Why are we even taking time to critique startups like this when 9 out of 9 of these problems are already solved with cryptocurrencies that have been around for 10 years? I struggle to see why this is even a product at all?
Unfortunately mainstream consumers still love credit cards, and think "Bitcoin" is some sort of criminal activity.
Unfortunately, if you look at real usage patterns, they are not completely wrong either. At least from the POV of a mainstream non-technical person not visiting obscure meetups but reading newspapers.
Nowadays we know banks get criminal legislation in their favor. That's pretty criminal. Bitcoin doesn't get much legislation, which is a good thing.