Originally Posted by StackPaper
Iíve said it couple times before.
As an actual payments mechanism, bitcoin sucks.
Itís expensive to use and getting ever more so. It can be slow and unpredictable. Itís complicated and very user unfriendly. It depends on untested third parties for usability even more so than conventional electronic money. If not foremost, the more of a speculative asset it becomes the less useful it becomes as a currency.
But that was only my opinion.
also a big issues is that Cryptocurrency is UNREGULATED, so you have now safeguards if anything goes wrong