Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.
Reason 2: Nobody can take away your bitcoin whereas the bank can confiscate your cash and lock your account - should I worry about my bank doing this if I am not doing anything that is illegal?
Reason 3: You can send it to anyone in the world - why would people want Bitcoin when you cannot use it to purchase in many stores? Plus ii takes too long for 1 transaction to go through.
For sure I also ask myself why people would think that banks would close their account for no good reason. The only reason why banks will close your account is when you’re involved in illegal practices. If you’re the keep–your–hands–clean type of person, then you wouldn’t have anything to worry about banks closing your account. So you’re right about that particular one. And secondly , there isn’t many stores where you can spend Bitcoin, I don’t have any problem because I think the main purpose is just peer to peer transactions.
There are companies that pays their workers with bitcoin these days. Then as for the transactions taking long, it’s not something that happens all the time. Finally, your first point shows you don’t understand it. Bitcoin has a time it goes up big like it did this year, and it after every four years when there is a halving, and after the prices goes up, it always comes down. So, I don’t think it’s all about whatever nonsense any influencer has to say or not, because without them saying it, the price will still go down.