cryptocurrency Why some people don't like cryptocurrency?

[MyThoughts 514]

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

[Bills 583]

The biggest reason why they don't believe, is because of fear, and another large percentage can be attributed to the immense degree of ignorance that still exists, if we start that WarrenBuffet that is a great Investor does not believe in this technology, which remains for the the rest? It is difficult, I think that the adoption of cryptocurrencies will be somewhat progressive.

[cryptokram 102]

8 hours ago, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

 

1. hey are not fully aware of the new technology or they are not depending or know something about the computer and internet.
2. legality and illegality and how the system works.
3. Yes there are so many people who is not with crypto currency and even government.

[MyThoughts 514]

10 hours ago, Bills said:

The biggest reason why they don't believe, is because of fear, and another large percentage can be attributed to the immense degree of ignorance that still exists, if we start that WarrenBuffet that is a great Investor does not believe in this technology, which remains for the the rest? It is difficult, I think that the adoption of cryptocurrencies will be somewhat progressive.

I understand you.
Fear due to the fact they don't believe in Сryptocurrency and fear of accepting something new.
Life is changing, everything is changing...
I think some people need more time to understand and accept the progress.

[MyThoughts 514]

11 hours ago, cryptokram said:

 

1. hey are not fully aware of the new technology or they are not depending or know something about the computer and internet.
2. legality and illegality and how the system works.
3. Yes there are so many people who is not with crypto currency and even government.

Thanks for the answer.
Let's hope that very soon many people from those who don't agree with the Сryptocurrency will finally accept it.

[Consignee 2395]

Mostly the govt don't like cryptocurrency because they want controlling and monitoring in people's asset. If crypto get wide acceptance, they will lose control over our asset.

Politicians don't like it as well because they are stealing money in a lot of way, with blockchain, because of its nature, everything will be transparent and they will not be able to steal anymore. That's why they don't like as well.

[s107n 5726]

I think not quite correct question. Some people don't like meat, others don't like public transport, others don't like anything else. If we consider in the context of cryptocurrencies, here some people do not understand what it is and why, others simply because they did not have time to invest in cryptocurrency when it was still beginning and think that it is too late. Some just do not want to do anything themselves and wait for the good dwarf to come to them and give everything.

[cryptokram 102]

7 hours ago, MyThoughts said:

Thanks for the answer.
Let's hope that very soon many people from those who don't agree with the Сryptocurrency will finally accept it.

Time will come and every people will come to cryptocurrency even they dont like it.

Once this is adapted to every country of the world then this will be the major one to be use! and everyone will use it and will study this kind of currency.

[hexwin 4931]

3 hours ago, s107n said:

I think not quite correct question. Some people don't like meat, others don't like public transport, others don't like anything else. If we consider in the context of cryptocurrencies, here some people do not understand what it is and why, others simply because they did not have time to invest in cryptocurrency when it was still beginning and think that it is too late. Some just do not want to do anything themselves and wait for the good dwarf to come to them and give everything.

I do like meat and cryptocurrencies  🙂

People are mostly afraid of unkown and they blindly trust what they hear on TV and from greedy politicians, and when you combine this factors you get the answer why most of them don't like Bitcoin and crypto.

If more popular people and stars begin to use it publicly , people will quickly change what their mind

[Dwest3276 18]

I think the biggest issue is lack of understanding and it's usefulness. It's real world applications haven't been fully made aware to the mass public and the negative media coverage hurts it's legitimacy. It'll happen with time!

[MyThoughts 514]

1 minute ago, cryptokram said:

Time will come and every people will come to cryptocurrency even they dont like it.

Once this is adapted to every country of the world then this will be the major one to be use! and everyone will use it and will study this kind of currency.

I agree with you.
Most likely, when the fiat currency adapted in the world, many didn't like it too. 
But eventually everyone got used to it. )

[cryptokram 102]

2 minutes ago, MyThoughts said:

I agree with you.
Most likely, when the fiat currency adapted in the world, many didn't like it too. 
But eventually everyone got used to it. )

The main problem, there are so many people who dont have the knowledge to use computers.

Even they use it, there are some who are not capable to understand it! once they understand and know how to use computer, they must also know the process and system of crypto.

This is why cryptocurrency must start to teach at grade schools to prepare the people for their future.

[hexwin 4931]

6 minutes ago, MyThoughts said:

I agree with you.
Most likely, when the fiat currency adapted in the world, many didn't like it too. 
But eventually everyone got used to it. )

That is 100% true

I watched one documentary how people reacted when first paper money was introduced,

and most of them did not want to use it at all even if was backed by gold back then.

