First thing to admit in the bitcoin world nowaday is that bitcoin isn't what it was created to be.
How people use their bitcoins is up to them, this is what decentralisation is all about. Bitcoin was originally created to be an anonymous currency, with immutable transactions, freeing people from the dictatorship of the banks.
Amongst bitcoin enthusiasts, you can find original bitcoin users, aiming to spend it and use it like a genuine currency. But the majority use bitcoin as a pure speculative product.
I personally spend it to help people know about these digital currencies,which is a way to keep it alive and with so many people having an interest in cryptocurrencies this feature of anonymity holds no water and it now stands to be pseudonymous Amongst bitcoin enthusiasts, you can find original bitcoin users, aiming to spend it and use it like a genuine currency. But the majority use bitcoin as a pure speculative product.
The more we hear about bitcoin rising price, the more people want their piece of the cake "ok I want to invest it that too, I want to make a money and it looks like a nice increasing value", adding to the demand. I don't think the price of bitcoin will decrease anytime soon because we are still at the beginning of the curve of adoption
Lets blame it on greedQuote
It looks like a Ponzi scheme because, when every potential bitcoin users of the population will have exhausted all of their "potential of speculation", there will be nothing left to sustain the price of the bitcoin.
You might have overlooked this but altcoins do support bitcoin tooOur "only" chance is that, in the ~2 comings years, huge actors like amazon, facebook, even governments, doesn't obstruct to bitcoin (like china did) but instead start to give bitcoin credits as a proper currency and not as a stock product (like it is happening now).
TL;DR : I really do hope that amazon will one day start to accept bitcoin
We are are hoping for a big player join the world of bitcoin as this would bring a positive impact in this ecosystemTL;DR : I really do hope that amazon will one day start to accept bitcoin