Although there might be a remote (extremely remote) possibility that Bitcoin could someday become the predominant worldwide currency, we feel until there is a likelihood that Joe Schmo could easily use it at the drive-thru to pick up a cheeseburger, its adoption by the common person will be stubbornly slow outside the nerd-world. There is a myriad of obstacles a “cryptocurrency” would have to overcome to become mainstream. For starters, the term “store of value” is often used to describe a basic function of money, and Bitcoin is miserably missing the mark here. How can you rely on making a payment in Bitcoin when its value fluctuates by +/- 10% every day?
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