If bitcoin become more stable in the future it could go back as p2p payment, it will still live as an asset that’s all about p2p in the future, no one uses it as p2p today because it’s massively growing, people recognizing bitcoin as an asset because many people valued it so much, that’s the natural growth of bitcoin or anything that involved in money.

That’s the cycle and no other use cases will be made in the future but let’s see.

You asked a very interesting question. Bitcoin (as an entity) is really constantly being rethought.

In the beginning, it was an alternative means of payment, then a promising means of saving, currently, its use as digital gold (as a component of the gold and foreign exchange reserves of central banks) is being discussed. That is, the understanding of the essence of the first cryptocurrency is constantly evolving.

What will be the next stage of this evolution? In my opinion, the answer to this question is given by the analysis of such unpopular entities in the community as runes and ordinals.

In my opinion, the next stage of Bitcoin's development is the creation of new digital assets on its basis. That is, Bitcoin will become a direct competitor to Ethereum, Solana, Tron and other similar platforms. At the same time, Bitcoin will have what these platforms do not have now - support from government regulators, which will allow issuing fiat money, stocks, bonds and tokenized assets on its basis.

The logical goal of Bitcoin's evolution is to be a measure and basis for the value of all other assets on planet Earth.

due to cores stronghold of the protocol and how they develop wallet features for securing keys/creating new key formats. you will notice how they are more concerned with multisig and ring signatures lately and things like partially signed scripts..

so with things like core pushing for coinjoin and such.. it seems the next era will be that people will need to deposit into grouped address/transaction managed by federations or multisigs rather than solely holding funds in ones own key that only requires your own signature to move just your funds

in short organisational reserves where people then borrow balance within the total of the transactions participants on a subnetwork of private payments

Why do you think so? The other new use case people used/rely on Bitcoin for wasn't expected. To the best of my knowledge, i know that as long as Bitcoin still remains in existence and is adopted there will be other things people will rely on it for. You are aware that Trump used Bitcoin's hype as a tool for his political campaign? Or am i wrong?

I pray we all see the future you are talking about. As for me the future i pictured is one where there will be so many reasons why people choose to invest in Bitcoin not only the current use cases now.

This is also where opportunity comes in, just like we were taught in economics, there is money cost as well as opportunity cost, if some were being informed about bitcoin and have taken decision for it acceptance and usage, then they will be ever grateful in the future for making such a decision, while if they were told but refused to take action over bitcoin adoption, then there is nothing to do than for them to witness others making profits with bitcoin in the future, but for those who would only be having the privilege of hearing about bitcoin for the first time in the future time, it will be left for them to decide right by them or not.

I think that slowly, countries are realizing the advantages of Bitcoin over fiat and that no matter how much they fight, they cannot fight progress. Bitcoin is the next generation of money. A global money.

I think this mostly influenced by technology as well, just wait until space exploration possible then you'd see digital currency like bitcoin to be needed more than ever, the one that's secured by big computational power, right now people fading the utility because they aren't really looking into the future, but so far bitcoin is for the future.

currently what attract people into investing in bitcoin is the deflationary nature due to capped total supply so they think it's a hedge against inflation which it is and pretty damn good one at that.

Any idea about what the new purpose of Bitcoin would be? I can't imagine any other purpose for BTC, other than being a store of value.
The Bitcoin blockchain cannot be used for storing useless stuff like NFTs or other "digital garbage". This would make the blockchain clogged and it will increase the transaction fees. I also don't think that the "mentality" about Bitcoin has changes that much. Bitcoin was a speculative asset back in 2010-2020 and it still is a speculative financial asset. Most investors view BTC as a speculative asset. Their perception didn't change throughout the years. I'm sure that it won't change in the next decade(2030-2040).

What will happen in a decade or so depends on how the world changes, who takes power and which countries rise to global dais.

I consider bitcoin to be one of the leading investment options but who knows what might happen? In that context do not forget that precious metals are still holding themselves. They will not lose their significance even if their cost becoming lower than bitcoin.

I just hope people still following some shitcoins and understand their objective to make their creators rich and not investors.