Bitcoin's acceptance amongst individuals and households is spending like wild fire, because of the various advantages it poses. Now comes the question; would you rather adopt Bitcoin as a tool for spending or saving? Yes, I'm guessing you'll say you use it for both. If your usage is going to be weighed, which side would unbalance the scale? As a tool for spending, it is flexible enough to be carried irrespective of volume and large purchases can be made, just to mention a few. As a tool for saving and a store of value. The value of the saved asset has great potential to appreciate. Which would you rather do?
It's more of saving to me.
We don't have to lie about this fact. Because everyone who holds it treats it as an asset and it's only for saving and for the future use. If we're going to use it in the future, I guess that everyone will have to spend and sell it.
Not directly going to spend it because many stores don't accept it yet and that's why we have to convert it first. And so, that situation is also giving us the lazy vibe that we should have keep it until the price blows up to the sky.
And even it's currently blowing up to the sky and skyrocketing, it's giving now the idea that there's no limitation for how high it will go as an asset and that's why many saves it.