Can Bitcoin Truly Become a Global Currency?

[lionheart78]

Do you think Bitcoin will ever function as a global currency, or will it stay more as an investment and store of value?

I can pay for the purchases from other merchants that reside in other countries without any problem with Bitcoin.  If you don't consider that as the characteristics of a global currency, then what is it called?

I have been paying with Bitcoin to most of the subscriptions I made online, and their offices are in different countries.  Yes, there are some countries that don't recognize Bitcoin as a mode of payment, but I think in each continent, there are countries that recognize Bitcoin and accept it as either an asset or a mode of payment.

In short,  global online merchants are accepting Bitcoin as payment, so the question of whether Bitcoin can become a global currency has already been answered several years ago.

[bitterguy28]

with how many big companies and governments are buying and holding bitcoin it might be a little hard to use bitcoin for every day transactions like buying coffee but it does not mean that bitcoin can't be used for any other things like bigger transactions

[Awaklara]

Do you think Bitcoin will ever function as a global currency, or will it stay more as an investment and store of value?

I think in the future, most countries might accept Bitcoin as an alternative payment for international trade, and all of that would be done legally. Currently, most people just hold Bitcoin, trading it as a store of value. Because of Bitcoin's value, its appeal right now is as an asset, but I am confident that in the future, there will certainly be great hope that Bitcoin will be used as a payment method accepted globally.

[fikrett]

with how many big companies and governments are buying and holding bitcoin it might be a little hard to use bitcoin for every day transactions like buying coffee but it does not mean that bitcoin can't be used for any other things like bigger transactions

Why it would become hard?