Criticisms of Bitcoin

This topic examines the main criticisms of Bitcoin — that it fails as money, lacks intrinsic value, concentrates wealth, consumes excessive energy, and fuels speculative culture — as actually voiced by central banks, prominent economists, and academic research, with sources. After 17 years, some predictions (that it would go to zero, or be easily shut down by governments) have not held up, yet open questions remain, including the absence of an agreed valuation method and mining pool concentration.