There is a delay in blockchain confirmation in Bitcoin transaction and it could be a major drawback for people to carry out transactions in Bitcoin. I have experienced such delay several times on my transaction in Bitcoin.
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Higher transaction costs and lower transaction speed makes Bitcoin a poor choice as a payment system. It is not only slower than debit or credit cards but also slower than most cryptocurrencies. However, Bitcoin is a great asset for investment. Just about 50 percent of crypto market cap is held by Bitcoin.