For something that can become a popular means of payment, you need the following:
Store of value: allowing individuals to make intemporal choices on when to spend their purchasing power
Medium of exchange: facilitating the exchange of goods and services by eliminating the inefficiencies associated with a barter economy
Unit of account: acting as a measure of value in the economic system.
Do you think the bitcoin has all three of these elements? I am looking forward to the bitcoin will become a popular payment method in the future.
The topic about bitcoin is really popular in the Philippines, and also the topic or features (use of bitcoin) But in terms of application, we cannot use it frequently because we are lack of facilities.Though, we all know somethings about crypto.