NYU business school explains limits of Bitcoin

When Bitcoin was first introduced, it was envisioned as a widespread global digital currency. However, it has not been widely adopted, and a new NYU Stern School of Business study explains the aspects of Bitcoin that inevitably limits its use. These negative characteristics includes a decentralized structure that leads to payment delays, higher transaction fees, and slower payment confirmation times.

New York University is a member of NYSERNet’s R&E network. Learn more about the study here: https://www.nyu.edu/about/news-publications/news/2019/may/new-research-from-nyu-stern-explains-bitcoin-s-limited-adoption-.html