Bitcoin has been touted as a crypto-currency, capable of replacing fiat currencies but the reality today is that most people prefer to hold bitcoins rather than spend it. Can we really say it si a currency when a large number of bitcoin users treat it as an asset?
Although bitcoin has a very good reputation, bitcoin can not be used as fiat currency, if a large number of bitcoin users treat it as an asset, plus another problem that is the market and some countries that refuse and do not acknowledge the existence of bitcoin.
People store bitcoin, not just for assets alone, but there is another purpose that is profit, this is where they insist on saving it for long period of time (waiting for high price).