Before anything else, Bitcoin is a way of transferring value anywhere cheaply, quickly, and without chargebacks, counterfeiting, or relying on a line of credit. If the exchange price stabilizes to the point where things can be priced only in Bitcoin, that's just a bonus.
People get too hung up on the idea of using Bitcoin in exactly the same manner as they do dollars. It may happen at some point, but for now it is used as a means of transferring value. If we consider only this use case, the advantages are abundantly clear. Then, we can start debating and speculating on Bitcoin's merit as a full currency.
People get too hung up on the idea of using Bitcoin in exactly the same manner as they do dollars. It may happen at some point, but for now it is used as a means of transferring value. If we consider only this use case, the advantages are abundantly clear. Then, we can start debating and speculating on Bitcoin's merit as a full currency.