"So, what else are you going to store there?" You can transfer BTC. What else can you do with a bank account? "Ah yes. Insurance. With bitcoin's price fluctua

"So, what else are you going to store there?" You can transfer BTC. What else can you do with a bank account? "Ah yes. Insurance. With bitcoin's price fluctuating as much as 300% over the course of the year." It's still early days. Fluctuation is better than devaluation to zero. "There are 9 billion people in the world. How many "got canceled", for whatever the term "canceled" means to you. 10? 100? This will definitely make Bitcoin a global means of payment, surely." At least a billion people in China, for starters. And you vastly underestimate the number of people who are being cancelled. You only hear about the famous cases. The number of people whose funds have been frozen by PayPal is legion. Also the people who are not cancelled yet may still be unhappy about constantly having to worry and having watch their steps to avoid being cancelled. It's not a good feeling. Sometimes stories even make it to Hacker News, maybe you missed them. "People who don't have 25 dollars to open a checking account will surely flock to Bitcoin, where such a simple thing as a transaction can cost anywhere from 3 to 60 dollars per transaction over the course of the year." Even those people will have banking needs, and the transaction costs are being tackled with things like Lightning. Fiat banking is not free, either. "There are exactly two kinds of people who peddle bitcoin and other cryptocurrencies: scammers who know exactly what they are doing, and gullible fools with a very tenuous understanding of reality." Or people who see the issues in our current system and try to create something better. People like you will probably be unable to understand the mindset of pioneers.