If there are only a couple of dudes following these advices, then you're totally right. But the goal is - like you said - to increase usage as a currency. This gives Bitcoin more stability and viability.
Without currency usage, Bitcoin is only an asset which fluctuates purely driven by speculation. There is no scarcity because there are thousands of other coins that could be a "digital gold", too. Currency usage, as I explained in my last post, leads to a more stable market due to more buy and sell orders. You can see it that way: Every good or service offered for Bitcoin is actually a buy order. The more buy orders, the less likely is a crash.
Bitcoin has become an asset purely driven by speculation. I can say that at least 90% of bitcoin users think of bitcoin as an asset(investment) than thinking of it as a currency. There are actual influencers in the crypto market. And more buy orders doesn't mean people are buying more. It can simply mean that one person is placing multiple buy orders and selling them immediately, or in a short while. The same can happen for sell orders.
Here you are totally right. While the ETF is a sign for adoption as a financial instrument (which is also a legit use case) the hype surrounding it is not really justified.
ETF ruins bitcoin's purpose. It makes people think bitcoin is an actual asset(it qualifies as an asset, since currencies are also taken as assets in accounting terms but in economical terms it isn't). You're using a centralized third party to get sheet of paper that says you own this much bitcoin. Do you see the amount of irony?
"News driven speculation" isn't something that gives Bitcoin stability. It's more the other way around. If we only buy when there are "good news", then we're treating Bitcoin like a stock, and not like a currency. And stocks are often very volatile, so this usage leads to deeper crashes.
People are treating bitcoin as a stock, and not as a currency,like I said. And if you still don't realize that bitcoin is only driven by news(along with demand and supply) nowadays, you need to start catching up. Last year's bitcoin gold forks drove people to insane amounts to buy bitcoin and Jamie Dimon's criticism drove people to crash bitcoin, if that isn't news driven speculation, then I don't know what is.