It's not very good as a medium of exchange due to the high transaction time and costs.
There is a theory that a recent bump in Litecoin prices was due to traders wanting to move Bitcoin between exchanges and Bitcoin is too slow.
There is a theory that a recent bump in Litecoin prices was due to traders wanting to move Bitcoin between exchanges and Bitcoin is too slow.
The worst proposal, increasing blocksize, is not currently being considered because of its impact on centralization.
Hard drive space is cheap! Increasing blocksize isn't going to cause centralization, it's the easiest and most effective way to scale for now.