10k value for a digital check simply doesn't make sense; this market is not mature, or ready - the 2 main exchanges are down during any significant BTC rise or drop/once you can't sell, you can't sell at any price, while the Coinbase VP says institutional investors will bring liquidity to the market/I read the rich getting richer; make no mistake, the shorts are coming as soon as BTC options gets listed, and I will be one of them; simply because this is an electronic avoid-the-government scheme is not enough to me-I can send money NOW on Western Union anywhere in the world and pay less for instant NOW transactions. Care to argue- go ahead
For mass adoption? It really isn't. Visa is much better performance wise, as it can handle far far more transactions. Does this mean you have to lose faith? I haven't. There are issues and we acknowledge that they exist. It's not like there aren't solutions. Segwit is being rolled out, and Lightning Network is on the way. We'll get there.
Western Union is fine and all, but Bitcoin is better for larger transactions. It still has a niche there, at least.