Bitcoin is just a store of value now, once it's hit a ceiling and investors don't get the returns they were hoping for, what then?
Once it's ceased to be a store of value and valid investment, what happens then? What does Bitcoin then become? Because it's broken as a form of peer to peer digital cash.
People have the whole progression of this badly mixed up in my opinion.
You have to become a store of value first. Then you become a currency. You don't put your day to day financial needs into something as weedy and volatile as Bitcoin currently is. And layer two stuff may well solve the cash aspect. We'll have to see .
And once it becomes 'boring' and those returns stop exploding there's one other rather handy feature - deflation vs fiat currencies. That is eternal and what most of the world is looking for. Most people do not speculate. They want to preserve and grow their wealth, not bet it.
This is still the wildest and earliest phase. There's a lot more ground to cover. 'Cash' is the final progression, not the first.