Ok, I think people are still missing my point. That bitcoin has a finite supply like a natural resource, but can't really be used for anything else except for 'storage of wealth." I get that it takes computer energy to mine a bitcoin, and it will take more and more energy, but that doesn't take away from the fact that you can't do anything else with the bitcoin made, except for the market dictated value that people believe in. This market value, will inherently increase as there is a finite supply of Bitcoins. Isn't this a economical problem for the currency, as its purpose is trade and not speculation.
I'm finding that people who think they know really don't know how an economy works.
I think this feature makes Bitcoin an ideal store of wealth. What is wrong with a currency whose buying power does not diminish over time? When the gold standard was in place the US dollar was both a good place to park your money
and use to conduct international trade and commerce. Now the USD is no longer a good store of long term value.
At this point in time the value of Bitcoin is still unstable, a lot of this due to speculative forces. However once Bitcoin is widely used and has a larger market cap then its speculative appeal will lessen and price will stabilize. There is really nothing wrong with a currency whose value gradually increases over time, which is what you seem to be asserting, so long as the day-to-day fluctuations remain small.