crusade if people don't care that their beliefs are challenged? Best thing to do with this kind of people is to ignore them and let things be, let them see you success.

Too often hear people talking is a waste of time, we live and are responsible for what we do, if we fail they will laugh, better focus on the goal and keep buying bitcoin because I'm sure tomorrow or the day after the bitcoin price will be above $50k.

[LogitechMouse]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

2 possible reasons.
1. They are a big supporter of banks and we know what is the relationship of banks and crypto right .
2. The complexity of Bitcoin. We know how complex Bitcoin is right now because its a new technology and they simply are old enough for them not to learn it.

There are other possible reasons to why they aren't touching Bitcoin or at least learning it. Different people have different perspective when it comes to Bitcoin. Let them do what they want to and if they aren't supporting the one which us are supporting then we can simply ignore them.

[Tessnik]

I still believe that it is because of bitcoin nature that is why they are against it and are constantly sponsoring negative news and comments about bitcoin, bitcoin has given us the financial freedom that the government and the central bank have taken from us all the while.

[mojun7982]

- they don't understand it
- they have read so many confusing side of btc online that aren't true
- they are once a victim of scam,
- they have relatives/friends who have been a victim
- they are naturally hostile in nature  
one of the above must have occurred for anyone to be hostile towards btc, that's why it is always good to do one's own research and not rely on what you read or hear, if i had followed what i read, i won't be in crypto today, it is always good to learn.

These are commonly the very reason why people project hostility towards bitcoin. And I must say that there will always be people that will be unhappy about something even if the world is happy about it, more so if they have bad experience with it. We really just have to face the fact that many are still not in favor of crypto even at this modern era, and many will say bad things about it just to discourage everyone else from patronizing it.

I think I would add to the list that they feel like they ultimately have missed the boat and are now really hoping that Bitcoin is going to fail because it is a pain in the ass to see someone else making a ton of money with it. I still know about friends who are into finance and could really have a relatively easy time to understand it, but still they refuse to do so. When I ask them whether they read a single good book about it, nope. Who cares though right? Let them do their thing.

[uneng]

From my personal experience people hostile to bitcoin I've met were basically people who have safe fixed income, stable jobs and a confortable life already. So maybe they see no point in investing in bitcoin, because it's actually a risk they don't have to take, as everything they need and want from a financial perspective was already achieved.
Maybe they are also very close minded people to understand how bitcoin is getting more attention and importance day by day and how its technology is going to impact the future, but I believe it's not the main reason anyway, because there is also a lot of people who don't understand anything of this and are still proud bitcoin enthusiasts.

[Viscore]

- they don't understand it
- they have read so many confusing side of btc online that aren't true
- they are once a victim of scam,
- they have relatives/friends who have been a victim
- they are naturally hostile in nature  
one of the above must have occurred for anyone to be hostile towards btc, that's why it is always good to do one's own research and not rely on what you read or hear, if i had followed what i read, i won't be in crypto today, it is always good to learn.

These are commonly the very reason why people project hostility towards bitcoin. And I must say that there will always be people that will be unhappy about something even if the world is happy about it, more so if they have bad experience with it. We really just have to face the fact that many are still not in favor of crypto even at this modern era, and many will say bad things about it just to discourage everyone else from patronizing it.

I think I would add to the list that they feel like they ultimately have missed the boat and are now really hoping that Bitcoin is going to fail because it is a pain in the ass to see someone else making a ton of money with it. I still know about friends who are into finance and could really have a relatively easy time to understand it, but still they refuse to do so. When I ask them whether they read a single good book about it, nope. Who cares though right? Let them do their thing.

Right. Just leave them with all their negativities and let them see us how we get progress from bitcoin. I think most of them are not in favor of crypto because they just can't believe how bitcoin had changed so much lives in just a decade. While them are still left struggling to make huge profits on what they believe can give them.

Some of those individuals are very hostile to bitcoin not just because they have missed the boat but maybe they are just still in regrets maybe due to some bad experiences that they had with bitcoin but i think it's not a big reason not to move on. We all had made losses in bitcoin but we still believe in it and so we had made it to the top, unlike them who just easily quit and find themselves missed another golden opportunity.

[Shasha80]

- they don't understand it
- they have read so many confusing side of btc online that aren't true
- they are once a victim of scam,
- they have relatives/friends who have been a victim
- they are naturally hostile in nature  
one of the above must have occurred for anyone to be hostile towards btc, that's why it is always good to do one's own research and not rely on what you read or hear, if i had followed what i read, i won't be in crypto today, it is always good to learn.

These are commonly the very reason why people project hostility towards bitcoin. And I must say that there will always be people that will be unhappy about something even if the world is happy about it, more so if they have bad experience with it. We really just have to face the fact that many are still not in favor of crypto even at this modern era, and many will say bad things about it just to discourage everyone else from patronizing it.

