Post
Topic
Board Beginners & Help
Re: Can bitcoin become the currency of the people and replace money.
by
bangzilla
on 14/06/2012, 13:50:40 UTC
i think bitcoins have a bunch of issues that can perhaps one day be resolved.

right now i see it as a linux like system, only the tech geeks have the patience and technical aptitude to set it up. even to obtain bitcoins you need a wallet, then you need to go over to an exchange and place a market order or limit order, pretty complicated.

also the price instability from speculators make it risky for a business to start accepting as payment.

and of course security.