What you don't like about Bitcoin? | Bitcointalksearch.org

canadian1980

newbie

Activity: 24

Merit: 0

Quote from: iamTom123 on December 27, 2017, 10:11:12 PM

https://pbs.twimg.com/media/DSGTkJ9X4AEdTS8.jpg

We have to give a big tribute to Satoshi Nakamoto because of his great gift to mankind and that is the blockchain technology with Bitcoin as its currency. Satoshi was not a self-centered big ass as he let go of the technology and make it open to all who wanted to see and use it for any purpose even to rival the very platform he established.

However, just like anything made by man, there is no absolute perfection here either by design or in the implementation process. Human nature can set in anytime which can wreck havoc on something which seems to be almost perfect. This is happening right now. There are some things we don't admire with the way things are with Bitcoin at its current form.

Please share the things connected with Bitcoin that you don't like...

Indeed, it is a great gift to mankind. However, following issues are still confronted by people across the globe:
a. High transaction fees
b. No proper legislation for regulation/ acceptance all over the world

mhhyysqa

newbie

Activity: 78

Merit: 0

Just today, I paid 15 dollars a minute. This is a super high cost. And there's a bad rule on the stock exchange. No matter you trade or draw money, you have to collect fees. No matter how many bitcoins you pick up, you will charge every ten dollars. Only a large amount of operation can be done, and small bit of bitcoin investment is basically a loss.

Nilda

member

Activity: 336

Merit: 14

Not government-regulated yet. Scams abound. There are two things certain in life, death and taxes. In bitcoins, it’s the transaction fees.

Fippy

full member

Activity: 252

Merit: 100

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The only things that i dont like is those fees that we need to pay daily i have spent more than $100 worth of fees during the last week, maybe is not a large amount of money but it is still a high amount
and the transactions are not fast at the moment

iamTom123

hero member

Activity: 490

Merit: 501

We have to give a big tribute to Satoshi Nakamoto because of his great gift to mankind and that is the blockchain technology with Bitcoin as its currency. Satoshi was not a self-centered big ass as he let go of the technology and make it open to all who wanted to see and use it for any purpose even to rival the very platform he established.

However, just like anything made by man, there is no absolute perfection here either by design or in the implementation process. Human nature can set in anytime which can wreck havoc on something which seems to be almost perfect. This is happening right now. There are some things we don't admire with the way things are with Bitcoin at its current form.

Please share the things connected with Bitcoin that you don't like...

Topic: What you don't like about Bitcoin? (Read 87 times)