I think I would add to the list that they feel like they ultimately have missed the boat and are now really hoping that Bitcoin is going to fail because it is a pain in the ass to see someone else making a ton of money with it. I still know about friends who are into finance and could really have a relatively easy time to understand it, but still they refuse to do so. When I ask them whether they read a single good book about it, nope. Who cares though right? Let them do their thing.

Some people do have an envious nature, for those who feel too late to know Bitcoin, and seeing other people succeed making a lot of money.
In the end these people did choose to be negative about Bitcoin, actually it is their right to do that. But it's just like it's not wise if someone
behaves like that, even if their minds are open and willing to learn Bitcoin properly. It's never too late to invest in Bitcoin, even starting from now
can still make a lot of money. As long as we have positive intentions, all things will go well. But those who reject Bitcoin, closed his mind.
So it's hard for these people to see Bitcoin from the positive side, in the end, we all have to go our separate ways.

[verita1]

People are hostile to bitcoin because accessing it is through technology, volatility, and because these people are used to banks.
Sometimes it is difficult to move from the known to the unknown. Also the anti-bitcoin speech can influence to want to interest them bitcoin.

However, I remain hopeful that this year we will take a longer step so that bitcoin reaches more nations in the world, if the institutions do not embrace bitcoin, people will take the initiative as it has been happening from the first moment.

[bct-user]

People are hostile to bitcoin because accessing it is through technology, volatility, and because these people are used to banks.
Sometimes it is difficult to move from the known to the unknown. Also the anti-bitcoin speech can influence to want to interest them bitcoin.

However, I remain hopeful that this year we will take a longer step so that bitcoin reaches more nations in the world, if the institutions do not embrace bitcoin, people will take the initiative as it has been happening from the first moment.

The habit of using the traditional bank system still becomes one of the main obstacles that e find. Moreover, we know that there are many bad issues about Bitcoin, supported by some bad speech about Bitcoin from the anti-bitcoin people or parties.
Sometimes, if we don't know about Bitcoin, we will only see it from one side point of view.
You are right that they may be also afraid of Bitcoin itself because BTC is very volatile, in no form, and also just a technology.

[Sithara007]

The right terminology to be used here should be "jealous" instead of "hostile". I have talked to a lot of guys who hate Bitcoin to the core. The more I talk to them, the more I realized that their hatred towards cryptocurrency is due to the fact that they were unable to profit out of it. They will give you all sort of excuses, like Bitcoin is not legal in India and it is largely used for "illegal" dealings. But the fact is that they were not very successful in hiding their disappointment, in not benefitting from Bitcoin.

[Xinarae*]

The reason some people hate bitcoin is because there are many people who don't know anything about what bitcoin is and they hate it for being illegal in their country there are many countries in the world where the government legally penalizes anyone who uses bitcoin if it is not legalized. Also those who invest less patience and can't control themselves when the price suddenly sinks they break down in tears then leave everything and hate bitcoin.

[mojun7982]

- they don't understand it
- they have read so many confusing side of btc online that aren't true
- they are once a victim of scam,
- they have relatives/friends who have been a victim
- they are naturally hostile in nature  
one of the above must have occurred for anyone to be hostile towards btc, that's why it is always good to do one's own research and not rely on what you read or hear, if i had followed what i read, i won't be in crypto today, it is always good to learn.

These are commonly the very reason why people project hostility towards bitcoin. And I must say that there will always be people that will be unhappy about something even if the world is happy about it, more so if they have bad experience with it. We really just have to face the fact that many are still not in favor of crypto even at this modern era, and many will say bad things about it just to discourage everyone else from patronizing it.

I think I would add to the list that they feel like they ultimately have missed the boat and are now really hoping that Bitcoin is going to fail because it is a pain in the ass to see someone else making a ton of money with it. I still know about friends who are into finance and could really have a relatively easy time to understand it, but still they refuse to do so. When I ask them whether they read a single good book about it, nope. Who cares though right? Let them do their thing.

Some people do have an envious nature, for those who feel too late to know Bitcoin, and seeing other people succeed making a lot of money.
In the end these people did choose to be negative about Bitcoin, actually it is their right to do that. But it's just like it's not wise if someone
behaves like that, even if their minds are open and willing to learn Bitcoin properly. It's never too late to invest in Bitcoin, even starting from now
can still make a lot of money. As long as we have positive intentions, all things will go well. But those who reject Bitcoin, closed his mind.
So it's hard for these people to see Bitcoin from the positive side, in the end, we all have to go our separate ways.

Correct it is their envious nature, but they prefer to call themselves cautious and not naive in such a situation, implying that I was the opposite of what they are. But you know, one shouldn't really care. If they deny themselves the chance to at least participate with a tiny little bit, not even a large investment but just a bit of their wealth, why even bother to convince or help them?

