Well, yes. That is the outstanding hurdle. I do not see it in my day to day life. Without widespread adoption it is and will be worth little. Like you I do not know what will happen; but we both must be ready for the possibility that Bitcoin will go to zero.
RE: Will BTC be our golden ticket?
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Will BTC be our golden ticket?
Yes there is that possibility as well. Though it does have some use as a store of value and a money transfer device.
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That seems like a dreadfully negative way of stating things.
Words have power. When you go around saying things like that, you contribute to a certain negative gestalt. Given that all money has value based on confidence and perception, even crypto, there's no sense saying such things unless you want it to happen.
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There is truth to that though I don't think anything he says here will impact the price of bitcoin. Though as you suggest, it is probably better to say positive things if you want the price to increase.
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