Do you have a source for this? As far as I know, and I know this is a theory but I suspect a good theory, people used bitcoin as a currency when it was relatively stable and before it skyrocketed in value, and became extremely volatile. I highly doubt they're using it as a currency now because the value of a bitcoin changes dramatically within a day. Say it stabilizes at this price (~$95), you won't be able to transact with everyday goods because the price of 1 bitcoin is close to $100. Who would buy a hamburger for 1 bitcoin right now?
Do you have a source for this? As far as I know, and I know this is a theory but I suspect a good theory, people used bitcoin as a currency when it was relatively stable and before it skyrocketed in value, and became extremely volatile. I highly doubt they're using it as a currency now because the value of a bitcoin changes dramatically within a day. Say it stabilizes at this price (~$95), you won't be able to transact with everyday goods because the price of 1 bitcoin is close to $100. Who would buy a hamburger for 1 bitcoin right now?