.Snowden says Bitcoin can fix one important problem with national currencies, here's what it is
Digital assets with a limited or decreasing supply might in fact become an issue in a traditional monetary system as, despite being less inflationary in terms of supply, the lack of intrinsic value might become a problem in the long term.
Additionally, Bitcoin's value is highly volatile, fluctuating rapidly and unpredictably. This makes it difficult for businesses to accept and for individuals to use as a means of payment. Also, as El Salvador's experience has shown, the current infrastructure ofcannot handle the high volume of transactions required for it to function as a national currency.
In summary, Bitcoin's current lack of stability, limited acceptance, scalability issues, difficulty with regulation and security concerns make it close to being unsuitable as a national currency.
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