Why are some individuals hostile to Bitcoin?

[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.

[1714549425]

1714549425

[1714549425]

1714549425

[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.