There are a lot of problems and uncertainties about the digital currency.

It is about digital currencies, usually the focus is on the movement of their price or the opportunities that some of them reveal. There is, however, another look at the cryptopasar, and in particular the future of Bitcoin. For example, investing.com has summed up five major reasons why the major digital currency would not survive in the future.

As an early signal of Bitcoin's failure, the authors point to the difficult start of 2018, linked to signals for the introduction of regulations in a number of countries and a collapse in the value of the order of 25-30%. It is also noted that Bitcoin has been losing its hegemony in the Cryptosworld - while last year it held over 80% of the crypto market, it now accounts for about 32%.

1. Slow transactions

The first major reason for Bitcoin's bleak future according to investing.com is extremely slow transactions. According to the Blockchain.com data, the confirmation of each individual battle transfer now takes an average of 200 minutes. At the peak of trade before the Christmas holidays, however, the time reached 38 hours.

However, it should be noted that the Battle Society prepares changes to the currency protocol to allow for instant transactions. Expectations are to be made at the end of this year.

2. High fees

Another problem with Bitcoin is the extremely high fees. One of the main ideas of this digital currency - to offer cheap payments, today actually turned 180 degrees. Because of the net load on the BattleKnight network and its high cost, the average cost that users make for one transaction is already $ 25. By comparison, Ripple translations cost less than a cent, and with Litecoin and Ethereum - about 30-35 cents.

Here too, we have to say that in the near future, the trade in the battlefields can undergo a revolutionary change and in practice the transactions will become free. The hope is that this will happen with the elimination of the need for the physical transfer of the coins.

3. Strict rules and regulations

The next concern for Bitcoin's future is related to the introduction of prohibitions, restrictions and strict trading rules in different countries. More and more governments around the world are ready to adopt legislative changes to regulate the cryptopasar. Even talks about the introduction of global rules that can significantly impede the wider penetration of digital currencies.

4. Difficulty with extraction

Due to the initial algorithm, Bitcoin's mining is becoming more and more difficult and expensive. If the start of a block contained 50 battleships, now the "prize" is 12.5 battlefields, and in 2020 it will drop by another 50%. At the same time, the cost of electricity and machinery will increase steadily. So at some point it may be that the value of a battleship can not cover the cost of its creation and, accordingly, people will give up on it. There is no omission and China's intention to ban this activity, given that currently more than half of the world's mining takes place in that country.

5. Loss of anonymity

One of the main features of the digital currency - anonymity - is becoming increasingly lost. With the introduction of different regulations and tax requirements, trade in the battlefield is becoming more and more personalized. Which, according to investing.com at some point, can deny most traders.