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?
Bitcoin used by many people around the world has all different purpose. Some are using for investment and holding is the main goal and some are spending bitcoin because they are making day trading and the expense of profit will be converted cash for the daily life needs. There are people also buying bitcoins for the ease and hustle free online payment transaction because crypto currency always makes life easy.