Could you elaborate on the feasibility of using
Bitcoin as a payment method? I'm particularly interested in its current acceptance rate among merchants, as well as any potential challenges or limitations that may arise when utilizing Bitcoin for transactions. Is there a significant transaction time delay compared to traditional payment methods? Also, are there any security concerns associated with using Bitcoin for payments? Lastly, how do the transaction costs compare to traditional payment gateways? Understanding these aspects would help me determine if Bitcoin is a viable option for payments in my specific situation.