This might be more pedantic RE the comparison to Google, but there's a good subset of people who think that Bitcoin provides no value. I think there's a lot of

This might be more pedantic RE the comparison to Google, but there's a good subset of people who think that Bitcoin provides no value. I think there's a lot of interesting innovations in the space, but I can think of a lot of counterarguments to Bitcoin's "value". These are points I've heard... - distributed ledger: In practice, things that require ledgers also have a degree of trust between parties. They also usually are bound by contracts and laws. Enforcement power is necessary for ledgers to be useful - store of value: Many different securities exist with less volatility. Also I either store my value in exchanges I can't trust to stay solvent, or I am now hiding my BTC under my figurative couch and can't use it super easily. - Transaction mechanism: For small transactions, the mining fees are prohibitive and the speed's not great. For large transactions, banks work fine. Each transaction uses absurd amounts of energy I think the blockchain is interesting (smart contracts as a thin layer under "real" contracts), and can come up with theoretical use cases. But large-scale "real" usage needs to happen for a lot of these counter-arguments to become less compelling.