I do agree that the high price is limiting its use as a currency. Most of the world is treating it as if it is gold. A rare metal that we all agree looks nice. No idea what people think they will do with their bitcoins.
But you should not think of it as a regular currency. For instance what IBM is doing with cryptocurrency to make supply chain management more efficient is very promising. And bitcoins does actually have a practical use, even though most people seem to have forgotten about that.
We'll see what happens when people start to understand better what cryptocurrencies are for.
You are right. But do you think it will eventually become an alternative payment option that gets adopted by major companies? I know it's valuable to because of the ease of access and p2p payment, but I meant you can't really get online and spend your bitcoin where you want to.
People do tend to move to where the money can be found. So when more and more people are recognizing that it will help. Also convenience is important. We are all used to having Airmiles, which basically are tokens for flying. Why not have them as a cryptocurrency?