Speculating on the long-term impact of Bitcoin on the future of money, banking, and the global economy.
Due to high transaction fee, and higher percentage rate of appreciation overtime. I think Bitcoin would be use as wealth preservation like gold and other assets instead and not as fiat like dollars. And in fact, many investment companies are now considering Bitcoin as one of their instrument to keep their investments. Yes it can be use for transactions as it's have a true value, but for me I don't see it to be used as major currency but as in a form of investment.