Re: Bitcoin could one day be a preferred currency for conducting international trade
TBH, Bitcoin is more of an asset than a currency.
It really doesn't matter what you think(and I'm saying this in a polite and an non-aggressive way). Not because bitcoin is mostly used as a hedging asset(SoV) and as a speculative investment, it doesn't mean that some other people or companies wouldn't be able to use it as a currency.
Just say it's an asset and currency at the same time. The one who use it for cold storage and long term hodls they are just considering the crypto currency or bitcoin as an asset. May be asset of new era, new gold which has just begun it's journey towards the American dream per se!
It has all the characteristics of currency too. You can buy things with it, you can carry it in your digital wallet, and most important it has value based on the investors, users, and demand/supply.
So lets just not argue on this! Asset and Currency equal the bitcoin.
