The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
I do not think it is a phobia, there are two types of people, those that do not know anything about bitcoin but have hear the news about scams and things like that and have began to repeat what they hear, and there are those that know about bitcoin but it is in their best interest to spread fake information about bitcoin.