The reasons why so many persons invest in bitcoin is the depreciation, centralization and the appreciative aspect in bitcoin. This stages are very important to traders or exchangers. it’s a medium of efficient, crypto currency has been a life change in recent years, it has been a great value for storing assets, commodities and currency. These qualities attract to those who believe In future bitcoin.
You are mixing Bitcoin and cryptocurrency.
I discuss about Bitcoin only. It has many use cases, store of value, commodity, currency, tool for transaction, tool for gambling, whatever. In a nutshell, it has more than one utility. Different communities, different people will use Bitcoin in their own ways.
Crypto help those who have issues with hyperinflation..
You are biased your post by yourself. Bitcoin # crypto. Please don't talk about Bitcoin then move to crypto. Bitcoin is deflationary but crypto is inflationary mostly.