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For me , i treat BTC as an asset in the long term because of its consistent growth and its technology that its backed of. It has a long way to go and we do not know how many more milestones its gonna touch in the near future and we also know its potential for getting to that mark, I would hold it for long term and make it happen what i dreamt off for my future.
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I wouldn't react much and leave it to their wish and will as investment would belong to them and not mine. No harm in educating but still people are not interested or not want to listen we can leave it to them instead breaking our head in explaining them. I would keep calm and move away from there if somebody doesn't want to get educated.
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There are high chances that it may become but still people are buying it and trading it because of its growing demand. The only problem is regulation which has to be taken care of to be in the market for long time. Still all depends on the financial institution mindset as well. Let's hope for the best.
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Even I would like to put btc as competition to PayPal as the charges will be reduced drastically. This would also increase online buying and selling transactions thereby making complete digital world which is paperless. Still tough competition can be imagine of if btc is regulated over the coming years.
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Its always better to get some cash face to face if holding a larger volume of coins. There are so many hackers there who can steal your money , its always better to preserve the coins in the original wallets and let the value also increase.
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That which scares me is only hackers and financial institutions barring transactions pertaining digital currencies. Secondly, the volatality also scares me so much and would like to take profit as well at the same time.
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