[FroshKiller]

Over half the world's wealth is held by 1% of the world's population. You must adjust your definition of "meaningful." It doesn't matter whether anyone buys groceries with Bitcoin. It hardly matters today whether anyone uses cash. If a handful of entities decide to handle their transactions with Bitcoin in lieu of traditional currencies, the majority of the world's wealth will change hands in the form of Bitcoin regardless of what most people ever do at the gas tank.

[bazzlexposition]

Wealthy people have been using different stores of value to trade for many years, whether it is stocks, commodities, real estate, or bitcoin. Regulation will come, the transaction costs are going to rise. In the end it may just be a vehicle for wealthy people to trade, because for small transactions it is a hindrance, not a help.

What tangible benefit does bitcoin provide over normal currency?