#4
One can ask the question the other way round:
“Why did bitcoin, despite being the best form of money ever invented, take so long to rise its current level?”
Its current value is still by many metrics relatively low – for example in comparison with the daily inflows into Gold as a store of value.
One reason is that consensus building that anything has value simply takes time.
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#3
I don't think if the developer of the Bitcoin is ready to take part as one of the major payment networks. All I know is the Bitcoin is designed to become a payment network.
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#2
For bitcoin to become a major payment network, it needs to reassure major states such as the U.S that a well-established payment method that no one controls will be no threat to them.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#1
As traffic grows, more Bitcoin users may use lightweight clients, Can Bitcoin scale to become a major payment network?
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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