Cryptocurrency Q&A What is the problem with Bitcoin?

What is the problem with Bitcoin?

CryptoAlchemy CryptoAlchemy Sun Dec 15 2024 | 7 answers 1597
I've been hearing a lot about Bitcoin recently, and I'm curious to understand what the main issues or problems are with it. Could someone explain the key concerns or challenges associated with Bitcoin? What is the problem with Bitcoin?

7 answers

Valeria Valeria Tue Dec 17 2024
Bitcoins face a significant challenge in terms of acceptance.

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Leonardo Leonardo Tue Dec 17 2024
Currently, only a limited number of online merchants accept Bitcoins as payment.

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HanRiverVisionaryWaveWatcher HanRiverVisionaryWaveWatcher Tue Dec 17 2024
This limited acceptance hinders Bitcoin's potential as a viable currency.

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MysticStorm MysticStorm Tue Dec 17 2024
Relying solely on Bitcoins for transactions remains impractical due to this restricted merchant base.

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DaeguDivaDance DaeguDivaDance Mon Dec 16 2024
Governments have expressed concerns about the anonymity of Bitcoin transactions.

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