No one should invest their resources in a single asset but should diversify in multiple ways, bitcoin cannot be a source of income by itself but can become an excellent investment base thinking about the future. As I have already said elsewhere, I am no longer thinking about the price pegged to the dollar.
Agree. Bitcoin investment is high risk, people can't only rely on Bitcoin for their income. There should diversification on the more secure assets such as lands, gold, or other things. Bitcoin mostly becomes the long term asset, people can't expect to get profits as soon as possible. Although Bitcoin offers a chance of bigger profits, it mustn't be a single asset since no one knows the future.
Bitcoin can provide food for our table, but we still have to exchange it into fiat first to execute the purchase.
Yes, it can't be used as a payment tool in some countries. So, people can't use BTC to buy foods, they need to convert it to fiats.