Bitcoin disadvantages (discussion)

[Ambar33n]

What disadvantages does bitcoin have or it is a perfect payment/investment tool?
I wonder what do you fear or feel uncomfortable about.

 

Bitcoin is highly volatile. Fee's are like $~3. Exchanges still get hacked which causes the price to decrease. It's a highly speculative asset because no1 knows if its centralized or not. Pretty sure Chinese Miners control bitcoin (speculation btw).

 

[Ambar33n]

Also talking about 'Bitcoin' as a synonym of 'cryptocurrency' or 'digital cash'. Today, the whole ecosystem is far from friendly. The user experience is tough and not easy.
One need to do a lot of research before buying crypto: choose wallet, exchange, currencies. Learn how to securely store and spend Bitcoins. Take care of the tax stuff...

Those steps may sound simple for the ones, who already know about Bitcoin for a year, but not tech-savvy newcomers.

Bitcoin ecosystem is not user-friendly.