With the caveat that my knowledge of Bitcoin is limited, I know I can't be bothered to use it because
- Stories about transaction fees that are more than the cost of something you would buy with it ($25 at on point)
- Stories about Bitcoin exchanges (if I have that term right) where the person in charge just... took everything and ran; and anyone with money in it just flat out lost it
- No way to reverse a transaction if you are scammed (vs a credit card where you can almost infallibly get a transaction reversed)
- Stories of exchanges failing and everyone losing out... whereas in a bank, the FDIC handles it for you and you get your money back
Now, I may be wrong about some of that... but those are the stories I hear. And, given them, why would I even bother to try Bitcoin?
- Stories about transaction fees that are more than the cost of something you would buy with it ($25 at on point)
- Stories about Bitcoin exchanges (if I have that term right) where the person in charge just... took everything and ran; and anyone with money in it just flat out lost it
- No way to reverse a transaction if you are scammed (vs a credit card where you can almost infallibly get a transaction reversed)
- Stories of exchanges failing and everyone losing out... whereas in a bank, the FDIC handles it for you and you get your money back
Now, I may be wrong about some of that... but those are the stories I hear. And, given them, why would I even bother to try Bitcoin?