Snip.
You don't need to wait in the next 5-10 years became for me it will be still be the speculative asset that we have known today. It might be just less volatile, but still it has challenge the financial structure already.
How? Institutions and government are pouring in their money, more that the supposedly "retail" investors in all of us. So it will still be the speculative asset that we have known and I do not think that it will change. The only changes I know is that it's going to be adopted more every cycle and we can only imagine what will be the source of the money that will go inside and push it into another all time high every 4 years.
The speculative quality of bitcoin has been part of what has interested investors to pool their funds into investing in bitcoin as a volatile asset with overtime value and hedge to inflation rocking fiat under the financial traditional system. And in all the years it seems that the more investors (both retail and institutional) we have pouring funds into bitcoin the less roughly volatile the decentralized asset gets. Much of the concern by some bitcoin max as an implication to the prevailing government and institutions adoption is that it increases market manipulations and regulatory lens.