Now paper money is backed by  💩

[Corrado25 9442]

I think most of those who do not like crypto currency and it is bad people of the old generation who she did not understand. They are also millionaires and billionaires of the old generation whose dollar is their favorite currency. Banks and financial institutions also dislike crypto. They can be understood. They protect their interests

[Consignee 2395]

7 minutes ago, Marcsymons said:

There are lot of reason that maybe because they were become victim of scam, maybe they lost their investments thru crypto and or maybe they have not experience yet from crypto that is why they don't believe that we could earn from crypto.

Scam, fraud these are common if you are not aware of. With fiat, scammers are commiting scam as well, it's not only because of cryptocurrency. There's hundreds times big scam have been done by fiat. Wait, it mores if you account how govt are scamming us.

[miskyming 1588]

Because they think cryptocurrency is a scam they think it's more like pyramid scheme or HYIP you know.  Most of these people they don't about cryptocurrency they have no idea what crypto really is.

[MyThoughts 514]

1 hour ago, miskyming said:

Because they think cryptocurrency is a scam they think it's more like pyramid scheme or HYIP you know.  Most of these people they don't about cryptocurrency they have no idea what crypto really is.

But they talk with colleagues and friends..
Is it no one can explain in simple language, "it's not a scam"?
If it was a scam, then Bitcoin wouldn't have cost so much, and big companies wouldn't have invested a lot of money in it.
Is it so hard to understand? )

[duncun007 3577]

its always the ones who bought the top and kept holding, i know someone who bout 50k worth of xrp near the top and was in profit for a couple days yet refused to sell...he ended up selling it at loss, if you trade patiently you'll love crypto and it helps if you have a strong hand and learnt some TA.

[Bills 583]

12 hours ago, MyThoughts said:

I understand you.
Fear due to the fact they don't believe in Сryptocurrency and fear of accepting something new.
Life is changing, everything is changing...
I think some people need more time to understand and accept the progress.

It is like that, little by little those people when noticing that the others follow the technological current will begin to acquire the belief and will unite, nobody can be left behind, the same system forces to learn.

[s107n 5726]

10 hours ago, hexwin said:

Я люблю мясо и криптовалюты  🙂

Люди в основном боятся неизвестных и слепо доверяют тому, что слышат по телевизору и от жадных политиков, и когда вы объединяете эти факторы, вы получаете ответ, почему большинству из них не нравятся биткойны и крипто.

Если более популярные люди и звезды начнут использовать его публично, люди быстро изменят свое мнение

If famous people start using cryptocurrency or advertising it, the world of banking systems will collapse overnight. I love meat and crypto too!!!

[hexwin 4931]

2 minutes ago, s107n said:

If famous people start using cryptocurrency or advertising it, the world of banking systems will collapse overnight. I love meat and crypto too!!!

Some famous people are using Bitcoin and spreading word about it,
for example Akon is one of them, but we need more of them for sure.

PS 
I see my russian wriiting skill is looking nice with auto-translate
 

[s107n 5726]

4 минуты назад hexwin сказал:

Некоторые известные люди используют Биткойн и распространяют информацию об этом,
например, Akon - один из них, но нам точно нужно больше.

PS 
Я вижу, что мое умение писать по-русски выглядит хорошо с автоматическим переводом.
 

Ну, каждый делает так, как считает нужным. Почему нет?

[cryptotalker 611]

To reach the right idea, you need to have the right information. people who don't like crypto money assets don't have the right information; so they can only carry hate. as time goes by they will understand the idea that the new economic system is salvation.

[Cryptohash 702]

On 10/9/2019 at 1:19 PM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

1 . People don't like Cryptocurrency because first thing they fear of loss and scam which is not true. Its totally new to them in form of technology mostly people in cities are more aware compared to rural areas.

2 . Most of the people are educated worker class. They just follow what's said in Television and newspaper they wont take risk or even find solution a blind followers of government but bitcoin is purely for the people who have other side of mindset like entrepreneur. That's the reason Rich get richer poor get poorer

3.If there is a good thing . There are always a one who oppose it because it should only go to the rich people not the poor and unknown. Take a demo-graph and see mostly bitcoin would be with last benches and business people compared to worker class.

That's the reason bitcoin is also known as Financial Independence .

[Masterrex 559]

On 10/9/2019 at 3:49 PM, MyThoughts said:

Why some people don't like cryptocurrency?
What are their arguments and assumptions based on?
Do you think there are many such people?

I think the main reason was its hard to use for the beginners and it needs an ample time to familiarized, or maybe due to the cryptocurrency volatility including fluctuation issues. sometimes they said that cryptocurrency has no inherent value. thats why they are againts it.