So let's say BTC was to be absolutely frozen from here on at todays price ,would you still buy?
I don't think BTC was intended as the speculation tool it has turned into .
Who on here regularly makes purchases using BTC ?
Nobody would ever buy BTC,if Bitcoin was a stablecoin.Price volatility makes the market liquidity of Bitcoin.
What's the point of buying an asset with a stable price?Would be buy stocks,if their prices were stable?
Nobody can say whether or not Bitcoin was intended to be a speculation tool.We have to ask Satoshi Nakamoto,if he is still alive.
I think people will still buy but bitcoin will no longer be the center of interaction, we can see how USDT is doing in the market, if bitcoin is frozen at one price, it will become the second USDT in the crypto market and no one is trying to hold bitcoin too much when its value will not be as profitable as you say. However, this story is relatively only in our imagination when Bitcoin's volatile range is still very large and showing no signs of stopping, many investors have started adding money, it definitely won't freeze when the trigger is still too much