For the past few years, through boom and bust, hype cycles and FUD (and just about anything in between), we’ve heard that Bitcoin is what’s next. Evangelists say it’s the logical successor to fiat currency, a long-overdue replacement to paper cash that’s overstayed its welcome. Detractors point out its inherent volatility and potential for abuse by bad actors, terrorists, and international drug cartels. But regardless of which side of the spectrum you reside on, it’s becoming increasingly clear that Bitcoin, even if it were to supplant fiat, isn’t going to do it anytime soon. According to UBS, a Swiss multinational investment…
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