I am largely ignorant to the details of BTC and other coins, but your comment seems incorrect. > Most importantly it can't be created/destroyed at will by a ce

I am largely ignorant to the details of BTC and other coins, but your comment seems incorrect. > Most importantly it can't be created/destroyed at will by a central government. Couldn't someone destroy/steal my BTC wallet though? I'd have no recourse for justice, right? Also, doesn't the Federal Reserve print money mostly at will? > Huge sums can be transferred globally at the speed of light with very low fees. I think the speed claim here is totally false[1]. > With normal currency a wire transfer costs money Don't all BTC transactions have confirmation fees? > and moving a lot of money from a bank account usually takes days. This is true crypto currencies shine here. It can take 20 minutes to transfer $5 or $5,000,000. > The electricity it takes to maintain it is nothing compared to the rest of the banking system. Maybe, but also maybe not. The rest of the banking system provides lots of services and protections that crypto currencies don't. > These properties are the very nature of crypto, that's why it's intrinsic. These are properties of crypto currencies for sure, but that these are valuable properties is entirely subjective. [1] - https://blockchain.info/charts/avg-confirmation-time https://blockchain.info/charts/avg-confirmation-time