Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
The higher the volume of the coin, the greater the chances that its transaction speed will decrease. It is comparable to the traffic we face in our everyday lives. But, the good thing about this is when the system is upgraded, the price of bitcoin will increase exponentially because it will almost become the default cryptocurrency for everything.
