Even with the efforts done by the inventor Satoshi Nakamoto and the people who supported bitcoin around the world, still these guy from EY says there was no practical use for it and the deflationary model can only give damage to the global economy. On my thinking this isn't the case if this guy could only see how good the invention was. For me he was just talking non sense. Something that should not be entertained. Imagine how many lives have been saved by bitcoin in my locality. One was able to pay hospitalization, the other have been able to buy for him a house and lot, others have been able to buy a car to get to his job early, and so many other things.. See how people even made bitcoin atms and for just a simple reasoning bitcoin becomes useless and damaging? I think this guy has to wake up...
Read it here..
https://news.bitcoin.com/ey-bitcoin-no-practical-use-india/These guy might not be able to fully understand what usage Bitcoin has. Even without material medium, this has changed a lot of people lives especially during that huge bullrun in 2017. Let's just ignore this guy's ignorance over digital assets and move on with what we believe about Bitcoin.
maybe this guy didnt understand at all about bitcoin.they just see this as a bubble but didnt understand the technology behind on it.if bitcoin technology , or usually we called it blockchain implemented in any field there are much benefits we can took,