Bitcoin as we know it is supposed to be utilized like money for everyday transactions but aside from this, just like the physical gold, it is mostly known as a store of value that can increase and decrease suddenly in a matter of some blinks of the eyes (well, literally and figuratively). Now, that bitcoin is on the rise, so does speculations though I see nothing wrong with this but the problem can be the imbalance.
It is estimated that "only 1.3% of economic transactions came from merchants in the first four months of 2019, little changed over the boom and bust cycles of the prior two years."
Personally, I would rather hold my bitcoin that spend it because I am looking forward that soon it can go beyond the $20,000 (or almost) reached in 2017. I am sure that am not alone with this mindset right now.
Is there really something wrong with this scenario for bitcoin?
Because you are in a position of comfort. People with money will tend to make more money. The simple fact that you can afford to "hold it" and not sell most of it for food, like some of us have, ensures you will have a better future, at least from a financial point than most.
It is what it is, don't pretend Bitcoin is going to change this, it gave a chance to the few that jumped in and believed in it back when almost nobody did, but with maturity these chances diminish for the masses.
As always, those taking the higher risks can (potentially) make it bigger than those who doesn't...