I have talked about cryptocurrency so early on and you meet all kind of different reactions. Some can't really believe what they hear, some can't understand it, some don't want to understand it and some just hate what they hear. That is ok for me and I will keep diving into this space for as long as I can on a frequent basis.

[Tessnik]

So many lies have been sold out about bitcoin and many have been confused about the truth. Bitcoin offers total financial freedom, and that the individuals who are involved in the traditional centralized financial institutions see bitcoin as an enemy of their success and existence. That is why there will always promote hate speech and actions against the freedom of bitcoin.

[goldade]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

I'm pretty sure bank owners will one of the major set of persons who will be against bitcoin and its use in the mainstream world. If you ask me, one thing I'd say is it is impossible to support the one thing was created to make you fall.
With bitcoin, it is certain that popularity of banks will gradually diminish until we get to that point when banks are highly irrelevant.
If the above scenario is going to happen, it will happen with increasing adoption of crypto in the mainstream world which is exactly why banks owners and others thar stand to lose will speak, at every opportunity, against bitcoin.

[bhooscream]

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

If they continue to hate Bitcoin, they seem to have serious reasons. Yes, one of the reasons can be a competitor, so they don't want Bitcoin to exist and bother their business. If many people move to crypto investments, their business probably decreases in popularity. To prevent it, they spread FUDs about Bitcoin to make people around the world be afraid to join Bitcoin investment.

[Sihab76]

Those who do not know very well about Bitcoin and have been making various negative comments about Bitcoin from the beginning, only make negative comments about Bitcoin on various social media.I avoid all these people all the time. Especially where the big businessmen of the world invest bitcoin, there is no need to listen to the small limestone.

[gabbie2010]

So many lies have been sold out about bitcoin and many have been confused about the truth. Bitcoin offers total financial freedom, and that the individuals who are involved in the traditional centralized financial institutions see bitcoin as an enemy of their success and existence. That is why there will always promote hate speech and actions against the freedom of bitcoin.

It was Bitcoin financial freedom that made it to be hated most and its hostility by some individuals or government agencies who own banks and other financial institutions, Bitcoin offers most of the features offered by the banks especially it adoption by many Bitcoin enthusiast as a store of value, due to its decentralized feature, why will I save my Fiat in a bank? whereas I can hodl or save it securely in a wallet, all these attributes of Bitcoin does not go well with some government and financial agencies, I believe that is why it was always painted in a bad light, however despite all the criticism and hostility to Bitcoin it has remain strong and becoming more popular with growing adoption.

[pinggoki]

In the words of a video-game character Ezio from Assassin's Creed, "They condemn what they do not understand." When people see something queer or novel to their senses, the most logical and initial response they would give out is one out of fear or repulsion, this is definitely normal  since it appeals to our basic instincts. Then again it is always proven that early adopters and believers who broke past what their instinct tells them flourishes and succeeds.

Those who do not know very well about Bitcoin and have been making various negative comments about Bitcoin from the beginning, only make negative comments about Bitcoin on various social media.I avoid all these people all the time. Especially where the big businessmen of the world invest bitcoin, there is no need to listen to the small limestone.

Thing is, avoiding them won't do anything for bitcoin or crypto, for us established believers their FUD won't have any effect but for potential investors, they'd have a massive impact, so an information rally or campaign is necessary to provide proper info about the upsides and downsides of investing in bitcoin, that way they can base their choices and opinions in something much more intelligent rather than making choices out of spite.

[Sir Legend]

So many lies have been sold out about bitcoin and many have been confused about the truth. Bitcoin offers total financial freedom, and that the individuals who are involved in the traditional centralized financial institutions see bitcoin as an enemy of their success and existence. That is why there will always promote hate speech and actions against the freedom of bitcoin.

The negative bitcoin campaign has been massive since 2013, I've been interested in using bitcoin since 2013 because of negative news on online sites writing that bitcoin is a place for financial crimes such as arms transactions, drugs, tax avoidance, money laundering and so on, this makes me curious and until now still actively using bitcoin.

[bitzizzix]

I think the most appropriate reason is their delay in getting involved in bitcoin because it is already very expensive, and also sorry for not believing in bitcoin back then, when bitcoin was still cheap.
and besides that they feel jealous because many people feel the good benefits of bitcoin and change their lives for the better and even make them rich.

knowledge that makes them rate bitcoin negatively and some of their daei get involved without enough knowledge and they try it and end up experiencing huge losses, and such thing is real and on the other hand bitcoin is not legal.

[pesci]

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

The answer to your question can be found in the book None Dare Call It Conspiracy, written 5 decades ago by Gary Allen.

