On the other side the world is trying to adapt the Bitcoin like recently big banks announced that they are working on introducing the crypto trade and safe services like that is a sign of bitcoin's future is bright.
Over the years, Bitcoin has undoubtedly become more widely accepted, with more businesses, including banks, beginning to adopt it. However, Bitcoin's future is still up in the air, and using it could have both advantages and disadvantages.
Positively, Bitcoin can offer a safe, decentralized alternative to conventional financial systems with reduced transaction costs and quicker payment times. It can also be used as a store of value and an inflation hedge, especially in nations with shaky economies.
Bitcoin can be a risky investment, though, as it is also prone to high volatility and is mostly unregulated. It has also been linked to unlawful operations like money laundering and black market trades.
The adoption and regulation of Bitcoin by governments and financial institutions will ultimately determine its future. Its potential advantages are obvious, but there are also dangers that need to be managed if it is to become a common and extensively used form of money.
I beleive still the bitcoin transactions are cheaper and faster, ofcourse it can never be instant unless we use the lightning network but that is the reality and compared to last bull cycle the transaction price of Bitcoin is still cheaper.
Any speculative asset can be a good investment but since the nature is highly volatile so one who wants to put their money need to make themselves prepared for the outcomes which can be either way of what we thought.
So before 2009 there is no financing for terrorism, no black market existed? So the medium of exchange is not really the reason its the governing body has to eradicate.