Dominant currency means oppressing one other currency and because this gets political to some extent, I don't think we have anybody brave enough to adopt BTC to the high table...unless an economy is collapsing and the government is looking for the next big thing which can come in form of cryptocurrencies (BTC) to help save the economy and continue with trade that can stimulate productivity.

Let's just say cryptocurrencies are still young and new to most users out there, for now people are still trying to get their heads around and once an understanding is there regulation and general adoption will be much easier as users learn of the benefits.






We have all watched how both small scale and large scale businesses have started to accept the idea of bitcoin as a form of payment for good and services. Now the big major companies these days like TESLA for example are making big transactions with bitcoin making btc look viable and acceptable for exchange even in the future and we all know that this is only possible because they find it more easy and secure for their digital transactions with low transaction fee compared to the normal bank transaction system. But then how can we ignore that bitcoins journey towards being dominant means of transactions Is faced with challenges such as concern on price volatility. That aside several countries are still trying to steer how to regulate the cryptocurrencies and these actions can crucially impact the value/utility of BTC, well this is what i think.🤷‍♀️
What is your opinion on this topic?
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