Here's a summary: https://www.youtube.com/watch?v=PoFVtkSkv40

[Ziskinberg]

So many lies have been sold out about bitcoin and many have been confused about the truth. Bitcoin offers total financial freedom, and that the individuals who are involved in the traditional centralized financial institutions see bitcoin as an enemy of their success and existence. That is why there will always promote hate speech and actions against the freedom of bitcoin.

The negative bitcoin campaign has been massive since 2013, I've been interested in using bitcoin since 2013 because of negative news on online sites writing that bitcoin is a place for financial crimes such as arms transactions, drugs, tax avoidance, money laundering and so on, this makes me curious and until now still actively using bitcoin.

We can't put aside that Bitcoin has been used for some illegal activities and this was the basis why some people are contrary to Bitcoin's existence. I understand their claims but this is not the reason why Bitcoin is to be adopted as one of the legal currencies in the market. If we are only to believe all the negative thoughts that we've heard, it surely our mind will turn negative as well.

I'd once doubted Bitcoin, yeah, I wait for some proof and to see that majority are totally wrong saying that Bitcoin is just a scam and used for illegal activities. It was the time to open our minds as this was a new opportunity to make a better living, a new lifestyle.

[boled]

I think this is just a business problem, if bitcoin is getting more popular and more used by humans, their business will gradually be abandoned by consumers, which means their business will stop. The birth of Bitcoin indeed threatens the existence of their business, more and more people are aware that banking is no longer the only option for financial transactions, whether saving, investing, buying, and selling, even as a medium of exchange and payment. We all know that Bitcoin with blockchain technology provides many advantages, both in terms of security, privacy, and business.

Some of those who are aware of the advantages of bitcoin choose to compromise and include Bitcoin as one of the superior products, some still don't want to compromise but adopt blockchain as one of the technology systems they apply.

[Kittygalore]

Honestly, it's pretty silly to hate Bitcoin. It's just currency. And even if something did not work out for you, you should blame yourself.

Not for the people who was hostile to bitcoin, they either see it as a threat, a scam or a trauma. A threat because they might be working on a field that is threatened by the advent of bitcoin, scam because they are archaic and their mindset is that it has to be an established infrastructure to be considered an investment, and trauma because they got scammed using bitcoin that they find it hard to deal with them.

[DOH!]

I think, The people who are hostile to bitcoin are simple:
First: just because they have no way of controlling and influencing how bitcoin works.
Second: the influence of bitcoin is so great, it has many advantages that countless people including the government fear about the power of bitcoin.
Life has no unity and totality. Just some possible inconsistencies, it's not the first time.
Let's take a look at some conflicting opinions:

BILL GATES - MICROSOFT CO-Founder (25/2/2021)
"I think the people who jump into the crypto craze are people who don't have a lot of money. So I'm not optimistic about Bitcoin. Overall my view is: If you have less money than Elon Musk, should be careful".

ELON MUSK - Co-Founder, CEO TESLA, SPACEX 20/2/2021

“Money is just data that allows us to avoid the inconvenience of exchanging goods. That data, like any other data, has lags and errors. The blockchain system will help reduce both of these things to reduce both,"

ZHAO CHANGPENG - CEO BINANCE HOLDINGS LTD.

“We care about the fundamentals as a highly-freedom currency that allows people to transact globally cheaply and securely. If a virtual currency does that, I think it will benefit the whole society and be especially positive for the cryptocurrency sector."

In short, I think there are people who hate bitcoin as well as supporters or at least they are neutral to bitcoin. That is also normal and it almost never affects the development of bitcoin too seriously.

[AicecreaME]

People are hostile to things that they do not have the courage to invest in or do not have the funds. Most hostile is because they are jealous either they are jealous that you have the courage to invest in it or they are jealous that you have the money to invest in it. I have not yet met any one that has legit reasons to be hostile to Bitcoin. How can you be hostile to something that is trying to set the common person from its handcuffs? You cannot instead you have people who have other motives like wanting fiat to succeed because their institution relies on fiat to succeed like banks or you have people that are jealous.

I strongly agree.

Most people who are acting very hostile on bitcoin are mostly the people who don't even own one to begin with. I also have this guess that maybe they are like that towards bitcoin is because they don't have the means to buy it or invest in it. Hence, they just attack it and hate it so much to the point they spread fake news and FUDs to shaken those who invested in it. Enviousness is also one of the reasons. They don't want other people to invest in it. They want it all for themselves. They don't want to educate other people of its benefits that's why they do all the possible things to let Bitcoin's name be tainted on other people's eyes. These kind of people are greedy.

Other possible reasons could be they have been scammed, they aren't just knowledgeable enough, and they easily believe rumors and gossips they heard or read from different platforms.

[19Nov16]

Those who do not know very well about Bitcoin and have been making various negative comments about Bitcoin from the beginning, only make negative comments about Bitcoin on various social media.I avoid all these people all the time. Especially where the big businessmen of the world invest bitcoin, there is no need to listen to the small limestone.

