#MainStreamMedia Common criticism and misconceptions about #bitcoin:
1. Bitcoin is too volatile to be a store of value.
2. Bitcoin has failed as a means of payment.
3. Bitcoin is wasteful and/or bad for the environment.
4. Bitcoin will be replaced by a competitor.
5. Bitcoin is not backed by anything
Valid #bitcoin criticism:
6. A bug in Bitcoin's code could render it worthless.
7. Regulations will slow Bitcoin adoption.
8. People could lose interest.
9. There are "unknown unknowns:"