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.
It is likely that people who speak badly about Bitcoin do not want it to become a means of preserving and increasing wealth, as well as not being used as a means of payment. All this because BTC can harm their business or system and become a big competitor for them. BTC is like a counterweight to the current financial system, which means it is bad for people working for the system. For me personally, BTC is new opportunities for obtaining wealth and improving the quality of life, and therefore I am for BTC.
It's clear that people who are hostile to Bitcoin usually feel threatened by Bitcoin's existence, therefore they will talk badly about Bitcoin. Usually
people who invest large sums in other assets, or people who do support the banking system will feel Bitcoin can compete with them. Whereas if
people who are hostile to Bitcoin can be open-minded and look at Bitcoin from the positive side, there should be no reason to reject Bitcoin. Because
I also feel the many benefits that I get from Bitcoin, and my economy has also improved since investing in Bitcoin. I think people who are hostile to
Bitcoin will definitely regret it in the future.