16amxn16
Of course not.
Well, that's on them. Lots of valuable comments get flagged.
You have a point though. If snobbery and walking in eggshells is what's valued here, why waste my time?
Another end game: some sort of ID is required to use anything (that ID being a local phone number, which can be tracked down to you).
1) The fact that Bitcoin mining traffic is detectable by ISPs (similar to torrents), so if a country prohibits it, the ISPs could simply detect that traffic trivially and get you arrested. Or simply block downloads of the client, etc
2) The centralization (or lack of democratization) of mining. A few huge pools, mining rig operations instead of individuals running software on their computers. SHA-256 ASICs and lack of blockchain pruning caused this.
3) The overreliance on exchanges - not your keys, not your coins etc
4) Every transaction is trackable, no real anonymity
5) The -even daily- value fluctuations
6) Hard to understand for layman people
That said even with all of these drawbacks people do use it in real life for its original intended purpose (remove the middleman), specifically in third world countries. But I think it would be great to go back to 2009 with all of the current knowledge and redesign these bits
I think that inevitably, it will be banned at some point in the future due to 1) and 2).
Note: I don't save in BTC, just use it to get paid from overseas then convert it to local currency.