Post
Topic
Board Beginners & Help
Topic OP
Known Problems with Bitcoin
by
daisotope
on 07/12/2013, 03:47:11 UTC
Hi All,

First time poster here! I've recently been thinking about the intrinsic challenges that Bitcoin may have at a protocol level if it ever became the dominant currency for some society. Some often quoted problems are:

- deflationary
- slow transaction times
- environmental impacts of growth in mining
- 1Mb fixed block size

Are there any other problems that are less obvious?

Cheers!
- Daiso