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. Crypto help those who have issues with hyperinflation..
You missed something, OP. Bitcoin is a decentralized currency in which its existence solely reflects in a public ledger being controlled by nobody. One of the few reasons on why the government avoids integrating BTC to their current financial model is due to its decentralized nature- meaning it cannot be controlled by them. While this may be the case, some countries limit the transacting of BTC by implementing rules and laws against it.
Cryptocurrencies have this certain aspect that will help them become relevant in the future. I do consider them as the future of transactions given the fact that the world is slowly shifting to digitalized payments. Though this kind of transaction may be the ideal form, its full integration would take maybe tens to hundreds of years to come.