I'm sure the number one thing bit coin is used for is trading but that wasn't its original use and seeing how it still has value and exists a decade later it has utility. Officially what else is it used for? How could you find this out there isnt a wall street journal for bitcoin. But there must be a prospectus for it out there or as close to one as possible. Is there a way to read the original white paper?
I thought BTC was going to replace western union by now and be used by official brick and motor businesses. I guess thats the point of stable coins, Why doesnt BTC have a stable coin backed up by BTC; kind of like how they back up mortgages. I wish I could remember my series seven better I could think up more use cases for BTC.
Will it only be used for investing/speculation as long as its price is this unstable? Can you imagine a normal acting like bitcoin does? I guess pink papers/penny stocks do that but those are just legal pump and dumps that clog up your work fax with junk faxes that come through at 4:00AM making sure you will se it.
Trading is not the number thing bitcoin was created for, Satoshi already started in the Whitepaper that bitcoin is a decentralized digital peer to peer currency and its still serving that purpose till date, it's no one's fault that bitcoin started becoming an investment tool over time, since this is a decentralized space, anyone can do what they like with their bitcoin, theres no official use case for bitcoin, it's your coins you can do whatever you want with it, no one is stopping you.