To be honest, it makes sense not to spend right now. In the grand scheme ot things there's not much to spend your coins on, and BTC is at a low at the moment and is essentially half what it was worth at its peak. So if you bought in at $1000-ish, it'd be silly to spend now as you'll be losing money, hold for a couple of months and you'll probably be back in profit.
What a nightmare for the inflation based world economy
How can I buy more crap if I must wait for the value to rise? And how can i afford to buy crap if the value rise to fast? I think the value must settle in order to work.It will most likely settle eventually. Remember, BTC is still its early stages, and as with any new currency there's going to be wild swings as it gains its footing.
I'm pretty sure that there's a lot of people out there who are both speculators and users. I am currently more speculator than user, but as soon as bitcoin starts to become accepted in places I spend Stirling, I'll become a user. You can't bash people for not using something that they're unable to use. I'll be really excited to buy my first bitcoin pint!
I'm sure there's a pub somewhere that accepts BTC. There's a pub in Oxford that takes FTC.