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.
Eventually, when Bitcoin becomes less volatile or almost become stable. There were still a lot of fiat alternatives that you can use to transact today, and Bitcoin's high volatility and high fees makes it hard to transact.
We all know Bitcoin already succeeded as a currency because we could actually use it to buy or pay for service, but the volume of usage of Bitcoin as currency is still very low, that again because of it's high volatility, and people considered Bitcoin as a store of value rather than a currency.