International Journal of Social Science & Economic Research
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Joyce J, Mr. Raghunandan. G

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1 Joyce J, 2Mr. Raghunandan. G
1. Research Scholar, CHRIST (Deemed to be University)
2. Assistant Professor, Department of Commerce, CHRIST (Deemed to be University), Hosur Road, Banglalore - 560029.

J, Joyce, and Mr. Raghunandan. G. ""A STUDY ON IMPEDIMENTS TO BITCOIN'S SUCCESS"." Int. j. of Social Science and Economic Research, vol. 3, no. 9, Sept. 2018, pp. 5011-5020, Accessed Sept. 2018.
J, J., & G, M. (2018, September). "A STUDY ON IMPEDIMENTS TO BITCOIN'S SUCCESS". Int. j. of Social Science and Economic Research, 3(9), 5011-5020. Retrieved from
J, Joyce, and Mr. Raghunandan. G. ""A STUDY ON IMPEDIMENTS TO BITCOIN'S SUCCESS"." Int. j. of Social Science and Economic Research 3, no. 9 (September 2018), 5011-5020. Accessed September, 2018.

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The Bitcoin convention can be thought of as a worldwide record or ledger upgraded for esteem exchange. Bitcoin is a widely used crypto-currency as a medium of exchange online. It is a type of virtual currency which uses the block-chain technology. The paper aims to bring out all the drawbacks responsible for not making Bitcoin a legal tender and one major reason being high volatility and speculative in nature than the real currencies. The high level of intelligence required in order to acquire bitcoins make it more complicated for the use of it and acts as a barrier for its wide use.