Post
Topic
Board Bitcoin Discussion
Re: Why Media is negative about Bitcoin?
by
michaelch
on 10/02/2018, 00:51:13 UTC
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
https://www.bitex.in/a-class-of-indian-media-unnecessarily-damaging-bitcoin-reputation/


What is the reason for doing this? Do they intentionally do this so that even they can invest in Bitcoin and make some profit?


The problem is the anonymity leads to non-legal activities being used in bitcoin. Which is why governments are keen to regulate the industry. There have been hacks and scams that have affected many people as well. Don't necessarily agree with them, though.