* It is a store of nothing, in fact it is drain of enormous amounts of electricity and computational power.
* I wish it were cheaper or simpler, it was true in its early days but not anymore once there is speculation & "store of value"
* I agree that some countries like Venezuela can benefit. In a pure capitalist society one still has to risk their money to buy shares at the minimum. In the case of Bitcoin one only has to sit on it and wait for Venezuelan assets to come and back it up. Poor Venezuelans are are going to part with their assets to make some speculator rich, let us not forget the other unsavoury type who most need anonymity.
* There is a very high chance that major countries are going to bar private crypto being backed by regulated institutions like banks.
* I wish it were cheaper or simpler, it was true in its early days but not anymore once there is speculation & "store of value"
* I agree that some countries like Venezuela can benefit. In a pure capitalist society one still has to risk their money to buy shares at the minimum. In the case of Bitcoin one only has to sit on it and wait for Venezuelan assets to come and back it up. Poor Venezuelans are are going to part with their assets to make some speculator rich, let us not forget the other unsavoury type who most need anonymity.
* There is a very high chance that major countries are going to bar private crypto being backed by regulated institutions like banks.