I think bitcoin is a value storage tool. I always dream about it when I buy bitcoin. I'm gonna sell at high prices and make more money. But if one day bitcoin becomes very common and replaces a state, then it will be the currency.
But then again, as they talk that at the top of this thread.
The reason why it is pumping in the past is because there are a lot of people using it and now that there are a lot of people holding it, the price is not having an improvement. Yes, there are some increases but unlike in the past, it is so high. Another thing, I am not hoping, at all, that Bitcoin will be replacing fiat currencies. It is not just the government, I think it will be a digital currency of what we are using right now and not Bitcoin.