As investors we have to be able to choose what we deserve to hear, everyone can talk about bitcoin without a good knowledge base, they are mostly afraid that their business is threatened because of bitcoin, the best thing is to focus on the goal and ignore what they say.

[rosenbauer02]

Because they are afraid of the development of bitcoin that can keep up with their business. Some didn't even know bitcoin works and some may have been scammed and afraid to use bitcoin again. Well, there are various reasons why they hate or being hostile to bitcoin.

[NeverSop]

Perhaps the word hostile here has a vulgar meaning, but actually I think that when it comes to human nature, perhaps they have been affected by their rights, opportunities or lost influence and benefits with others bitcoin under some ambiguity.  People tend to curse and envy what they don't have.  Bitcoin carries an independent and unique identity, anyone who does not trust, misunderstand or do not understand will lose the opportunity.

[mojun7982]

Those who do not know very well about Bitcoin and have been making various negative comments about Bitcoin from the beginning, only make negative comments about Bitcoin on various social media.I avoid all these people all the time. Especially where the big businessmen of the world invest bitcoin, there is no need to listen to the small limestone.

As investors we have to be able to choose what we deserve to hear, everyone can talk about bitcoin without a good knowledge base, they are mostly afraid that their business is threatened because of bitcoin, the best thing is to focus on the goal and ignore what they say.

But we should never fully exclude the possibility that there is some truth to what somebody says who really dislikes Bitcoin. I think it very much depends on the tone they choose to convey their points. As long as they argue with substance, or with a bit of substance, it can be worthwhile to listen to them as well. We can also be wrong at times. We most certainly are.

[Alert31]

Because they believe in fud than to believe in bitcoin and try to invest on it. They think bitcoin is a scam despite of the fact that bitcoin has a growing community. Others think bitcoin is a gambling and they are afraid to of losses.

[dunfida]

Those who do not know very well about Bitcoin and have been making various negative comments about Bitcoin from the beginning, only make negative comments about Bitcoin on various social media.I avoid all these people all the time. Especially where the big businessmen of the world invest bitcoin, there is no need to listen to the small limestone.

As investors we have to be able to choose what we deserve to hear, everyone can talk about bitcoin without a good knowledge base, they are mostly afraid that their business is threatened because of bitcoin, the best thing is to focus on the goal and ignore what they say.

But we should never fully exclude the possibility that there is some truth to what somebody says who really dislikes Bitcoin. I think it very much depends on the tone they choose to convey their points. As long as they argue with substance, or with a bit of substance, it can be worthwhile to listen to them as well. We can also be wrong at times. We most certainly are.

Everyone does have their own opinion and lets just respect to that because nothing on this world wouldnt really have any criticisms because people are way too different on thinking things which there would really be always those haters and those supporters.

Market couldnt really be challenging if all would really be sharing up on the same opinion and views. Being hostile or bitter into something is just normal because people are really having different views
and perceptions.

As a supporter then it do really sucks to hear off but its better to ignore it for you not able to make yourself stress.

[Qikiye]

It is not fair to expect that Bitcoin will slow down because some people hate it. Bitcoin's popularity has not come so far depending on a particular person. Bitcoin is a totally Its popularity peaks depending on the general public regardless of country or race. So even if someone has a negative comment about Bitcoin, it will not be able to suppress the popularity of Bitcoin.

[sherenikaw]

there are many opinions out there where many are in favor of bitcoin and there are also those who reject bitcoin for their own reasons. For myself, I believe in bitcoin, so I'm trying to deepen my skills so I can make better use of it. if many think that bitcoin is an enemy or a threat then it means they have not used it well. maybe that can happen because there are many people who also experience losses after investing bitcoin. either because of their carelessness or because they are not mentally ready. what is certain is that if you want to get the benefits of bitcoin then we must also be able to treat it well by managing the assets we have carefully and prepare a strong mentality

[Sihab76]

Cryptocurrency will always get people's comments, this is the basis of cryptocurrency. The world's largest entrepreneurs have often commented positively on Bitcoin, and the market has been booming.Again, the market for bitcoin is declining due to negative comments. This maintains the balance in the market.

[boled]

It is not fair to expect that Bitcoin will slow down because some people hate it. Bitcoin's popularity has not come so far depending on a particular person. Bitcoin is a totally Its popularity peaks depending on the general public regardless of country or race. So even if someone has a negative comment about Bitcoin, it will not be able to suppress the popularity of Bitcoin.

Actually, if we want to look at the positive side, then this is a free promotional tool, the more rich people openly oppose it, the more popular Bitcoin will be. Many people will almost certainly think "how is Bitcoin getting talked about more and more", if there is nothing special about Bitcoin then it is impossible to argue. If it is popular as it is today, we indirectly have a duty to provide the right education, straighten the news wisely.

