I was thinking about regular people that want to use it as a currency. That seems to be the whole point of it.
Although it doesn't seem practical to spend unless the value is stable and when it becomes stable, who's going to trade it? I know people are making, and losing, money trading it but it doesn't really seem to be used for what it was intended. It seems like digital trading cards.
Ahhhh......i understand what you're saying now. You're correct.....Bitcoin in not used for what Satoshi intended. It's not a very good currency at all. That's a huge argument in the btc community and has led to multiple contentious forks (eg: bitcoin cash.)
It was originally intended to be a means of exhange..........but due to many factors btc is more a store of value (and a safe haven outside of traditonal markets and money systems.)
A couple of quick examples of those factors being the bitcoin core programmers, blockstream (who pays them), scalling issues and arguments, fees related to lack of scaling, faith (or lack of) in the lightning network, blah blah blah.
There are much, much better options for a digital currency out there. Some of the new stable coins have my interest (Maker dai, trueUSD...........NOT tether.)
In it's current form .......think of btc a property. In fact it's the only billion dollar property in the world that cannot be confiscated from you by anyone. This property also has no weight, and takes up no space. You can walk across any border with the entirety of your wealth in your mind by memorizing your private key. Pretty cool.
I think btc will always be property............only used to settle large transactions. Perhaps betweeen corporations or countries.
I don't know if you've heard the saying, "bad money chases out good money." ?? But that is part of what's happening with BTC. People want to hoard it and spend other currency. Btc is chased out of the market in expectation the value will rise......and it has.
I can see what you mean. It seems like something good to have if you want to hide assets or are on the run and want to bail. Go to Mexico or some exotic land with a fortune on a usb drive.
I always figured if nobody actually used it for what it was intended that it would lose value. It does seem to have uses though.