We have those numbers in our minds if it's about the potential price in the future. And we have those targets that we're hoping someday will hit. The first one already happened when Bitcoin has reached $100k+ and I'm sure that many of us here have already sold and are now looking forward to the next wave of the bull run but maybe not for this cycle anymore. I agree that if we want to spend some of it, we'll choose fiat over bitcoin. Bitcoin has been the practice of each of us to save rather than to spend because of how it portrays the future prices in our thoughts based on how it's doing now.

It's not really possible for me to accurately state whether I should use it as a savings or spending tool, especially when faced with a difficult situation. I haven't been able to deposit Bitcoin yet and have spent all of what I've earned, so it's important to mention it as a spending tool for me. However, based on its growing popularity and acceptance, it should not be considered just a spending tool. In this case, I will have to accumulate Bitcoin in the future, and its popularity and growing demand will make Bitcoin such a valuable currency that spending it now will eventually become a regret. So my decision is to prioritize Bitcoin as a savings tool rather than accepting it as a spending tool.

Bitcoin is a digital currency created by Satoshi Nakamoto. This certainly indicates that BTC can be used as a means of payment, as it is a digital currency. However, BTC is now widely used for investment, and there are also countries that allow BTC as a means of payment, so people there are allowed to use BTC as a means of payment and are also allowed to invest in BTC.

In my country, BTC is prohibited from being used as a means of payment, but my government allows its citizens to invest in BTC. So, of course, I choose to invest in BTC because buying BTC will certainly yield significant profits in the future, and of course, the money I'm prepared to lose is used to buy BTC.

There's no opportunity, especially in our country, to spend anything using Bitcoin because such transactions are prohibited, except for online shopping, which can be circumvented. But if asked personally what my choice would be between the two, I would definitely choose Bitcoin as an investment asset over Bitcoin for shopping, for reasons that are perhaps far more rational in my opinion. Bitcoin is a hedge and is very suitable for long-term investment, so spending something using Bitcoin is unnecessary for me, at least for now. You collect bitcoins gradually with the financial resources you have, so deciding to use bitcoins as a purchasing transaction at all is very unfortunate because I believe we will miss out on something very useful in the long term, especially regarding financial freedom.

If you can buy, even before you decide to buy bitcoin, you must know that you are able to sell bitcoin later. So buying and selling are necessary couples to attract people to Bitcoin and it's unreasonable to think people only buy and hold, but won't or never sell bitcoin.

It's freedom to buy bitcoin if you want and you can do the same with selling - anytime you want as well.

It's not actually like this.

People hold bitcoins because they believe in bitcoin, and they know that if they can hold bitcoins, they will get profit or even super good profit with bitcoins.
They know that if they sell bitcoins for cash, they will use cash for liability and lose it with time. If they sell bitcoins for shitcoins, their loss rate would be much bigger and faster.

Hold is key to success and get profit so why don't hold your bitcoin.
https://hodl.camp/

BlackRock is part of participants in Bitcoin Spot ETF application wave in 2023 but they are not a main factor for their first time ever approval for Bitcoin Spot ETFs from SEC. The main contributor is Grayscale with their lawsuit against SEC and they won it. This success of Grayscale signaled that SEC can not refuse Bitcoin Spot ETFs and they only tried to delay it but time was counting down especially after that lawsuit with Grayscale.

BlackRock would have not joined Bitcoin Spot ETF if there has not had such a won lawsuit from Grayscale. BlackRock deserved to be appreciated with with their participation and contribution for the approvals but Grayscale certainly are deserved to be recognized too.

If Bitcoin were accepted as legal tender, especially across countries or the world, it would undoubtedly be an option for both spending and saving. However, we know that currently, there are several restrictions, so most people are saving Bitcoin, or perhaps what could be called a "reserve asset". However, I believe it would be better if Bitcoin could be used for both purposes, as this would allow anyone to save and spend financially securely. This would be very different from storing fiat currency, which has a high potential for depreciation due to inflation, especially if money is printed at any time, when policy requires it, even though there is no clear fundamental or underlying at all, and some say the underlying is "confidence", is this real ? cmiiw.

Personally I would use it for both, but for now I can only use it for saving because of the restriction on spending using Bitcoin in my country, and if both are possible, then I will leave fiat, switch to Bitcoin forever, and I am sure people who understand Bitcoin will do the same.

You are wrong, saving isn't investing, savings means you plan to use it later or not too distant in the future but investment is accepting that you will probably lose your money or make more in the future.

Savings is when you keep a fixed amount aside, meaning it should be in dollars or other stable coins, volatility is present in bitcoin that's why savings can feel wrong with Bitcoin.

It doesn't matter which purpose they serves the adopters, it's a matter of what investors intent to use Bitcoin for, Bitcoin can serve in both ways.

Although I have used Bitcoin for purchase transactions a few times, I certainly don't do it all the time. In fact, it's very rare. I mostly use it just for transactions to exchanges or for fun with casinos.
There are still many limitations to the use of Bitcoin around me. So I still prioritize saving Bitcoin rather than using it for shopping. Perhaps it will be different when there are more places that can actually accept Bitcoin as a payment method. As someone who owns Bitcoin, using it for shopping transactions would not be a burden.