It depends on its adaptation. At the moment it seems all financial regulators are against it; however, it doesn't solve the fact that theoretically, it is more efficient than a lot of modern day processes.
Yeah it surely depends on its adoption but more people are thinking that bitcoin is a good store of value (digital assets) rather than use it for currency. More people are holding their bitcoin for the future and waiting for the best price as this is predicted that this will reach $500,000 per bitcoin.