There are two problems with using Bitcoin as a substitute for conventional currencies. One is that transaction costs are high; I gather there are some proposals to solve that. The other is that its value is very unstable. So far that has been a plus, since the value has mostly gone up. But in general it is a minus, since it means that if you are holding a substantial amount of currency for transactions you are also speculating in its value, whether or not you want to.
Stable Cryptocurrencies
Stable Cryptocurrencies
Stable Cryptocurrencies
There are two problems with using Bitcoin as a substitute for conventional currencies. One is that transaction costs are high; I gather there are some proposals to solve that. The other is that its value is very unstable. So far that has been a plus, since the value has mostly gone up. But in general it is a minus, since it means that if you are holding a substantial amount of currency for transactions you are also speculating in its value, whether or not you want to.