However, in the case of bitcoin the only way I can utilize it is by watching it. That's all. Once I buy bitcoin, my wallet application reads a number from the blockchain, an shows it on the screen of my mobile phone. And all I can do, is to watch that number.
So, what's the difference with fiat? last year I didn't use paper money too much, I just use my debit card everywhere I need to purchase anything, So, on my debit card, I can see just number and when I pay only the digits are changed. I don't have to face any problem buying/selling stuff with these numbers.
Why would I pay so much money for a single unit of a product that in comparation to gold, a sunset picture, wheat or crude oil has so low utilization capacity?
It is not any fact right? (comparison Bitcoin vs Gold) are made by ordinary people, it is not anything proven matter, people like to compare worthy things with Gold.
And you have to pay a lot of money to buy a single unit cause the demand is high perhaps the supply is low.
And now the questions: if I can purchase a picture of a sunset for a couple of bucks on Shutterstock and watch something aesthetically rich, why on Earth would I purchase a number "1" for $37.000 and watch something aesthetically poor?
Bitcoin is not made for watching it to get pleasure, It is made for making the transaction system easier & faster without 3rd party interaction.