The fact is that the time of bitcoin has not yet come and it is for this reason that Fiat remains more important, since it is distributed around the world and many people use Fiat.
My main question is what exactly does people want from Bitcoin? Bitcoin is already offering a lot of features and the purpose for was just to make transaction and for investment purposes. Its so damn true that people can never be satisfied no matter how hard you try, they will always keep on complaining and seeking for more, and each time you give them an inch, they will like to take a mile. Too bad.
Sadly it appears that everyone wants the price of bitcoin to keep on getting higher everyday. They want the price to be always the new all-time-high. The majority of the people came into the market thinking that bitcoin is going to give them lots of money. Unfortunately, those who have bought during the pump has already lost 60% of their money by now and there's no sign at all that they are going to recover from that any time soon. People are putting unrealistic expectations from their bitcoin investments. They think that everything's going to go their way. Maybe it will. Maybe it will actually go their way and they will make profits from it. But at the meantime, they have to wakeup from their dream. Bitcoin is not a money-making machine and you have to be extremely lucky in order to ride a huge pump.