Do you think there is room for another currency to provide the use case for daily transactions; or will bitcoin eventually succeed at this? If you think bitcoin will succeed, how long do you think it will take?
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I do think that Bitcoins will eventually succeed as an ordinary currency that is a serious alternative to FIAT currencies.
The demand for bitcoins is growing every year and we are seeing a higher number of institutional investors from around the world to switch into the crypto world. With all these new players the pressure on FIAT currencies will rise too.
In my opinion we will see more and more transaction being done with bitcoins.