I have to disagree with you here. Bitcoin is about being a currency. Yes, everyone wants the price gains and everyone wants to accumulate more, but bitcoin is first and foremost a currency. If no one ever used it as a currency, then we wouldn't be where we are today. Sure, if I had never spent a single satoshi then my bitcoin stack would be bigger than it is now, but I'm happy that every satoshi I've spent has helped to grow the bitcoin ecosystem and lead to further adoption, and I'm happy that I've had several years of financial autonomy, holding my own money securely, and not requiring any approval from any third party to spend my own money where I want and when I want. Even Laszlo Hanyecz has said he has no regrets spending 10,000 bitcoin on two pizzas.
If you look at the events of the last couple of years, then the circulating supply of bitcoin is constantly decreasing and more and more bitcoins remain in illiquid wallets. Perhaps, in the early stages, bitcoin grew and was popularized due to the fact that people used it as a currency, and not as a speculative instrument, I will not argue.
But now the value of bitcoin is growing due to the fact that more and more various IRL spheres and companies support bitcoin. But this does not mean that the more companies support it, the more often Bitcoin is used as a means of payment, otherwise we would not see a constant outflow from the circulating supply, and, consequently, the price increase. And the pace at which various funds and institutions have recently been purchased bitcoin, says that it is more interesting for them to consider it as digital property, weeks as a means of payment. I would discard these words if I came across some global statistics on the use of bitcoin as a unit of payment for goods and services.
At the moment, the top use of bitcoin is as follows:
- asset holding
- speculations
- payment for goods and services.