How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Well, businessmen are wise and cunning. They sure know when something is worth the money and Bitcoin does enters the standards. However, businessmen and investors also know the characteristics of Bitcoin and the number one issue I think, that prevents Bitcoin from being a real form of currency is its volatility. Market analysts still have trouble with predicting Bitcoin's graph because anything can change at any moment especially its price. If it would be a currency in action or the one that is present in every households, it should adapt to certain level of standards where people can use it for easy transaction and payment. But because Bitcoin isn't, we just have to study it more and for now, be content of what it can do in the economy.