Bitcoin is terrible for the environment and impractical for everyday transactions. If I want to buy a cup of coffee am I supposed to pay a $2 transaction fee and wait around for ten minutes for the transaction to complete?
Bitcoin has no intrinsic value. Holding Bitcoin as a long term store of value works until people don’t want it anymore. The second it falls out of fashion, you’re Bitcoin horde isn’t even worth the paper it’s not printed on.<p>To those who say Bitcoin is a revolutionary something something and I don’t get it, maybe that’s true. But as I see it, Bitcoin is only worth what it was last traded at, and there’s no way to predict whether or not someone will want to buy it for more than it’s current value. Thats just not an interesting investment to me, and it feels like gambling, so I don’t want to take participate. I hope your Bitcoin goes to the moon. If it does, send me a postcard from Shackleton Crater.