Last updated on January 2nd, 2018 at 12:00 am
We have yet to see any meaningful adoption in the retail world and the institutional world seems quite lukewarm. . . . The deflationary quality of [Bitcoin](https://99bitcoins.com/) – by design and not by accident – is a major drawback. Deflation naturally encourages hoarding and delays spending, which is the behavior we are witnessing with BTC holders.