A PayPal transaction takes 180 days to "clear". It easier to reverse a PayPal transaction than it is to reverse a zero-confirmation bitcoin transaction. It takes bitcoin 10 minutes (on average) to confirm; it takes PayPal 6 months. And if you need instant payments, such as to buy a coffee, then you use Lightning.
I use it to pay for stuff almost daily. It's far from useless. I'm afraid that the arguments you are making suggest that you have made one or two poorly configured transactions where you overpaid on fees, and have therefore decided that bitcoin is uniformly terrible.
1) NO It bloody well does not, let's be honest here, PayPal 99.9% of the time will work just fine, be instant and without any issues. You're talking about chargebacks and suspicious payments which YES Bitcoin does not have but there's a pros and cons to having this. Sell something with Bitcoin and get screwed over, good luck on getting those funds back.
They both have pros and cons but lets not pretend here that for all payments you're waiting 6 months, that's bloody well not true and you know it. Talking about totally misleading...
2) Oh the poorly configured argument, well if you're going to go down that route that it's 'my fault' and 'poorly configured' then I'd love to hear you argue how this is going to become globally adopted and something my Granny can use and is going to take the world by storm. It's easy to pin the blame on others to hide the GLARING flaws with Bitcoin. Get a grip man!