Comment by moonhorse

Great pos! The more I learn about bitcoin, the more I feel like it still has a long way to go. There are a few hurdles that can not be easily solved now: 10min transaction time; deflationary (this pretty much means it would have a hard time to act a real "currency" based on nowadays economic thinking); the resources wasted in mining and the potential consolidation of mining; the programmable aspect is very limited today. What is your take of it?