[hichamito37]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

This happens all the time in society , Of course there are people who love it, there will be people who hate it , Even though we are human , Everyday communication with people in society will still have people hating. BTC is the same if you are tech-savvy, knowledgeable about BTC and understand the value of technology then you will consider it invaluable, but if a person is technology blind then of course they will hate and consider it just garbage.

[Mikayla Buckley]

It is obvious that they have lost their money in cryptocurrency. Will not invest to cause heavy losses and hate Bitcoin.
Only understand the shortcomings of Bitcoin, and don't care about the advantages of Bitcoin.
The country bans Bitcoin and believes the negative news reported by the media.

[XUNing]

Bitcoin is a new technology in the field of digital economy. Many people cannot really master the technology of bitcoin, nor can they understand its value and importance. They are afraid of the unknown.
The decentralization of bitcoin has realized the freedom of wealth for people, and the capital is completely controlled by the holders. The government-controlled banks or corporate institutions control user funds for profit, so they will hate the freedom that it brings.

[hannahB4]

I  have not seen people hostile to it but I will say I have met people who will not invest in it because it is digitalized and volatile in nature, some other factors are the non-educated who don't even know what is happening in the digital world.

[ChiBitCTy]

I have posted this here several times but this is a MUST READ... this explain your question well!!


"I think many of the intellectually honest people eventually stop being critics, because they suddenly realize that the flaws they are identifying are temporary features, issues, and not inherent problems. There are very few inherent problems in a dynamically evolving design or ecosystem of different designs all competing, that cannot be resolved.  There are critics who criticize this technology primarily based on their world view.   It is politically inconsistent with their world view.  It’s not that they do not like the technology it’s that they do not like the implications of this technology and the primary criticism you get then is “this should not be” to which all I can answer is ..and yet it is.  “but we mustn’t”… and yet we did, “but you shouldn’t”.. but yet we did"- Andreas Antonopoulos.

I think it's important to remember that many dislike bitcoin not because of their disapproval of the technology, but as it goes against their "beliefs".

[ziyaaa]

Some people are still hostile to Bitcoin because they are afraid of it or they don't have much knowledge about it. They might be afraid of Bitcoin about the possibility that it can replace fiat money in the future. But I don't think that such thing will happen. And if they are not well-informed about Bitcoin, then they should be taught about it or they should do a detailed research by themselves. World is changing and digital currencies are our future. There is no meaning in still being hostile to it.

[celot]

I saw so many people become poor in America because they play bitcoin. I mean they consider bitcoin as gambling tool, this is very bad. Those people become very poor and sleep on the street at night in cold. This is a big mistake that done by them, this can be bad advertisement for bitcoin. Maybe those people who against bitcoin are saw those people who sleep on the street. However it is not bitcoin fault. People responsible for themselves, as far as I now gambling is always make people poor. In my opinion, if we want to invest in bitcoin then we should not consider it as gambling tool, we should have knowledge about cryptocurrency that we will buy. There are many people who doing day trading only based on luck, it is gambling. I think gambling mostly make people become poor. Bitcoin is not a gambling, I consider it as a currency and investment, I always get profit from bitcoin only by holding it. What I did is buy and sell in correct time.

Your opinion is very relevant to my analysis. I think they are hostile to bitcoin because they have failed at it. They are people who are big losers who make their lives a mess. This is basically because they themselves are too ambitious, do not want to learn, poor financial management. so that the blasphemy arises on the basis of their disappointment.

[Fortify]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Just like there are people who love Bitcoin, there will be some people who hate Bitcoin and their motives should be none of your concern. Like everything in life you should try to figure out the value of it by yourself, using as many sources of information as possible. The haters may very well turn out to be right in some weird turn of events, if the blockchain was somehow undermined - so you should not write off their opinions or ideas because they disagree with you. People will tend to polarize around a certain set of beliefs, when the greatest thinkers are always re-evaluating their opinions and have the flexibility to change their mind when presented with new information, that is the best way to grow your mind.

[dunfida]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

Just like there are people who love Bitcoin, there will be some people who hate Bitcoin and their motives should be none of your concern. Like everything in life you should try to figure out the value of it by yourself, using as many sources of information as possible. The haters may very well turn out to be right in some weird turn of events, if the blockchain was somehow undermined - so you should not write off their opinions or ideas because they disagree with you. People will tend to polarize around a certain set of beliefs, when the greatest thinkers are always re-evaluating their opinions and have the flexibility to change their mind when presented with new information, that is the best way to grow your mind.

Not all would really be pleased out on bitcoins existence and there would really be that person who would really be finding some negative reasons on why they would hate up bitcoin.

Excluding to those who are doing intentionally for the sake of money or being commanded. Each of us does have different mindset and perspective this is why we do have different

opinions towards a certain thing specially with bitcoin.Is there something we can do? No..Sooner or later they would be finding out its true relevance though.

