Why Mass Adoption of Bitcoin Is A Distant Dream

It was on January 12, 2009, when the world’s first-ever bitcoin transaction was successfully carried upon between Bitcoin creator Satoshi Nakamoto and programmer Hal Finney. The global economy was witnessing something that was never heard of or experienced before. While some took it as an opportunity to enter a new phase of technological advancement, others remain doubtful about its success in the industry. But reality says it all, and today when Bitcoin is about to complete 10 years of existence in the industry, it stands strong as one of the most trusted digital currencies in the crypto market.

Presently, cryptocurrencies are synonymous with a financial network that ensures the highest standards of security and decentralization to its customers. Their advent has given birth to a new payment settlement system, which has changed the way people used to trade earlier. The growth in the world of cryptocurrencies is clearly visible as more and more people have started playing their…