Bitcoin doesn't need to be a currency to be successful. It will in fact be wildly successful even if only functioning as a store of value, the tax havens amounts to trillions. The first phase is speculation and this is where we are now... people believe in bitcoins future potential and that is what drives the price up and the large market cap will make it viable for large fortunes to be stored in bitcoin, eventually it will stabilize at much higher prices. At that point it will work well as a way to settle debt even if we're not able to do as many transactions as other networks I don't think it matters. Micro-transactions can happen off-chain, big money stored safely away from government and bankers.
How can big money be stored away safely if bitcoin is still tied to fiat currency? If fiat currency collapses, bitcoin no longer has anything to compare itself to, so how would we express value then? Using valuation in bitcoin itself? How would that work since there's a limited amount...
I suppose comparing to gold or oil would be the answer.
maybe water?
Bitcoin is a protocol and a technology; it's just a layer, not necessarily the layer that directly touches the end-user. It's the many bitcoin businesses that emerge that will leverage the bitcoin technology directly and provide a consumer friendly service to deliver a wide variety of financial products and services, and compete with each other to solve all problems relating to transaction time, security, etc.
The first goal of bitcoin should be to be able to handle the same amount of transactions as visa.
And it is 1700 visa transactions vs 7 possible bitcoin transactions.
I don't understand why so many don't want to see that problem. Still high from the last ath?
Bitcoin is not gold.
No need to apologize, you refuted yourself by not providing any reasoning.
*many thanks & blessed! 
