If This Trend Continues, Bitcoin Could Grow for Years to Come
Although Bitcoin (CRYPTO: BTC) is often touted as a superior form of money and a premier asset to store wealth due to its scarcity and decentralization, it does have some shortcomings. The most glaring deficiencies are high costs and slowness when sending small transactions.
When sending these smaller transactions, it isn't uncommon for the transaction fee to be larger than the transaction itself. This has been one of the most well-known obstacles that has prevented Bitcoin from becoming a viable option for everyday purchases like a cup of coffee or a meal at a restaurant.
However, this might slowly be changing.
Source Fool.com
