currency should be more stable.
you may reply me. currency is not stable also but you should think
USD currency price is up and down 1-2% in 1 month.
bitcoin price is up and down 20% in 1 month.
what will people think if they just change USD to bitcoin then their money down 10% in 10 minutes?
bitcoin can become stock but cannot become currency
I think Bitcoin is not replacing Fiat currency, it is representing as digital currency in the digital world it just happen that it has have value of USD because people invested in it using that Fiat currency and we all know that USD is the medium of the world currencies. I believe that one day bitcoin will reach the stable price of it, it is still on the developing stage were people is so hype up to invest in it resulting of too much volatility.
I am also not believing that Bitcoin will replace the Fiat currency in the future as Fiat represent ever each countries identity and economy so replacing it with bitcoin is so impossible to me.