Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin become a daily currency?
by
Maryverycool
on 22/03/2018, 12:00:46 UTC
Bitcoin transactions are way slower than other cryptos and fees are high, and when you pay with bitcoin you pay with only fractions of it, so do you think it is possible for bitcoin to become a daily currency? Something you can use to pay for coffee? If no, then what cryptocurrency have this potential?
I don't think bitcoin is a daily currency. It has many shortcomings that limit it. First of all, it trades very slowly, its transaction costs are very high, and its transactions require the Internet to be completed, which limits it to become a daily currency.