You pretty much covered most of it; and I totally agree that Bitcoin's total addressable market is huge, even bigger than gold's. It's just that a lot of people are skeptical of Bitcoin solely because of it being intangible(besides some other things that's mostly because of ignorance). While digitization definitely has it's advantages, it's just that people like shiny good looking things.
My friends around me question Bitcoin mainly from two aspects:
- The attitude of the national policy is very restrictive and unfriendly to Bitcoin. Most people trust the government for whatever reason.
- The second aspect is their lack of knowledge, they are not good at Bitcoin investment, and the price of Bitcoin is very volatile and easy to be guided by individual people, such as Musk. The final point is that Bitcoin is not in their control. It is better to be a restaurant and have some income every day.