Bitcoin transaction charges are more than compared to Bank transaction in India, Processing time for each transaction on Bitcoin is very high compared to Master/Visa transaction and still mass adaption is not there, this makes Bitcoin transaction very difficult.
Wow! I'm at such an early stage in my journey! I look forward to understanding your point in more detail, and maybe even write about it some time in the future.
One insight I have is that we are yet to truly understand the role of Bitcoin. There are some people who use it as a store of value, some others as a currency, and yet others as a speculative asset.
In many regards we are at a super early stage in the understanding and adoption of Bitcoin and other crypto currencies.
Thank you for commenting! Please keep engaging so I can learn from you as well.
Enjoyed reading about the problem of double-spending. Looking forward to more!
Bitcoin transaction charges are more than compared to Bank transaction in India, Processing time for each transaction on Bitcoin is very high compared to Master/Visa transaction and still mass adaption is not there, this makes Bitcoin transaction very difficult.
Wow! I'm at such an early stage in my journey! I look forward to understanding your point in more detail, and maybe even write about it some time in the future.
One insight I have is that we are yet to truly understand the role of Bitcoin. There are some people who use it as a store of value, some others as a currency, and yet others as a speculative asset.
In many regards we are at a super early stage in the understanding and adoption of Bitcoin and other crypto currencies.
Thank you for commenting! Please keep engaging so I can learn from you as well.