So there has been a lot of hype about bitcoin lately and I know it is revolutionary and has lots of advantages. But let's try to state the reasons why exactly do you personally think that bitcoin is not great and lacks in some points. I know it has great applications and is just great but it is not falwless right?
My question is simple and straight, What are the flaws of bitcoin?
Except its high volatility and "Dark use" (in illegal activities).
I think, one of the current weaknesses of bitcoin is, Process transactions that take a long time.
The linear growth in the block chain that forms Bitcoin results in an exponential growth in the calculations required to process and verify transactions. Transactions that usually take 10 minutes now take hours.