Why are some individuals hostile to Bitcoin?

[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

[1714561974]

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[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.