Its not practical as a global currency with regards to BTC. It never really has been. It is too slow and too expensive compared to centralized options. The idea

Its not practical as a global currency with regards to BTC. It never really has been. It is too slow and too expensive compared to centralized options. The idea of a neutral all digital currency sounds fantastic but it glosses over a key advantage of the US dollar. The dollar is backed by the US Gov't and the US military. It didn't just randomly become the defacto monetary standard in the world by accident. Price fluctuations would diminish with more adoption as well. We also interact with things that vary wildly in price year over year too, like the price of gas (oil). We have just become used to it. The dollar itself fluctuates a fair bit, the DXY index is at 106, and it will probably get much higher next year indicating a strong dollar if there is a global recession. Actual price adjustments are just slow to trickle down to consumers because of a lack of practicality of changing on the shelf prices each day. Also, inflation will drive prices higher, but even after the economy is back under control, prices rarely will go back down.