It’s a vehicle for speculation.
Maybe you can answer the question I’ve been asking: What percentage of bitcoin total value gets used as currency and what percentage is purely greedy speculation?
16 million coins have been mined. 21 million max with the amount available to mine halving every four years.
It’s a scam, brilliant, but still a scam.
Bitcoin transactions are minuscule in comparison to speculation. I don’t have percentages, and they’d be rapidly out of date if I did.