At the moment more people transacting in Bitcoin makes Bitcoin less useable as a currency. Transaction costs of >10 dollars per transactions are simply undesirable for most economic transactions. Politically, it also seems to be hard for bitcoin to change in a way that would make it suitable as a real currency and radically reduce transaction costs.
At the moment more people transacting in Bitcoin makes Bitcoin less useable as a currency. Transaction costs of >10 dollars per transactions are simply undesirable for most economic transactions. Politically, it also seems to be hard for bitcoin to change in a way that would make it suitable as a real currency and radically reduce transaction costs.