Bitcoin is becoming only a trusted store of value. Its cost structure and speed although improving remain behind others. But we need bitcoin to show the world that crypto can be safe and valuable before they dip there toe in the water of the alts "here be monsters" The alts are where I believe the true breakthroughs in utility will come from. Take Steem itself for example. But people have to be able to have trust in something. Stock traders frown down upon bonds but rush to treasuries the moment things get sour. I think that is the roll that Bitcoin is starting to fill as well as being the common gateway from all types of Fiat.
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Thank you, @whitesj40.
I agree that: Bitcoin is becoming a trusted store of value. I disagree with the "Only". Bitcoin is becoming more and more popular as a payment method. We are so involved with alt coins, but most people only know bitcoin.
Agreed.