Bitcoin as the first cryptocurrency was not just created for investment purpose, it was actually created as a means of payment and to be honest, the adoption process isn't as fast as expected, but one thing that am very curious about and I have been thinking on how to go about it as a business man while accepting it as a means of payment is it volatility, though it might be advantageous for holders, but am not that certain for a business men.
In a situation whereby you accept it as a means of payment while selling off your goods, then when you are out of stock, so you decide to restock your shop, so by then price of Bitcoin has dip so much that you can't buy all the goods needed in your shop, due to the fact that your money has depreciate in value because of the dip, what is the way forward in such a situation if your emergency funds can't cover up for the shortage?
Adaption not as fast as whom expected?
But anyway, i don't think that the end game theory of bitcoin was thought out. It makes sense as "digital gold", but given the fact that no one knows what the max marketcap for this could be, it doesn't make much sense to use in similar way as fiat money. People seem to think that fiat money is worthless because it has inflationary mechanics, but that's actually why it's useful, and why people want to spend it. If it didn't have inflation, or if it would work similar to bitcoin or gold, people would rather hoard it.