True. Dollar and euro are widely "accepted", trusted, commonly used, accustomed, etc. Additionally they are more of less "guaranteed"; i.e. savings on a bank-account are covered by governments if the amount is less than €100,000 in case the bank goes bankrupt, f.i. in my country, The Netherlands, that is.
Let's say that bankruptcy is a "systems failure" similar to corrupting a BTC-wallet. Shouldn't there be a "back up" option in the Bitcoin-Network that can restore "lost" BTCs and assign them to the "victim" ? wouldn't such a "feature" enormously increase Bitcoin's promising reputation/image?
I see what you mean; i.e. Bitcoin has to find its way through the unregulated free market. This might result in a very limited group of people reigning over the global wide Bitcoin population and that would be no better than the world we live in today. The only difference would be, new greedy faces and no inflation. Yet Bitcoin has one strict predefined rule, which orchestrates the amount of BTC's being created every 10 minutes. I don't understand why most Bitcoin-adapters are so violently obstructing the possibilities of assigning more mathematical restrictions to the Bitcoin protocol; time and time again they reply by "go make your own alt-coin."
Unfortunately I didn't and I don't have a fortune teller globe. Wether or not Bitcoin will be a widely spread and flourishing currency can not be answered with any certainty at this moment.
I'm sure. The answer is no.
Then I think the only change Bitcoin will bring is deflation, which creates its own problems and advantages. Anyway I don't believe in "Greed is good" albeit in "In us we trust" and in natural behaviorism as observed and analyzed by Frans de Waal.