Most people don't keep significant cash reserves, and that's a good thing. Dollars that people sit on are lazy dollars. At the very least, you can sink them in

Most people don't keep significant cash reserves, and that's a good thing. Dollars that people sit on are lazy dollars. At the very least, you can sink them in treasury bonds and the US government will put them to use -- but that debt is still denominated in dollars. At best, Bitcoin will end up as yet another option for investment. The deflationary trend and lack of legal tender status make it a total nonstarter as a currency.