File systems for removable storage

I recently wanted to reformat a memory stick so I could move a big file between two computers. It should have been easy, but instead it sent me down a rabbit hole of options for file systems. So, in case anyone else wants some objective facts and subjective opinions on what file system to use for their removable storage, here is what I found.

So what did I pick? In the end, I went with exFAT. Despite its origins and its license, it is actually very widely supported. You can be confident that you can put files on an exFAT disk and that anyone will be able to read them without installing any special software. And that was what mattered most.