Quote from: qwertyup23 on Today at 02:31:18 PM

Quote from: MrcMrc on August 17, 2021, 10:29:45 PM

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.

Unfortunately, the people that are hostile to BTC are also the ones who invested during the ATH of it on the last quarter of 2018 then proceeded to sell it when its price dropped on the first quarter of 2019. Mostly, these people blindly invest into it without doing their research. They just ride the 'hype train' without even knowing what they are investing on.

There will always be hostilities against something innovative. As an analogy, some people were hostile and against the creation of vaccines. They tend to believe what others say without even conducting proper research on their end.

There are really these people who are very hostile to bitcoin not because they don't know nothing about bitcoin, but because they are too confident investing in bitcoin that they tend to forgot the do's and dont's in bitcoin and made them become greedy so they end up losing their capital.

Perhaps the reason of their hostility is their unaccepted losses that until now they even hate bicoin more than they love it before. People like this should never engage into any kind of investment or else, they will keep on being mean on the reason of their defeat.