Some legit criticism would be the 1mb block size limit, with a note on "some", there's a lot of invalid criticism on that topic too. The block size limit was added to prevent spam, by restricting how fast the blockchain can grow.

Since every transaction ever made is logged, and since the blockchain is supposed to run on as many privately owned devices as possible and not on centralized servers, it's vital that it doesn't take up too much disk storage space. Currently around 200GB for a full node.

I think Satoshis mistake here was to expect a continuation of moores law, that is based on 2008's technology, we would all still use desktop PC's today, with spinning magnetic hard drives. Tho those drives would have 128 or 256 TB of storage capacity and doesn't cost more than $50 - $100.

Instead, the smartphone became more popular, then came the SSD drives which are more expensive, hence smaller in storage size but faster which made them more popular. The original idea might have been to allow bigger blocks or some kind of dynamic scaling, but without big storage the blockchain needs to be kept small in size to ensure it remains decentralized.

Today we do have bigger storage mediums at reasonable cost, and a increased block size could be justified. That said, there's been plenty of upgrades which aims to fix the scaling issue, first segwit which reduce transaction size, hence doubling amount of transactions that fits inside a block. Then the beech32 update and now the lightning network which uses parallel chains.

And beside Bitcoin, there are also a few valid alt coins, all with their own brilliant solutions to the scaling problem. From parallel chains, to dynamic block size and more. In the end, if we all reduce consumption anyway, there won't be a need for huge transaction throughput.

It's pretty simple, value comes from a set of properties: scarcity, durability, frangibility and acceptability.

• Scarcity: obviously refers to the limited amount, and the mining process. Nobody can create gold without investing a lot of actual work into mining.
• Durability: the power of lasting or continuing in the same state by resistance to causes of decay or dissolution. I.e all Gold will always be just Gold, same as ever, no expiry date, no rust or stuff like that.
• Fungibility: individual units of the same weight are interchangeable, same quality, same density, same properties overall, compare to say chicken the quality varies a lot by the bird, you get the idea.
• Acceptability: because of the other properties, a lot of people allover the world realized the value of Gold, hence most people accepted it as money.

Now the interesting thing to notice here, is that Bitcoin has the exact same properties, but it also has additional properties, like:

• Portability: No matter how many Bitcoins or fractions of a coin you put into a wallet, the wallet will always have the same size, this of course also applies to cold wallets stored in a physical object, say a book for instance. That book can hold 0.005, 2 or why not 100 000 BTC. This is practical when moving or storing large amounts.
• Divisibility: While Gold cannot easily be divided into smaller pieces, and Fiat currency promise to solve that problem with constant inflation in addition to two decimals, known as "cent". Bitcoin has 8 decimals, which can easily be extended to more in the future, and metric prefixes, like Milli Bitcoin 0.001, Micro Bitcoin 0.000001 and so on. This allows usage of fractions of a coin, to solve the problem with it being "deflationary", which means going up in value, which bankers consider a problem.

Ironically when thinking about it, take the consumerism for instance, we consume a lot of crap because our fake fiat currency is literally burning in our pockets. If your money had value tho and where increasing in value over time you'd be more prone to saving, and only purchase stuff you need. This helps prevent over consumerism and moves away from the modern centralized industrial society altogether while bringing us all back closer to the nature, with freedom and decentralization. But of course with modern technology. Seems like some kind of utopia to me if successfully implemented.

You must be new to crypto. Here's some hopium for ya: https://scored.co/c/Crypto/p/16ZX3Ot5jE/bitcoin-is-dead/c, the infamous logarithmic chart of Bitcoins exchange rate which ever since the beginning has been nearly 100% accurate.

Notice how we're at the bottom now, with only a year or two before the next bull run, where we may se exchange rates up to $500k per BTC. Then of course, in a few years with today's inflation, maybe $500k won't be worth much, maybe we'll see $1M per BTC, who knows.

You barter obviously, just like in the old days when Gold was the most common medium of exchange. Bartering is tax free, sure it takes a little more time as you have to discuss the price of everything which takes time, but then ask yourself why did we have so much time back in the old days, but not anymore. Despite all the technological innovations supposedly designed to save us time.

Money's value used to be PINNED to value of gold.

That was over 100 years ago, and 50 years ago the last fractions of the gold where removed. All that's left now is debt and retards with severe Stockholm syndrome defending that flawed system at all cost.

The real money is Gold and Bitcoin, they both can and should coexist in this modern day world where we need both digital and physical money.