Why are more people against cryptocurrency?

[Domithra]

Cryptocurrency is the future yet many people especially the governments of most countries either remain neutral or pessimist about it. It is quite obvious that all these are as a result of the decentralized nature of cryptocurrency which makes no central authoritative to own absolute control over its transactions. With time, the governments will be left with no option than to embrace the concept of cryptocurrency as the people begin to understand and like the concept.

[jazzkie]

I think those people who are very against with crypto currency are from governments and banks employers/employees because some of them are worried about crypto currencies because of the possibility that all people will now be dependent to them when it comes to securing people's money.

[Master107]

That is one of government weakness. Once they can't able to control big fish they turn their back against it. Expect the nothing supports and the following restrictions will be given. The citizens are the most affected specially if there are huge numbers of crypto people in that particular place.

[sugarchrisp]

I think there's a few reasons.  Mainly the media usually comes out against cryptocurrency in general and never pulls a punch when the market is down.  I believe the reason for this is the media is owned by the same people who want to keep cryptocurrencies in a bad light, because they endanger their status quo.  The banking industry has everything to lose, and cryptocurrency can take all their profits from them.  I wouldn't call it a global conspiracy or anything silly like that, but they would rather bitcoin and altcoins take longer to replace their industry, since they probably cant stop it altogether.  Average people are against it simply because they either don't understand it or the media has already turned them against it.  Everyone I know that talks shit about bitcoin just repeats whatever they hear off their television.

[Doctor]

Cryptocurrency is the future yet many people especially the governments of most countries either remain neutral or pessimist about it. It is quite obvious that all these are as a result of the decentralized nature of cryptocurrency which makes no central authoritative to own absolute control over its transactions. With time, the governments will be left with no option than to embrace the concept of cryptocurrency as the people begin to understand and like the concept.

I think the reason why the government against crypto currency, because The government cannot control crypto currency over.

[Contagem]

The reason is that people have always been afraid of everything new and incomprehensible. Conservatives have always been more than innovators. It is necessary to take into account the fact that governments are people in most cases with conservative views, so we see such a strong non-acceptance of cryptocurrencies around the world.

[Mbah Jenggot]

Cryptocurrency is the future yet many people especially the governments of most countries either remain neutral or pessimist about it. It is quite obvious that all these are as a result of the decentralized nature of cryptocurrency which makes no central authoritative to own absolute control over its transactions. With time, the governments will be left with no option than to embrace the concept of cryptocurrency as the people begin to understand and like the concept.

The reason why more people aganist crypto currency, I think they dont have knowledge about crypto or The have losed much money because of investing.

[Niteroy]

World elites, tycoons, billionaires and bankers live in the existing financial system, they know it well, they have well-established schemes for earning money, they are in a zone of comfort beyond which they do not want to go. Naturally, they see in cryptocurrencies a threat to their comfort and an attempt on their profits from the banking sector of the economy. That's why we see a lot of false information about crypto in the press, they try to manipulate people's minds in such a way as to reduce people's interest in crypto.

[Redhead5]

I think those people who are against cryptocurency are not willing to explore whats the real benefits of crypto industry and maybe they are only thinking that cryptocurrency platforms are all scams and nothing to get with it.

[owmivmen]

yes I am sure crypto will be accepted in all countries. crypto is excellent in technology in the investment world. everyone will choose the investment they want.

[skjude001]

Cryptocurrency is the future yet many people especially the governments of most countries either remain neutral or pessimist about it. It is quite obvious that all these are as a result of the decentralized nature of cryptocurrency which makes no central authoritative to own absolute control over its transactions. With time, the governments will be left with no option than to embrace the concept of cryptocurrency as the people begin to understand and like the concept.

cant blame them because they are afraid to lose money in the long run.the government have no right to interfere with the crypto market.

[therozaq]

Cryptocurrency is the future yet many people especially the governments of most countries either remain neutral or pessimist about it. It is quite obvious that all these are as a result of the decentralized nature of cryptocurrency which makes no central authoritative to own absolute control over its transactions. With time, the governments will be left with no option than to embrace the concept of cryptocurrency as the people begin to understand and like the concept.

There is several reason why the people especially against crypto.currency. Block chain technology, no one can controll it. Crypto is very secure and anonymous. So, the government afraud It will be used criminal, money laundering etc.

[dekafee79]

Cryptocurrency is the future yet many people especially the governments of most countries either remain neutral or pessimist about it. It is quite obvious that all these are as a result of the decentralized nature of cryptocurrency which makes no central authoritative to own absolute control over its transactions. With time, the governments will be left with no option than to embrace the concept of cryptocurrency as the people begin to understand and like the concept.

The reason why against crypto currency, I think they dont  have knowledge about crypto or maybe they have lost alot money cause of crypto currency. The government against crypto because they want their national currency still exist.

[sirty143]

I think those people who are very against with crypto currency are from governments and banks employers/employees because some of them are worried about crypto currencies because of the possibility that all people will now be dependent to them when it comes to securing people's money.

I think not the employees that are against cryptos but the bank employers, regulators or even the head of state of some countries.

[Claus]

I think they have not seen the new era we are in and moreover the benefits its bringing to the world. They will surely accept it one day. Its just a matter of time.