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?
In my country in mainstream media, every day I am hearing some news or discussions on bitcoin (not cryptocurrencies, because they associate cryptocurrencies with bitcoin and that is that) and it is universally negative. There is even a central bank sponsored website discussing how the bitcoin is not a state-regulated or a state-distributed asset and as a result it is very untrustworthy. I always smile at it, because those are exactly the reasons that bitcoin IS appealing to me