There are long history before Bitcoin creation in 2009.
OMG... There are so many posts in that link, I don't know if I can read all of them or not, Thanks for giving the link to that thread
I'm also not sure bitcoin will become the new standard.
Just like I said it is an alternative currency so one could actually use other currency to pay for small transactions and then use bitcoin for cross boarder transactions or much larger transactions. This isn’t saying bitcoin can’t be use for smaller transactions too but to minimize cost of the transaction which are substantially less when the mempool is less congested than fiat transaction fee charged by banks sometimes
That makes sense. Using bitcoin as an alternative to cross-border payments will make transactions easier and costs less. I agree with you
You are right! That's actually a problem: BTC can't be used for small purchases, moreover, nearly none of the business initiatives accept payments directly in crypto. That's why cryptocurrencies are not real currencies. I think, it's an asset: cryptocurrencies are a new form of digital assets.
I also think so. Even though bitcoin can be used as currency, for now it is still dominant as an asset