I'm not advocating the purchase of bitcoins, simply providing an answer. I have no opinion on whether or not bitcoins are a good "investment." The transactiona

I'm not advocating the purchase of bitcoins, simply providing an answer. I have no opinion on whether or not bitcoins are a good "investment." The transactional friction is a reason the market is small. If it's easier to transact and more people can do it, the supply/demand curves will push the price up in the future. Assuming demand is proportional to the size of the market.