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It’s impossible to say for certain what the future holds for bitcoin. For now, cryptocurrencies don’t seem to be going anywhere. As long as there are people mining the blockchain for new coins, there will be opportunities for forward-thinking businesses to expand their revenue streams by offering bitcoin traders useful and convenient ways to spend their virtual currency.
Laws and regulations may make bitcoin-funded transactions difficult in some countries. But the more companies embrace bitcoin as a valid payment method, the easier it will be for governments to accept cryptocurrency as something other than a way to circumvent banks and fund illegal activities. For now, bitcoin is going through growing pains, so it may be a while before its usefulness as a payment method matches its value as an investment vehicle.