Bitcoin doesn't work as a currency. It's slow, expensive and can never ever scale to handle even the needs of a small town.
> This is an early stage mainstream...
Keep dreaming.
>Keep dreaming. its not functioning as a currency..no cryptocurrency's has a stable intrinsic value because not many people are using it as a currency YET. Everyone is trading cryptocurrencies, and it will continue like that to attract more people. the price will be stable when: 1. people outside the tech real start using it as a currency to buy stuff with (not to cash it) 2. the technology is still so expensive.
its like the internet and hotmail back in 1996..you can argue whether it was a mainstream or an early stage mainstream..it all depends on your "perception"
Lets not even forget that bitcoin is 9 years old. If it was gonna catch on, it already would have. The only way it has "caught on" is a pump & dump get rich quick scheme.
That doesn't matter does it, I remember seeing a TV show interviewing random people on the street 20 years ago asking what they thought about cell-phones. Everyone said they don't see a future for this new gadget, they have a phone at home and can call anyone whenever they want, they don't want to be disturbed at anytime and everywhere. Cell phones were perceived as more of a nuissance than solving a real world problem, the existing infrastructure worked fine for 99% of all users.