The more people use bitcoin, the more people's acceptance of bitcoin will increase. And as people acceptance and popularity of bitcoin increase, its demand will also increase. Then the price of bitcoin will increase even more. If everyone holds bitcoin now and there are no transactions then the fundamentals of bitcoin will collapse. Just as you want to hold bitcoin, you do not want to use it for daily life expenses. Similarly someone else who has been holding bitcoin for many years will sell it and meet their necessary expenses. This opportunity to use bitcoin independently among different people is the main ability of bitcoin.
The Bitcoin adoption is very strong and clear enough to realize easily so there are more people with time have known about Bitcoin, Bitcoin market and some of them have already participated in Bitcoin communities in many ways. It's can be investment, trading, speculation, gambling, payment or test for fun but they all together have contributions in Bitcoin adoption, buying and selling demands on the market, as well as through their words of mouth, they would have spread Bitcoin to many people even they're not influencers on social media.
Just as people hold fiat currency as savings then meet their expenses and try to create large assets by accumulating money for a long time , people will hold bitcoin in the same way. Those who need will sell bitcoin to meet their expenses. Again long term holders will sell it to create a large asset or fulfill their dreams such as building a house or buying an apartment.
Holding bitcoin is easily, more easily than the other actions such as trading, gambling, exchanging that have more possible legal issues. If you have clean source of money, use it as investment capital, you can buy bitcoin and hold it in non custodial wallets. With only this action, governments will almost never find you and arrest you or imprison you.
For bigger adoption, people need more safety legally and they certainly all have legal concerns on how to use bitcoins legally after purchasing the coin.
