As right now BTC is more of a store of value. The value of it is not high enough to be able to use mainstream for the global market as the money system. For all markets to be based on.
Do you think that if ever there becomes more adoption, BTC would be and able to be used for mainstream like a global money? Does the tech work enough that it could handle the global market?
why or why not?
The basic reason for the creation of Bitcoin is for it to be used as a currency. But from the way things are going in the Bitcoin space, it has shifted to an investment. Looking at the future, Bitcoin might not recover its currency status because it is becoming difficult for commoners to even have access to it. Bitcoin is now a major target of rich businesses and individuals who see it as a major means of preserving wealth and making a profit.
The reasons why I think Bitcoin might not become a popular means of payment are high transaction fees, unfavorable government polices, volatility, and lack of Bitcoin education in some parts of the world.