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?
Mostly, those people who ended up with negative impressions about cryptocurrency are those who want to try it for the first time but ended up investing on the wrong ones. They were immediately discouraged to try it that they missed the chance to invest on the real deal. It's like when you tried holding something not knowing it's hot so you immediately dropped it when you burn your hands.