It's quite alpha still. Every time they do snapshots, people "lose their money" and need to re-attach themselves to the tangle by clicking a button several time

It's quite alpha still. Every time they do snapshots, people "lose their money" and need to re-attach themselves to the tangle by clicking a button several times in the wallet. The tangle is sometimes very slow to do transactions. They still have a proprietary software validating transactions so it's not really decentralized. There is only one exchange to buy Iota currently and that is Bitfinex, which doesn't have so good track record regarding hacks. Sometimes the exchange holds your Mi for over a day before transferring them to your wallet.