Bitcoin’s Haven Status Deepens: Can It Become Mainstream Currency?

Bitcoin has long been compared to gold, earning the label of a ‘haven asset.’ This reputation is bolstered by Bitcoin’s ability to preserve value during economic turmoil. However, its original purpose as an alternative currency system continues to spark debate. Is Bitcoin destined for mainstream use as a means of exchange, or will it remain a store of value? This article explores the advantages and challenges surrounding Bitcoin’s role in everyday transactions.