AGREE! I think a lot of people that are new in bitcoin only know it as magic money!
When I read treads I created, I see people saying "yes, bitcoin is just an asset, not currency" almost always. It's crazy that people forgot that bitcoin IS a currancy that should be freely used without banks or any other institutions. But people who just want to make a quick $ are happy with what is happening and support ANY regulations as long as they can trade bitcoin to buy another lambo and they don't care that because of that we are moving further away from what bitcoin should be.
Looks like greed kills bitcoin.
Becasue many people who invested in Bitcoin only join the market because of the opportunity to make money. But for sure, they will learn that Bitcoin isn't only an asset to be invested with but also a currency that can be spend to purchasse items from merchants.
Aside from that those that introduce Bitcoin to them failed to inform them that Bitcoin is not only an asset but also a currency to pay for goods. But as usual, when people see things generating profit, they will make it generate profit and consider it as an asset ang not use them as mode of payment because they will think that it would be a waste of opportunity to use it as a currency.
Bitcoin is still fine so saying greed kills bitcoin is out of context. Besides just like what I stated, new comers will eventually learn that Bitcoin can be a currency.