Bicoin isn’t useful for private daily payments given the high volatility and fees and inefficiency. It was the intention but didn’t pan out.
Today’s main uses cases for Bitcoin:
- Speculative investments
- Money laundering
- Russia, North Korea, and Iran escaping international sanctions




Claiming Bitcoin is anonymous is indeed a common mistake, which I didn’t make.
Pseudonyms can help provide privacy, the issue is that those pseudonyms are permanently tied to Bitcoin wallets. Making a transaction with an exchange or seller while providing a full identity allow that exchange to trace all transactions and reassociate identities.
You do make good point, Bitcoin’s use of permanent pseudonyms is another reason why Bitcoin isn’t useful for daily private payments.