[totaleclipseofthebank]

I think it's important to remember that many dislike bitcoin not because of their disapproval of the technology, but as it goes against their "beliefs".

Well, most of the bitcoin haters I meet refuse to learn something new and stick to what they call "belief". I just do not understand, why people deny to be altered smarter? I mean, knowledge only makes you become stronger. impermanence is the essence of this world. Thus, accept to change make us evolve and smarter day by day

[Mr.sprin]

bitcoin provides an opportunity to double money if they dare to invest in bitcoin of course they will profit, but many people do not know bitcoin and they assume that bitcoin is deceiving so that hatred arises in their souls.

[Rajamuda]

maybe we don't know what is going on in their minds so that they are hostile and hate bitcoin, even though we know bitcoin does not harm any party or there is interference from third parties in the Crypto world, but in reality it is not only individuals who hate bitcoin who eat money how many people also hostile to bitcoin we don't know what's really going on

Of all humans, of course, there must be someone who judges something on the contrary or seems to have a different response, which is usually directed at the negative side, they look more at the side of shortcomings or things that smell negative on Bitcoin/crypto characteristics.
But however it doesn't really affect Bitcoin will weaken, we have more individuals here who are more directing Bitcoin towards the positive side.

[Rruchi man]

IMO, Some individuals are hostile to bitcoin because their early predictions against it didn't go as predicted for them, and they are too proud to admit that they were wrong about it, so whenever bitcoin is brought up or mentioned around them, they show hostility.

Some of these individuals gave early predictions that bitcoin was not going to mean any good both for investment and and as a currency, some said it was going to disappear in a few years, none of which has happened yet. Because of pride to come out sometime and admit that they are wrong, they still decide to defend their failed predictions with hostility.

[pawanjain]

There can be many reasons why many people can turn hostile to bitcoin. I can a list a few reasons of the many

1. They are antibitcoin
2. Someone is paying them to speak ill of bitcoin
3. They didn't get the opportunity to buy bitcoin at cheap price
4. They are competitors of bitcoin
5. They are more into altcoins
6. They don't know what bitcoin is all about
7. They were previously scammed or have been a victim of such incident
8. Someone they know was hacked/scammed

There will surely be more reasons that I can't think of right now.

[Tony116]

As you said above, they are individuals who own banks, traditional trading platforms. Satoshi created bitcoin with the goal of replacing the outdated payment system of banks and not being controlled by any individual or organization. Once bitcoin is accepted and used, people will choose bitcoin over banks. This will significantly reduce the bank's profits and certainly no one advocates something that loses its own interests.

[Om.monata]

people are hostile to bitcoin because they can't afford to be in bitcoin and they have no skills in crypto or because they have lost in bitcoin. right now if you don't have a basic reason I'm sure that person will not easily be hostile to bitcoin, there is a real reason behind people being hostile to bitcoin

[B-Bit]

If they are deceived by scammers while using Bitcoin for p2p transactions, they will be malicious towards Bitcoin.
Maybe someone will forget their private key. Will lose a large part of the money,
Believe in some negative news about Bitcoin, not Bitcoin.
The important thing is that they don't believe in Bitcoin.

[cabron]

Some of them are not really hostile but just wanted to make you sell your coins by spreading fud. When they do share negative news and saying bad things about Bitcoin, they just want you to dump what you have and they are not just small investors who post in the forum, they are big guys like Peter Schiff being negative to BTC but asked his son to buy a ton of BTC.

[Wong Gendheng]

There can be many reasons why many people can turn hostile to bitcoin. I can a list a few reasons of the many

1. They are antibitcoin
2. Someone is paying them to speak ill of bitcoin
3. They didn't get the opportunity to buy bitcoin at cheap price
4. They are competitors of bitcoin
5. They are more into altcoins
6. They don't know what bitcoin is all about
7. They were previously scammed or have been a victim of such incident
8. Someone they know was hacked/scammed

There will surely be more reasons that I can't think of right now.

I think point 4 is the most dominant, when bitcoin shines, financial services such as banks will be afraid because people will divert their money to bitcoin, with bitcoin then we get full control so we don't need third party services such as bank services so banks will soon go bankrupt .

[Chato1977]

people are hostile to bitcoin because they can't afford to be in bitcoin and they have no skills in crypto or because they have lost in bitcoin. right now if you don't have a basic reason I'm sure that person will not easily be hostile to bitcoin, there is a real reason behind people being hostile to bitcoin

no dont just say that mate, because many of those hostile in bitcoin does not believe in this one meaning they are the one who hates investing in things they don't understand .

but of course some of them are the people you called.

