Tag Archives: Limits

Bitcoin transaction fees show cryptocurrency’s limits

The bitcoin rate spike, still alive despite bitter divisions in the community that supports the cryptocurrency, has laid bare the biggest problem with bitcoin: compared with fiat currencies, it’s painfully inconvenient and expensive to use as a means of payment. Bitcoin is set up to reward users for verifying transactions. Miners who package transactions into […]

Bitcoin’s High Transaction Fees Show Its Limits

The Bitcoin rate spike, still alive despite bitter divisions in the community that supports the cryptocurrency, has laid bare the biggest problem with Bitcoin: Compared with fiat currencies, it’s painfully inconvenient and expensive to use as a means of payment.  Bitcoin is set up to reward users for verifying transactions. Miners who package transactions into “blocks” receive […]

Russian Central Bank Limits Cryptocurrency

Share Tweet Share Share Share Print Email Actually using the phrase “dubious” to describe them, Russian Central Bank First Deputy Governor Sergei Shvetsov announced Tuesday that Russia will block access to sites that offer cryptocurrency exchanges. The move represents something of a return to previous policy on the Russian government’s behalf as it relates to […]

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