What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
The problem with the transaction speed and the fees is about to be solved so do not worry about it, second the issue of the energy is grossly exaggerated if you were to add all the energy consumed by the financial sector and if we were to scale bitcoin to that size bitcoin will be a lot more efficient than the financial sector, third bitcoin is banned in some countries but, who cares about that? And finally the price can be manipulated but that happens in all the markets.