Post
Topic
Board Bitcoin Discussion
Re: Why do some people refuse to accept bitcoin?
by
0t3p0t
on 18/01/2019, 01:26:01 UTC
https://medium.com/datadriveninvestor/why-your-annoying-friend-wont-stop-ranting-about-bitcoin-9808a132480

The author of this article believes that putting a small amount of currency you have into BTC can help you protect your wealth.

He says, “If enough other people believe BTC is money and use it; it’s money even if it doesn’t follow the old rules our nobel prize winning economists have told you. The old rules are being taught a new lesson by the market.”

What do you think about it? If you or your friends don’t buy any bitcoin, what is the reason?

It could be that people don't buy Bitcoin mainly because they don't know more about it, on how it works and how it will survive for the next couple of years. They are afraid of something like bearish market, security breach and other technical reasons that could push them away from using Bitcoin. In my case if I don't have to buy Bitcoin, the reason is that if only fiat money would function like Bitcoin.