If you tried to transfer bitcoin recently, you'd notice large fees. Well, it's exactly why I think bitcoin wasn't ready for this spike in demand and use.
It left the scaling issue unresolved and left bitcoin cash, and Litcoin to offer solutions to its problem. Bitcoin has more people holding than using it every day.
The current fees of bitcoin is suitable for a store of value. Something you don't move around a lot and use to make one-off big purchases like to buy land, house, or a car.
This is where other cryptocurrencies will come in and be faster and cheaper - medium of exchange for your morning coffee, petrol, grocery, paying bills, sending to friends and family etc.
Not all coins you hold are designed for these reasons. Some will be traded between machines, others will give you voting rights on causes that can change the world.
Smart contracts will allow us to include law and order within the decentralized digital space.
Artificial intelligence and Blockchain technology will disrupt many industries and wipe out the need for man power.
The world is changing rapidly. The world is much smaller because of the internet. Now the world will be much closer. We can all work together without having any barriers.
No borders, no government control, no financial restrictions, no social exclusions, no discrimination. Everyone can be a part of a new system that is agreed upon by everyone.
No longer are we going to be controlled from the shadows.
So it isn't just about bitcoin. It's much more than that.
Half asleep... hope I made sense.
