Post
Topic
Board Bitcoin Discussion
Re: Why are some individuals hostile to Bitcoin?
by
goldade
on 22/08/2021, 22:14:38 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.

I'm pretty sure bank owners will one of the major set of persons who will be against bitcoin and its use in the mainstream world. If you ask me, one thing I'd say is it is impossible to support the one thing was created to make you fall.
With bitcoin, it is certain that popularity of banks will gradually diminish until we get to that point when banks are highly irrelevant.
If the above scenario is going to happen, it will happen with increasing adoption of crypto in the mainstream world which is exactly why banks owners and others thar stand to lose will speak, at every opportunity, against bitcoin.