Post
Topic
Board Bitcoin Discussion
Re: Why are some individuals hostile to Bitcoin?
by
sapnu
on 19/08/2021, 11:14:07 UTC
For some time now I have constantly come across prominent individuals in society sponsoring hate speech against Bitcoin, most surprisedly These individuals either own traditional financial platforms such as banks and they are expected to be knowledgeable in investment and financial transactions and processes that seek to eliminate all the security challenges faced in the banking system through blockchain technology which give end-to-end encryption that guarantees a high level of security.

What are their motives could it be that they are just anti Bitcoin or attacking Bitcoin because it is a competitor that will soon push them out of business.
One of their reason behind could be because they are too ignorant on what bitcoin can do with their lives. It can also be because they once had a bad experience or ended up losing a lot of money from it and they didn't bother to try again so they are trying to pull other people down with them. It can be rational too if their reason is threatening their business but no matter how hard they try to persuade other people to stop patronizing bitcoin, it won't be possible because bitcoin's influence will spread continuously over the years and it will get enough recognition someday to be considered as a legal currency.