I've recently meditated on this thought. We all want businesses to adopt bitcoin as a payment method and people to pay with it, but I think most people are rather avoiding to spend their BTC as they see it more as a store of value that will bring wealth to them over the next years. So they are more likely to keep their BTCs and spend the fiat currency, thus the use of BTC in day-to-day transactions won't probably go up until people actually get their wages in Bitcoin denomination. But in order for companies to enable that so it will be convenient for both the employee and the employer we need to have the infrastructure in place, including regulations and major stores in the cities accepting BTC.
What's your thoughts on this? Do people prefer to spend their BTC or do anything( maybe even taking a loan) to protect them?
I think we already know about the development of bitcoin, with such large fluctuations, user desires have begun to change. see the value of bitcoin in the history of 2009-2019. users prefer to treat bitcoin as a money-producing asset, we forget about the transaction and financial problems that should be the goal of bitcoin, about as an alternative payment at a store or large business, I don't know, basically the needs change according to the value of the asset.