List and Briefly Discuss Current Concerns That Are Limiting the Adoption

question 13

Essay

List and briefly discuss current concerns that are limiting the adoption of bitcoin.
While international remittance customers and those otherwise left out of the banking and credit card system can see immediate benefit from bitcoin, most of the population isn't impacted by this market.
Bitcoin is tech that offers little benefit
Bitcoin also has a , since it is a currency favored by the online underworld and was created by a mysterious, unknown entity referred to as Satoshi Nakamoto.
also pose a problem. High profile hacks, such as the Mt. Gox breach, create a public perception that bitcoin is unsafe.
Government regulations also remain uncertain in many regions of the world.
The currency is highly volatile, fluctuating wildly in relation to major world currencies.
The initial bitcoin support network does not allow for anywhere near the transaction volume of competing systems like global credit card networks.

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Definitions:

Signing Statement

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Members of the Council of Economic Advisers, a group of economists who advise the President of the United States on economic policy.

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A term often used to describe a presidency that is active, decisive, and strong in leadership, typically pushing forward policies and asserting control.