I dont like BitCoin for these reasons:
1. The whole idea that someone can turn on his computer/GPU and "
bit mine" and earn money is ridiculous.
People should earn money when they work hard for it. Turning on a computer and leaving it to run does not and should not count.
This is a waste of electricity as well and therefore it causes greenhouse gases and has a
carbon footprint.There is nothing bad that money can be earned in this way. No one are stealing nothing and stealing it is the only way of earnings that can be punished.
2. One would think they came up with a new currency system so theft could be prevented. No,
BC gets stolen all the time.
Why couldn't they "disable" the serial numbers of the currency that was stolen? Thats the kind of system that should have been designed.
No one has told that with bitcoins will not be stealing of bitcoins. Stealing has nothing to do with the money but with the evildoers. There are and there will be always such kind of people and they will steal not only bitcoin but everything. Even the fiat money you like.
3. BC is unstable. People lost a lot of money (
one tiny example; there are probably hundreds and thousands) and they did nothing wrong. A good modern currency should not have this defect.
Every fiat money is unstable. Let's remember here the us dollar. There are to many periods where us dollar was devaluated and evaluated again. We can rememebr that this has happen even the last 7-8 years. Only the last year (two years) us dollar has gained about 20% of his value.