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In fact, bitcoin does have its drawbacks. Bitcoin is made (or "mined") at a predetermined rate and gradually decreases, with a total limit of 21 million coins. The rate of increase in Bitcoin is not in line with the number of people who want to buy it, so the price of a Bitcoin continues to increase.
As the price increases, both "miners", who use their computers to perform complex calculations to create currency, and those who buy bitcoin from others, are reluctant to use it as a currency by spending it.
Original: https://cnsteem.com/cryptocurrency/@auzifalevi/the-weakness-of-bitcoin-7dbe7c7e01f9c As the price increases, both "miners", who use their computers to perform complex calculations to create currency, and those who buy bitcoin from others, are reluctant to use it as a currency by spending it.
