The reasoning behind my thinking that Bitcoin isn't real money is :

1, You can't goto your local petrol station or McDonald's to buy either cigarettes or burgers.
2. Do I really want to wait from 15 mins - 2 hours to confirm a small purchase at an establishment.
3. Sooner or later someone will crack private keys or find a way to control wallets and all Bitcoin will turn to dust.
4. How would you calculate the price of an item if Bitcoins price is so fickle