Unfortunately we are using it as a digital gold. It's an asset now, and people are buying it and holding as much as they can, and not using it as a currency at all. Sure there must be "some" people who does that, but is not that common and we are going to end up with some issues with time, so we need to eb careful about it. I understand this may not be easy to handle, we just need to make sure that we are going to end up with more money if we just hold it, and not spend it, that's what people believe.
And people are falling seriously for digital assets because your secret of what you own is safe, so what are the reasons why you would not want to try it? Because people want returns, and aside from the return, people want something trending, and I will love it when you try investing because this is something you will not regret, and the main reason why Bitcoin was created was for it to be seen as an asset, not even as a currency, but because of its value, people are giving it as much value as money. And instead of seeing it as a currency, it will be better to just hold it than to choose it as a currency.
If you know you are going to hold, and not sure if the other person would hold or sell, then you wouldn't give it to them, you would give them fiat, something that loses value overtime. That is bigger importance too, if you buy something today with bitcoin, and bitcoin goes up tomorrow, you will regret.
As long as there is money when you hold it for sure, a lot of people will definitely want to hold it because what is the essence of holding if it is not for profit? The profit is usually what drives the intention, but the truth is that it is not as easy as we think because if only what you rely on is the investment, then it won't be easy because of the bills that are meant to be paid, so this is why we need to consider more important things.
