cryptocurrency Why some people don't like cryptocurrency?

[Hazera 9]

Crypto because they have no knowledge about this business and if they know about it they will get benefits from it and they will earn too much earnings from the trading and holding the coins.

[Kamila 291]

Some people do not like cryptocurrency because often coin developers remain in the shadows and do not want to talk about themselves, because of this, people do not trust cryptocurrency. 

[Raqeebzy 6456]

• Firstly, people believe more in what they can see, fiat currencies, and feel more than what is digital and that's cryptocurrency.
• There should be more sensitisation about cryptocurrency, what's it and how it works, there should be more campaigns so many unaware can be aware 
• Lastly, another reason is people fear the volatility and the insecurities that comes with cryptocurrency, no one wants to lose money.

[abualez 4106]

In fact, I do not have enough answers to answer your question, but I think the reason is fear of risking this market, or their ignorance of technology, or perhaps their fear of other causes related to their governments that do not use cryptocurrencies such as bitcoin and others.

[Treat1234 0]

There are reasons that make some people don't like cryptocurrency, it seems so complex to them because they don't know how to earn in cryptocurrency and  some are always falling victim to scammers

[P A Ashif 2409]

 many people don't like it because they think that Crypto and trading Is a game of gambling. So most of them did not want to invest in it. They might be thinking this because of lack of knowledge about this

[P A Ashif 2409]

 the possible reason behind disliking of Crypto why most of the people is due to to their lack of knowledge about Crypto. But I think if they try to learn something about Crypto then they will change their mind and start liking it.

[Cammer 4609]

On 4/20/2020 at 12:38 PM, Jump said:

I think that people is having fear or dont like cryptocurrency because they have fear. They are  to lost money and they don't want to waste money. They are scared in losing money and they will not make a gamble in cryptocurrency because they don't want to lose money.

Right. The fear of losing money, especially if it's very essential, is the main reason for being afraid from investing online generally and in crypto currencies also.

[MilaNi 603]

On 09.10.2019 at 10:49, 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?

Of course there are lots of people that do not like cryptocurrency. But I would say they simply just do not understand crypto)) and that is why they have some wrong impression about crypto. Or they have got some unpleasant experience with frauds first and now think that the whole crypto and Blockchain are like that fraud scheme. And it is a pity there are many people that think like that)) or there are some kind of thoughts that I heard personally from others - I trust something stable like salary or some physical money more and even do not want try to learn about crypto.

[deepown 0]

1 hour ago, Samad12 said:

What are the reason some people don’t like crypto currency please help the newbie to know about this please it would be helpful 

Some says that it is a scam, while others says that it too risky so they try to stay away before they lose their money.

[sayeem 524]

In my opinion there is nothing to dislike cryptocurrency. I think Mostly the govt don't like cryptocurrency. Needless to say. I think the unemployed have benefited a bit from the advent of cryptocurrency. And all in all. I see no reason to dislike cryptocurrency.

[Mohssine 1725]

Yes same people don’t trust cryptocurrency i think this because they didn’t try it , and also the see some countries banned cryptocurrency , and this make them to never trust it , and also this world is full for scammers , and the think all of this is a scam.

[Rezort 846]

Some people just didn't explore that much information about cryptocurrencies and they simply don't understand why cryptocurrencies is a great thing and it is not a scam.

[CryptoMaxim 3829]

On 09.10.2019 at 11:49, 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?

The first reason is probably a lot of employment. Here I have a lot of friends they also do not work with cryptocurrency because they do not believe in it. And there are probably a lot of people who have lost a lot of capital.

[Soaib khan 1035]

On 11/7/2019 at 9:01 PM, ethannbenny said:

Some people don't like crypto because it is a hidden transaction that is not made public so that's the reason people don't like crypto currencies and it increases the rate of criminal activities 

I agree with you some months ago I invited some of my friends on coinbase to buy bitcoin worth $100 but unfortunately none came all they were saying that bitcoin is not good thing to invest 

[Omar Ommeish 4872]

I think there are many people who still believe that cryptocurrencies are a bubble and will collapse soon, but we must change their point of view.

[BTC Future 3946]

On 4/20/2020 at 12:34 PM, P A Ashif said:

 the possible reason behind disliking of Crypto why most of the people is due to to their lack of knowledge about Crypto. But I think if they try to learn something about Crypto then they will change their mind and start liking it.

It is this exactly. The lack of knowledge and the disinformation spread by the mainstream media that paint Crypto and Bitcoin as "bad" words. I've talked with merchants and businessmen and tried to convince them to accept Bitcoin on their websites and in their physical stores. All of them listened and understood that it is an important techonolgy. They enjoyed the talk and didn't want banks to control their funds anymore. 

The problem everyone of them had was the same though. They believed that accepting cryptocurrencies and announcing it would make their partners and customers think of them as scammers. It isn't  about the businessmen but about how the rest are viewing crypto.

Edited May 21, 2020 by BTC Future

[Moaz 7239]

Yes, that's right, there are many people who do not like cryptocurrency and think it is a hoax and unreal because of their lack of knowledge of cryptography and blockchain technology, and also because there is no tangible thing like cash

[yuwira 0]

precisely, the traditional manner of transaction is managed and extraordinarily by authorities rules which are not imagined to be in region to start with, but a few humans desired to be stored in check those rules.

[Zalaks007 543]

Lots of people don't like cryptocurrency because they think of it as a way in which can be used to scam them and most look at it as a waste of time that's why they never joined. 

[Rahul11 292]

On 10/9/2019 at 1:49 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?

In this world I think 1% of all people only know about cryptocurrency. And some of them only know about bitcoin for illegal transactions. Because many countries news channels present crypto use on illegal activities.

[Hatred 1388]

On 12/18/2019 at 4:57 PM, Aereen said:

I think most people who do not like cryptocurrencies are those who do not understand much about it, also those people who would rather not progress with the technology and stay traditional. 

I agree to you, mate Those who not like crypto maybe don't have any experience or understand what can it truely don. They just based on what they hear or see from a far. That's why they are the ones that need to persuade to use crypto so that when they use it, they can actually say the true purpose of crypto and what it can do to a simple living person.

[TimopheyKa 3900]

My mother does not like cryptocurrency, I once told her about it, and she began to resent the fact that it is all a fraud, Scam! Just like many other people, they think that if they are deceived on the Internet, then there will be a circle of deception, and every project or system begins to blame it, it is very sad :(

[Virgil dijk 1431]

For me o think many people hate cryptocurrencies due to ignorance, there believe what there hear about cryptocurrencies without even making researches to know if it's true or not, most people thinks cryptocurrencies is a scam that's why there don't like it.

[koussai999 1986]

I think ignorance is the main reason for these people, or they fear that they will invest in cryptocurrencies or unreliable investments, or that the reason is that entities such as banks can be affected by bitcoin and cryptocurrencies