I dont think, the general acceptance of bitcoin as the means of exchange for goods and services globally can not be effective this is because there are alot of people who have little or no knowledge about it operation.
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That's true, but if that should be the only reason, I believe with time this can be rectified, alot of countries have started adopting crypto currency but I do not think it would be the only means of payment, if this should happen it means the government no longer have power over their currency, this is not a power they would be willing to let go of.I dont think, the general acceptance of bitcoin as the means of exchange for goods and services globally can not be effective this is because there are alot of people who have little or no knowledge about it operation.