South African countries, Venezuela & El Salvador and others are adopting Bitcoin as an everyday currency for whatever reasons - Inflation, corruption destroying nation's currency etc.
It doesn't seem right that if a family has their money in bitcoin and can afford their rent and bills one week and the next week some western US bank or 'influencer' decides to dump their holdings or cause FUD and cause a 20% drop and then that family cant pay their rent or have enough for all their food shopping the next week right?
Just seems wrong to me the influence some people have and how it's affecting 'normal' people's lives who aren't necessarily using bitcoin as a speculative investment.
1 bitcoin = 1 bitcoin, but when you are calculating the value based on the fiat then you never going to get use it as everyday currency. Of course that is the bitter truth but the good thing is the adoption and we need to know that bitcoin is important for us not because its getting increase against fiat but we need it due to the decentralization.