I generally agree with your assessment with one caveat. I beleive the true value lies in the decentralized network not the “ currency “ per se. As the article stated “ the light bulb to the grid “.
After reading the White Paper I realized that this was a network. After watching with fascination over the years the adoptions of new technologies and doing a vast amount of reading on the subject, I determined that this was a killer app.
Every movement of Bitcoin from its inception to present day has been exponential and gaining speed. You can look at network hash rates, price, number of users, all of it. The other very important thing is that it is global, worldwide. I know, redundant but this can’t be overstated.
Mankind has never seen the adoption of a technology this rapid. I am grateful for this opportunity and the ability to see it coming. This is the natural evolution of the information age, THE NEXT BIG THING!
You may be right, it does have a ton of potential uses. The only catch is that the strength of the mining network currently depends on the incentive for spending, so it could end up being dual use: a currency for some and distributed storage or some other distributed functionality. Lots of innovation is comig.