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/ we cannot simply say Bitcoin will not useful in the future there are lots of people make their advantage using their Bitcoin so while the economy of a country is developing it definitely needs the help of Bitcoin in the future that type of situation is also there available for the future in our life.
I think the main purpose of bitcoin is for currencies, but many governments forbid it because the system cannot be controlled. in the future, I think that the current development will continue and currently many are using it as an investment