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I hope you're right. Sometimes I feel like Bitcoin is just 'too late' and since the 'medium of exchange' hasn't happened... it never will.
Bitcoin's fees have been elevated relative to a few years ago and most of the blocks are full of... basically spam - runes, brc20s, just junk. And those txs are paying 10s of thousands of sats to move... hundreds of sats it's completely uneconomical.
I believe it will end eventually because it makes no economic sense (runes, nfts, memecoins none of them do) but it will take time. I also believe that peer to peer or B2B usage of Bitcoin will take place... but it will also take time for people to become educated about it. I hope it takes place eventually. It's hard to find anywhere that people are willing to accept Bitcoin for good/services.
I remember going to businesses over a year ago that supposedly 'took Bitcoin' and the employee either didn't know how to process it or just didn't care enough to try.
At this rate maybe 1% of the people will have 90% of the Bitcoin... only because the other 99% are too lazy to learn about it or too closeminded
There's quite a few businesses online that take it now. What I do is buy gift cards on bitrefill. For larger purchases, depending on market cycle, spending some sats can make sense. Retailers accepting those GC have no idea Bitcoin was involved, many you can spend in store.
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