Lengthy transaction times, increasing transaction costs and volatility given by bellwether for the payments industry.
"‘Transaction confirmation times have risen substantially; this, in turn, has led to an increase in the failure rate of transactions denominated in fiat currencies’– TOM CARLO 24 Jan 2017
Shows that blockchain use cases must be planned carefully with full review of pros and cons
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Payments player Stripe has said that it will stop supporting bitcoin on 23 April due to the cryptocurrency’s volatility. These are just some of the issues dogging the cryptocurrency of our time, with long delay times and transaction fees stifling its potency.
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