Bitcoin: Why you'll never be able to use it for payment
Slow, complicated and expensive to transact, bitcoin is proving itself a poor medium of payment. China's hostility could also put the lid on the cryptocurrency's future.
Given its pricing volatility and astronomical value, bitcoin has evolved into an investor’s dream – or nightmare depending on what side of the bet you were on. It has also caught the attention of corporate treasurers, given high profile companies such as Starbucks have allowed people to pay for goods with the digital currency.
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