Here is the path I think Iota will travel to becoming wide spread:
- the exchanges will realize it will raise their profit margins to have iot among their tradable assets since traders would not pay extra fees to network for transferring their iots;
- once it is adopted by more exchanges, traders would realize it is better to transfer between accounts using iots because of its lack of fees;
- the increase in demand for using it as some sort of medium for exchange transfers will boost its price;
- it will become some storage of value;
- a side effect would a better efficiency of tangle network since it works better with high transactions volume;
The point is that the absence of fees and an increasing capacity as the network grows are two very appealing reasons for the mass adoption of this cryptocurrency.
The only question that needs to be addressed is whether this new kind of decentralized monetary system will survive the stress test of daily usage without any security issue.
I hope so because the idea is simply fantastic and the project very well grounded!
Long life to Iota!
References:
https://iota.org/
https://blog.iota.org/
Credits for image:
https://upload.wikimedia.org/