Why some people don't believe in Bitcoin?

[Domithra]

I have a friend who is so skeptical when it comes to Bitcoin. He thinks its a scam irrespective of whatever you will say about Bitcoin to him. Is it because he is the type of person who believes in things he can only perceive with his five senses? Or what do you think?

[jekjekey]

Because they didn't know yet about bitcoin what willl the benefits on it thats why they too judgemental but let them be they will repent someday.

[dragononcrypto]

People don't understand blockchain yet, nobody can really agree with something they don't understand. Most people don't understand it.

[jdcruz1412]

Experts say that bitcoin wasn't backed by anything unlike fiat currency which is backed by gold, so the price of bitcoin is purely speculative and the price depends on its supply and demand and that is why they consider bitcoin as scam but they don't really understand cryptocurrency and blockchain.

[Terry Telford]

Until cryptocurrency is mainstream, most people won't understand it or believe in it. Thankfully we are early adopters and will profit handsomely by being in early

[Lyfuuuuu]

I have a friend who is so skeptical when it comes to Bitcoin. He thinks its a scam irrespective of whatever you will say about Bitcoin to him. Is it because he is the type of person who believes in things he can only perceive with his five senses? Or what do you think?

It's because Bitcoin needs more advertisement, it still lack of understanding to other people so they think it's a scam, but the truth is they don't understand what it is. Just like the saying, "To see is to believe" right? And we are the one who sees it first, that's why we're here, taking advantage so that we will earn good money. Maybe it'll take years before they'll understand the true meaning of block chains and why it is important.

[Zed0X]

I have a friend who is so skeptical when it comes to Bitcoin. He thinks its a scam irrespective of whatever you will say about Bitcoin to him. Is it because he is the type of person who believes in things he can only perceive with his five senses? Or what do you think?

Most people who do not believe in investments like cryptocurrencies are usually not educated enough or are stuck with their self-limiting beliefs. Some are just waiting for people in crypto to have good results before they start believing.

[maris02]

Because they don't know what is bitcoin, and how do it work. There are so many scammers, and  fake news about botcoin in the internet. So the people are afraid to it. Unless they try it by there own before believing in fake news and accusations.

[isomoyes]

Maybe it's happening for fake news. News are effect so much general people. Some country government are have bad feedback. Although they have not clear knowledge about it.

[Den03]

There are some people who dont believe about bitcoin because they think its illegal and it might lead you to imprisonment.Mostly in the news we read about online business causes negative and off course in the telivision also it might add negative effect to people instead of  believing .

[Markjay11]

That's the question of other members and I think other people in different countries do not believe in bitcoin because of the scam of other people they think the bitcoin site is not a legit and they do not want that they can scam it.

[Zei0801]

Because they still don't know about bitcoin and how it works. If they know, they just ignore it.

[blackstar02]

because they dont believe you can earn money from bitcoin and they said too the bitcoin is not secured no bank related. these is some reason why others didn’t believe in bitcoin.

[Duavent21]

Same situation sir my friend did not believe about of bitcoin because he told me that bitcoin is a scam so i guest that the reason why others people did not believe and maybe other reason that most of people did not know about crypto coin.

[bxbxy]

Because they dont have enough knowledge about cryptocurrency or bitcoin thats why they are thinking that it is just another online scam. Thats why you should explain to them clearly what is bitcoin and what is the benefits of having a bitcoin and etc.