Some of them are not really hostile but just wanted to make you sell your coins by spreading fud. When they do share negative news and saying bad things about Bitcoin, they just want you to dump what you have and they are not just small investors who post in the forum, they are big guys like Peter Schiff being negative to BTC but asked his son to buy a ton of BTC.

this is how whales played in the past , they even pay shill accounts to spread BS towards crypto so people will sell their coins.

[Reatim]

Some of them don't even know what is Bitcoin really but they are keep on commenting negative about it, i have some friends before that i come to an argument because they keep telling other friends that Bitcoin is fraud but they don't even know what is this.
they are just relying on media and news about it.

and instead of debating them , lets just encourage them to learn first and understand , those Haters can be a Investors in time.

[Betwrong]

Some of them don't even know what is Bitcoin really but they are keep on commenting negative about it, i have some friends before that i come to an argument because they keep telling other friends that Bitcoin is fraud but they don't even know what is this.
they are just relying on media and news about it.

and instead of debating them , lets just encourage them to learn first and understand , those Haters can be a Investors in time.

I think the most part of haters are like you described them: they know little and yet hate a lot. From my experience encouraging them to learn is a pointless exercise. They will only learn something when in the TV-shows and news outlets that they like to watch it will be told them a thousand times.

[Dilladupak]

people are hostile to bitcoin because they can't afford to be in bitcoin and they have no skills in crypto or because they have lost in bitcoin. right now if you don't have a basic reason I'm sure that person will not easily be hostile to bitcoin, there is a real reason behind people being hostile to bitcoin

That's right, And I think only stupid people are hostile to Bitcoin. If they don't see how important and potential Bitcoin is today, no one will refuse to be given Bitcoin at this time. 
Since Bitcoin is something that has a very good potential and future, then who is against those who have a great future if not a fool.

[noorammak]

Many people are not tech-savvy and don't grasp investment trends. Warren Buffet is a non-Bitcoin advocate. I bet he missed out on many of the crypto market profits.
Many people get into investing late and they want others to not get the same returns as them. Those are just bad qualities, and it often happens in life.

[7788bitcoin]

people are hostile to bitcoin because they can't afford to be in bitcoin and they have no skills in crypto or because they have lost in bitcoin. right now if you don't have a basic reason I'm sure that person will not easily be hostile to bitcoin, there is a real reason behind people being hostile to bitcoin

Basically what are the skills required to be in the cryptocurrency market, none basically. All you need is to read the market carefully and invest wisely and the haters are bankers and high profile stock investors and so is the reason we are discussing about this here and they do not like to see a parallel market and they are not willing to learn or missed the boat getting in when the price was really low.

[Sanugarid]

For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.

People like that probably think they were living at the old age and not open for the possibility of digital age wherein paper money will be replaced by digital money. However, I do admit the maybe most of them are skeptical and ignorant to BTC due to being decentralized and the government has no authority over it which make it illegal for other countries. So always invest what we can afford to lose

[wissy]

You will find individuals being hostile towards every single thing. Some people just want to aggressively show they don’t feel the same about whatever you are doing. Especially when it comes to money, its either they don’t trust in any other system, or they benefit somehow with BTC crashing, there are some huge shorts out there.

[amihada]

people who are hostile to bitcoin, those who miscalculate about bitcoin or those who panic cell so that they lose, then they are hostile to bitcoin even though they shouldn't be hostile to bitcoin because those who make losses because of their own carelessness.

[worldofcoins]

bitcoin provides an opportunity to double money if they dare to invest in bitcoin of course they will profit, but many people do not know bitcoin and they assume that bitcoin is deceiving so that hatred arises in their souls.

Wait for a second... Are you talking about Ponzi schemes that use bitcoin and pays you daily, weekly or monthly rate to double your money?

Dude bitcoin's a crypto that you can buy with fiat there's no guarantee that you'll double your money if you invest in bitcoin.

[songchunlai]

Because they will be unemployed

[Betwrong]

bitcoin provides an opportunity to double money if they dare to invest in bitcoin of course they will profit, but many people do not know bitcoin and they assume that bitcoin is deceiving so that hatred arises in their souls.

Wait for a second... Are you talking about Ponzi schemes that use bitcoin and pays you daily, weekly or monthly rate to double your money?

Dude bitcoin's a crypto that you can buy with fiat there's no guarantee that you'll double your money if you invest in bitcoin.

Maybe that's why they hate it: that there is no guarantee that you'll double your money? 

Because they will be unemployed

If seriously, no one should be afraid of becoming unemployed these days. Many professions disappear, but what's important is that new occupations opening up all the time. Learn a new profession and be paid in BTC for your work. Problem solved.

[Lubang Bawah]

People who hostile to bitcoin are those who haven't known bitcoin for long, most of them are new investors and try their luck with bitcoin, when the market goes down they panic so they think that bitcoin is a detrimental and dangerous investment.