lets address the elephants in the room
1 ) It is not controlled by anyone. Its a decentralised peer-to-peer network.
2 ) Based on open source software.
3 ) This means it can not be manipulated, Bitcoin supply is fixed modelling it after gold.
4 ) Nobody can stop or prevent transactions.
5 ) It has low fees compared to other online payment methods like paypal, credit cards etc.
6 ) It is truly global.
7 ) It is programmable money that allows for smart contracts.
8 ) Anybody including kids from their basement, can create financial applications without permission. This is because its open source technology and the network is not controlled by anybody. Nobody needs to ask permission to use it and nobody can restrict access. If you have access to the internet you can access it.
1 ) although the core fanboy leaders are using a softfork to slide in a change without the network nodes needing to upgrade/vote/consent.. the fanboys have faith that their leaders are doing it with honour. but they forget that even having the ability to slide in changes without consensus, can be used for bad too.
thus bitcoin is not indestructible as it relies on the TRUST that a group of devs are going to be honourable.
.. now imagine that it was used for bad..
2 ) doesnt mean malicious/or unintentional bugs cannot be slid in.
3 ) softforks can and do manipulate
4 ) pools stop and restrict transactions every day: no fee, not meeting the rules, being a double spend. miners can CHOOSE any tx they like to be added or avoided.
5 ) low fee's of $0.06 may seem a low minimum in the western world, but is an hours labour in developing countries
6 ) not if the fee-war has anything to do with it. it is already causing a barrier for entry in many countries.
7 ) and we have to 'trust' those programming it. again emphasising the softfork weakness
8 ) proves my point of points 1,2,3,7
what i do find funny is how people who already know about bitcoin are trying hard to brush the weaknesses under the carpet to oversell bitcoin to other people who already know about bitcoin (if you are on this forum you already know bitcoin, so no need to over promise bitcoins abilities to eachother)
and if these over promises are going to be used to explain bitcoin to those that dont know (mainstream world) they will just become distrustful when they see it had been over sold to them.
EG go to india and tell them its "low fee". and then give them just enough bitcoin for an hours labour and see it evaporate in the fees alone.