It's a bad investment. The bitcoiners say it's the best performing asset of the decade, yet just last year, its price fell by 80%! What's worse, it's happened like four times already and it just won't die! This crazy volatility is the reason why it's never going to be a viable investment unlike stocks and bonds. Besides, one bitcoin already costs $37000, how much higher can it go?

It's full of bad people. There is no company controlling the bitcoin network, and the nodes are spread out all over the world, which means nothing can prevent anyone from using bitcoin! Yes, ISIS, North Korea, Russia, Iran and who knows who else might be conducting shady transactions, and there's nothing we can do about it! And the worst part is, nobody checks the new accounts! So any person with a smartphone and internet connection can just start using the network, without KYC/AML! Super dangerous!

It's hard to use. Who thought that having full control over your money is a good idea? Bitcoin users are always on edge, double-checking every transaction, paranoid about making even a tiny mistake. Why? Because there's no safety net. Sent your Bitcoin to the wrong address? Too bad, there's no customer service to call for a refund. Lost your wallet's key? Kiss your digital fortune goodbye. Luckily, we can trust our money to a team of professionals at any bank and have a peace of mind.

It's wasteful. Picture tens of thousands of computers working 24/7 for years, doing nothing productive except "securing the bitcoin network". What a waste! We should be mindful and use much less energy to save the planet, so let's ditch this energy-hungry beast! I heard that they install those "miners" close to the power stations to "balance the grid" and "absorb the excess power", but that sounds like a convenient excuse. Can't we just find a smarter way to handle our surplus energy?

It's slow and expensive. Have you ever tried to send a Bitcoin transaction when the network is busy? You could be waiting hours for a confirmation! And the fees - during peak times, they can skyrocket! Who would voluntarily choose to pay and wait more when our current digital transactions are almost instantaneous and typically free?

It's not backed by anything. That's right, unlike the stable currencies issued by our governments, which are backed by tangible assets and promises, Bitcoin is backed by... nothing! It's just lines of code! Some people keep talking about the most powerful computing network on the planet securing it, but the code is open-source! Anyone can just copy it and change it, what a security oversight!