10 reasons why I like Bitcoin
Few.
I like Bitcoin because it is a true free market currency in a world of idiocracy-controlled monetary regimes.
I like Bitcoin because I prefer market forces over a money controlled by a shadowy organization with no accountability (The Fed), a vegetable (Joe Biden), Nancy Pelosi, Kevin McCarthy, Mitch McConnell, and Chuck Schumer. Bitcoin takes human imperfection out of the equation.
I like Bitcoin because Bitcoin doesn’t care about who you are or what you believe. There is no censorship in Bitcoin. You are free to participate in the Bitcoin network as you see fit.
I like Bitcoin because it is a novel asset that is currently valued at $388 billion, a tiny fraction of over a quadrillion dollars in total global wealth.
I like Bitcoin because it is humanity’s last best chance to take power back from the ruling class. Bitcoin = Freedom.
I like Bitcoin because I can send/receive value to anyone I want, anywhere in the world, and I don’t have to ask for permission.
I like Bitcoin because my asset is secured by a virtually unbreakable cryptographic algorithm.
I like Bitcoin because Bitcoin presents a true signal in a world of nonsensical noise.
I like Bitcoin because there will only ever be 21 million bitcoins. Bitcoin savers don’t have to worry about monetary debasement.
I like Bitcoin because Bitcoin is going to improve our lives with a better form of money, and in doing so, change the world for the better.
I like Bitcoin because if I am wealthy like Elon musk, I can pump and dump it and make money.
I like Bitcoin because free markets never lead to manipulation lol
I like Bitcoin because it's so unstable that one day a thing worth 0.01 btc could cost 0.02 btc the next day.
Who wouldn't love their currency be so flexible and the joy of trading just like wall Street does?
It's just another casino, with less corruption, but the games always benefit the manipulative players.
I like Bitcoin too for many of the reasons you list - and I own some of from years ago.
But there are a few reasons why I don't like BTC.
1. There are only 21 million BTCs that can ever be created but there are 100 million satoshis that can be created in each BTC. That means that there are 2100 trillion units of BTC possible. I'm not sure anyone can argue that one Satoshi is less useful than one BTC since they both perform exactly the same function. You can argue that 10 ounces of gold is more useful than 1 ounce of gold (it makes more cell phones and more jewelry) so it should be valued more. But one Satoshi can transfer value just as easily as one BTC.
2. There are unlimited possible new cryptos that can be created to perform nearly the same function as BTC. In that way, the crypto space in general isn't limited in supply even if BTC is somewhat limited.
3. But the really big reason why I don't like BTC is that eventually, the US government is going to come for BTC if it ever gets popular enough.