Post
Topic
Board Bitcoin Discussion
Re: What do you think are the biggest disadvantages of Bitcoin?
by
bc-eman
on 16/06/2017, 21:14:39 UTC
What's preventing Bitcoins from being accepted as mainstream payment forms? I'm working on a new blockchain and would like to learn what drawbacks of Bitcoin urgently need to be improved Wink

Some real and/or imagined roadblocks to adoption:
  • bitcoin (and the notion of crypto currencies in general) is unfamiliar to many (see Technology Adoption Life Cycle)
  • the bitcoin price is volatile
  • government requirements are not clear
  • user is responsible for knowing how to secure their wallet
  • reports of scams
  • commercial services and products using bitcoin are still in early stages