Post
Topic
Board Bitcoin Discussion
Re: Why I Disliked Bitcoin
by
Tony116
on 07/11/2022, 11:53:21 UTC
I've known Bitcoin since 2012 but started using it in 2019, though it was still for payments (funding and withdrawal) of online Forex trading, nothing more because I was careful to deal with something that might aid illegality. I later discovered that I was naive at that time, the latest development/revolution in Bitcoin made me ever feel bad and I had lost a lot of opportunities in the past to this.

The lesson learned was that it is better to move closer to what is new to us than to be condemning it from afar. Can you imagine that despite having enough money to invest in the cryptocurrency between 2019 -2021, I was adamant that I wouldn't because I believed Bitcoin aids legalities like trafficking, money laundering, terrorism, activities of drug barons, and many more. I forgot to think that as it has its advantages, it also has its disadvantages, no system works perfectly.

Thanks to the present-day awareness, development and regulations that make it clear that Bitcoin is not as porous as I thought. 95% of my only transactions are now crypto-based.


I love to read your stories about Bitcoin adoption too!
many people underestimate and end up regretting like you,
because they only see the weaknesses, do not see the strengths.

many people regret it.

but it's never too late to invest in bitcoin, it's people who don't invest who are slow to realize the advantages of bitcoin.

Not only OP but you should know that most people will make the same decision at that time, even you in that situation will be like us. When something is so new, people tend to be suspicious and distrustful, even the first bitcoin miners were uncertain about its future let alone the likes of us.

It's funny how many investors nowadays say why the first people to accept bitcoin didn't hold bitcoin until now, you won't regret it until you see it as successful as it is today. The future of bitcoin has always been an unknown, even now there is no guarantee.