When I say where next for bitcoin I am referring to it’s use. I am not too concerned with the price movement however I need to know what more things can bitcoin be used for? Bitcoin is supposed to be digital money, so I want to know more about the expansion of it’s use. If bitcoin is to grow and maintain its importance we must start seeing more businesses and authorities accepting it. I am hopeful of its growth but not too happy about bitcoin being considered a store of value. It was never designed to be this from the original whitepaper. However, people only adopted this stance after a period when it become too expensive to transact. I find that calling bitcoin a store of value is just an excuse to explain the limitations it has
Let us hope that more uses of bitcoin can be found and found soon. The more bitcoin is used in different areas then the better its expansions hope are and the longer it will stay at the forefront of cryptocurrencies.