Why People continue to speak about mass adoption but let me ask this question. How many of you "early adopters" are actually using any of the cryptocurriences you hold and how do you foresee a future where you use them across multiple platforms? I mean there are already 2000+ and that could easily get to 10k. So someone explain to me what you are investing in that you believe is a utility. Disclaimer: I am only here for the Knowledge
I am, actually, with buying digital goods and also selling.
I'm not sure if you are aware of the benefit that bitcoin has in terms of global transactions, compared to traditional banking or even electronic banking for that matter. For a seller, bitcoin is irreversible, which makes the risk of chargebacks completely zero. For a buyer, there are no extravagant exchange fees.
And I think that the most utility right now for bitcoin has is in some countries where currency controls are draconian, to the point that businesses can't do deals with international companies anymore, and citizens wanting to get out of their depreciating fiat (Venezuela is a good example). Bitcoin in this case can be used as a store of value, and a medium of exchange internationally. Again, I think that you're wrong in terms of bitcoin not being used for practical purposes. It is, but obviously there is still a lot of speculation, but that's how all things start out imho.