I couldn't put the full title in the subject line due to character restrictions, but here is the full question:
If bitcoin was fully adopted into everyday life, why would it ever be used for day-to-day transactions if the general consensus was that the price would always appreciate?
After reading several posts on this forum many people seem to think that Bitcoin will always go up. If this were to be the case, why would people spend Bitcoin at all? In this theoretical time, wouldn't it just be a poor financial decision to do?
Or is it thought that in this future where there is widespread adoption the price would stop being so volatile and for the most part stabilize?
For me, as for every investment, there is an expected return in terms of profits so, with Bitcoins investment, over time the investor is equally hoped to be in profits so it is this profits that investors will be looking forward to spending whether directly as Bitcoin for whatever payments or exchanged for Fait. However, there could also be a time when an investor might decide to cash out totally depending on their reasons regardless of whether Bitcoin still could rise in the near future.