4  BIS central bankers’ speeches  Are the future payment systems already here? Where are we at the moment in relation to these five standards and innovative payment methods? Even the most novel and debated virtual currencies do not meet these standards. So why doesn’t Bitcoin meet the five criteria?
First, they face a lack of adequate supply.16 Overcrowding and physical housing problems are  See Federal Deposit Insurance Corporation, How America Banks: Household Use of Banking and Financial Services: 2019 FDIC Survey (Washington: Federal Deposit Insurance Corporation, October 2020), https://www.fdic.gov/analysis/household-survey/2019report.pdf. 13 Information calculated using Summary of Deposits (SoD) 2020.