Re: What do you think are the biggest disadvantages of Bitcoin?
For me, the biggest dksadvantage of bitcoin is; it is not widely accepted. Infact, some countries are banned this kind of technology. If you want the list here https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country. Second, it has no physical form. You cannot spend it ti any physical stores. Only few stores are accepting bitcoin. You need to convert it to cash in able to buy. Third, bitcoin can be lost. Just like physical.money, it can be lost. For example. You have stored your btc at your pc, but the pc crashes. Your wallet is lost and also your btc.
There are many disadvantages of Bitcoin especially in some countries. Some countries doesn't accept or even use bitcoin. Some shops and establishment doesn't accept bitcoin too. You can only use bitcoin in selected shops and another one of the disadvantage of it is because I think other doesn't seriously using bitcoin in good ways. They use it in gambling that lead them to waste their bitcoin. Bitcoin cannot overcome the real money and bitcoin somehow doesn't fully accepted in some countries so that some shops/establishment doesn't accept it and you can't use it to buy, invest and as payments in some personal things. In other words, the Bitcoin is very limited only nowadays.
