The Bitcoin Standard Podcast cover image

Can Bitcoin Replace Government-Issued Money? Saifedean Ammous debates George Selgin

The Bitcoin Standard Podcast

CHAPTER

Bitcoin's vulnerabilities and challenges

The chapter discusses the vulnerabilities and challenges that Bitcoin faces in terms of hacking and value volatility. It highlights the infancy of the Bitcoin infrastructure and the need for further development in handling Bitcoin at an individual and institutional level. The chapter concludes by comparing the cost of Bitcoin transactions to traditional payment methods, highlighting the speed and finality of settlement that Bitcoin offers.

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