This "project" is young still. The market is still figuring out what the best utility for Bitcoin is, and obviously a store of value or investment is the primary use at this point. And can you blame anyone for that when the price as movement? No. Bitcoin being an alternative investment is still enabling owners to 1. growth their wealth, and 2. keep some of their wealth outside of government or geo political influence.
Sure, it's still
young~~ 10 years have passed it certainly does not feel young at all. If I'm being honest, it keeps on being a roller coaster ride--being better at times and worse at other times, but at least it's been improving for the most part. But lately, it has become a hindrance, I guess I kinda agree with the OP, holding is quite troublesome.
Question for you and everyone else...how long would the price of Bitcoin need to be stable before people started using it more as a medium for exchange rather than a store of value? Would $10k/BTC for a year be enough? for five years?
A store of value, do you mean like gold and silver? And does Bitcoin have to be stable?