> BitCoin is not useful as a payment method; it's too slow and wasteful (the hardware and energy requirements are absurd) and the transaction fees are too high.

> BitCoin is not useful as a payment method; it's too slow and wasteful (the hardware and energy requirements are absurd) and the transaction fees are too high. If you're paying a contractor it's easier and more reliable than paypal and the fees are a fixed amount of money, not a percent like credit card merchants. Plus the lightning network is rolling out. > BitCoin is not useful as a store of value; the price is incredibly unstable and open to manipulation. agreed, currently the case, however there is increasing amount of research in stable coins ( makerdao and basecoin, not tether) > BitCoin is not secure; if you're a victim of fraud there's no recourse. There have been so many heists I can't even keep track of them all. bitcoin has never been hacked. On the contrast there are tons of examples of paypal and banks locking up funds from individuals, no way to do that on bitcoin > It's not private; if your wallet address is ever associated with you, everything you ever did is laid out for all to see. the official client recommends using a new address for each payment you receive and send, also coins like monero exist for full private