I got modded down, but there is no objection here? The ability to be stolen is what makes BitCoin like cash. That's one of the core innovations of BitCoin - you can't double spend it, once it's gone it's gone
So it's exactly like USD only: few accept it, there is a fee to transfer money in any reasonable amount of time, it isn't backed by any country, all of the exchanges are regularly stolen, it's a giant ponzi scheme, even the austrian economics think it's worth nothing, and there is no form of consumer protect/insurance whatosever. Sounds great, why hasn't the world switched over yet?