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.
They still have the choice to use cryptocurrency or fiat money, and there are ways of keeping your money in other assets that will not fluctuate in value as much. I am a firm believer that bitcoin is needed as a currency rather then just a store of wealth. I agree with you that if any country were to make it it's official currency and the only currency allowed, right now with it still being well in it's growth faze, that that wouldn't make a lot of sense. But some day soon I could see it.