why do we doubt about cryptocurrency?
source: https://goo.gl/images/LhRAZL
Cryptocurrency and Blockchain are technologies that can change the world, free people from government control, really hold their destiny ... LOL!
So why are people suspicious, question mark, questionable, even believe that this market will collapse in the near future?
Possibly the following is the cause:
1. Cryptocurrency is still too complicated
source: https://goo.gl/images/aigwsb
Cryptocurrency is the hardest thing that you try to learn. It is completely new, so the concepts used to explain it are new, not even complete. Decentralization is a new concept that many have not envisioned, such as proof of work, proof of stake, or mining and so on.
2. Consistency of man
source: https://goo.gl/images/zS4ZL7
Duck or Rabbit
To learn about cryptocurrency, you have to let yourself be open with new ideas. Sometimes it goes against what you think, for example, if you ever thought that money in the bank was 100% safe, but after learning about cryptocurrency you have changed this concept.
But the more successful a person, the harder it is to change their perspective on the world. Their ability to look under another corner will be lower, since their interest in cryptocurrency is also reduced. "What technology change the world, I see the world is now okay!"
3. The notion that only the government is issuing money
source: https://goo.gl/images/rS14kE
It is very difficult to tell people that their life would be better if they put their trust in an algorithm, such as the Bitcoin operating algorithm, instead of trusting their government. Even Wikipedia defines "... money in this regard as defined by the Government."
Currently, the government-sponsored money is, of course, more than $ 5.1 trillion a day, or about 200 times the amount of cryptocurrency that is being traded. But cryptocurrency is going to be accepted, no matter what people think.
4. Many people do not care
source: https://goo.gl/images/Cfn1Yf
The simplest reason, the most reasonable, is that people do not crave attention. In a survey, "Not necessary, or not interested" is the number one reason people do not buy or trade cryptocurrency.
5. Do not be curious
source: https://goo.gl/images/ancoFc
The easier it is for you to ask yourself why you do not know about cryptocurrency, then that is because you are not curious.
Bitcoin is the fastest growing human capitalist in terms of capitalization. They generated $ 150 billion, then $ 300 billion worth of crypto last year. The crypto fever is hot, but you do not know, it is because you are not curious.
6. Cryptocurrency fluctuations too large, risk too high
souce: https://goo.gl/images/yaQL4R
This can also be a top reason, so high volatility makes people afraid (others prefer, for example, bypassing cryptocurrency).
However, until now, the volatility of cryptocurrency has been reduced, and it is likely to fall further in the future when some government wants to jump in.
7. Phishing
source: https://goo.gl/images/Ed2uiJ
Bitconnect, iFan, onecoin, Skymining,...
Cryptocurrency no scam! People scam! Do not blame crypto!
8. The application of cryptocurrency is still very ambiguous
Even for cryptocurrency lovers, it is still difficult to see the light of it, because that light is still too dim. Most of us do not really see the true shape of the Blockchain network, or interact with it. Almost no one uses Bitcoin to pay for morning coffee
Although the above reasons may interfere, I am confident that the light of cryptocurrency will continue to be brighter, and at some point, like the sun, it will be more visible to all. There have been many refugees for large investment banks turning to crypto work. Every day, the crypto community grows stronger, and developers are refining their technology.
Do you believe in cryptocurrency?
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