Can bitcoin be controlled?
In this post, you will find a list of possible benefits and drawbacks associated with bitcoin. You'll also read about how bitcoin is being regulated. One major question to answer in regards to the future of bitcoin is: What happens when the Bitcoin network reaches its limit? As more people over the years begin using bitcoin, transactions rise and the blockchain size increases. The higher transactions take up data space that could otherwise be used for other transactions that would benefit from a larger amount of data space... We're currently at a point where the blockchain is growing too big for the Bitcoin network to handle. In the past, miners were able to spend their blocks to free up space for new items, but because of increased transaction processing power, this becomes increasingly difficult. As these things happen, there will be a limit to how much more data can be added to the Bitcoin blockchain before this becomes an issue.. . . . To see if there is a limit to the s...
