OP i think you're mixing things up here, what your topic said was the thing(s) bitcoin is missing out to become bthe world global currency, and if am to supply yiu an answer I will say "It's nothing" because bitcoin is already a global acceptable digital currency and not a testnet or a prelaunch coin like other altscoins looking for a boost, bitcoin had surpassed all those stages since past years, it's no more in a ideological or developmental stage anymore, it has advanced throughout the world and acceptable for making payments, this makes it has no issues with becoming a global currency, it's already a standard world wide currency except for those not interested in its adoption.

Don't know where you are getting this information but it's wrong.
There are tons of places that people are using BTC every day.

Gambling sites.
Giftcard sites.
All the debit cards that convert BTC crypto  to whatever you need.
And so on.

P2P transfers are also big.

Thanks to places like Bitrefill I don't think I have spent any fiat in a lot of locations for a long time now.


-Dave

Stability for sure. Not all people would want to risk money on any form of investment and it happened that this industry is just one. The market price is too volatile for 'normal' people to handle especially those who are anxious or worried of things. While to investors of this technology, many hesitates to use Bitcoin and ither cryptocurrencies as a mode of payment for daily transactions simply because they don't want to lose money; spending during kow market prices could vreate permanent loss which pushes then to just hold it for possible market recovery. Same thing goes during bullish market trend wherein investors are also having hesitations to use it as payment or not because of the tendency to earn bigger profit if the market prices would continue increasing.

I didn't say there weren't many locations where you could use bitcoin; rather, I said people don't want to use it for such payments. Simply put: How many of your neighbors use FIAT currency on a daily basis compared to how many of your neighbors use bitcoin for daily purchases.


Your point about price stability is well taken. I imagine that Stable Coins are now so widely used primarily because of this.

You're actually asking two questions (as some have noticed), but the specific answer to this question is pretty simple for me - people don't understand Bitcoin, and if you don't believe me try doing the following - survey 100 random people on the street and ask them a simple question "What is Bitcoin?" 90% of people will not give you any meaningful answer, 5% will know something basic, 4% will say that it is an investment, and 1% will say that it is a decentralized cryptocurrency.


Your question from the Poll has an even simpler answer, which is exactly what Bitcoin has as its basis - decentralization. Do you or anyone else really ask such questions without realizing that the whole world functions on total centralization that has been built up over centuries - and most people can't see beyond their nose and don't care about alternatives, even less about being their own bank.

BITCOIN is not missing any thing instead we need the dollar to hit big problems and force people to look for alternatives. That is the difficult part because the collapse of the dollar will take some time. We probably need multiple recessions until most people start looking for alternatives and we probably will benefit from recessions every couple of years. The collapse of banks and the general feeling that people are losing out by using fiat. Bitcoin is ready and has been ready for years we just need that driving force to convince people to learn btc. I think the documentation and the features we have are ready for mainstream adoption.

How bitcoin is missing the characters that are mentioned in the voting list? I really don’t understand what op is saying because bitcoin is already providing those characters. Bitcoin is simply doing great things for us and it’s adoption is really remarkable. For your information, bitcoin has picked up everything within 6-7 years of its launch and percolated throughout the world.

I don’t think there is anything else needed from bitcoin. If you are asking what is interfering bitcoin as global power then it’s government and their shit rules. But rare chance they will get ridden off.

Almost every government allows trading of btc but they do not allow it as legal tender which is different. You can still use Bitcoin and convert to fiat in most countries. I think it is only asian countries which have banned or heavily regulate its use and even then they usually start allowing btc again once they have figured out how to tax it. Governments would lose out if they did not regulate it and just banned it so instead they tax it and benefit from people using it. Why do people assume all governments are hostile towards btc? Most are friendly and benefit from the tax generation.

A strong government could make buying bitcoin very challenging. Binance, Coinbase, etc. bank accounts could get blocked. By blocking bank accounts, the majority of people can no longer buy or sell bitcoin. Because of this, complete privacy is a requirement for cryptocurrency (sound money).

I think the appropriate title will be what is stopping BTC to use on daily basis based on the context you are proposed in you replies of this thread.

What stop me from using bitcoin is I can't find stores which accepts bitcoin rather than USD. i would love to see signs in the shop like BTC accepted here, government didn't made bitcoin as legal tender so its also not easy for the shops to accept it as which literally means government is stopping us from using BTC on a daily needs.