What are the disadvantages of Bitcoin?

Following are the disadvantages: of bitcoins.

  • Degree of Acceptance: In Bitcoin, the Degree of Acceptance is very low because many people are still unaware of its benefits.
  • Volatile: Total number of Bitcoins in circulation is very small, so even a small change can make the price of the Bitcoin volatile.
  • Ongoing Development: Bitcoins software is still in beta form, and many incomplete features are in active development