Bitcoin has crazy volatility compared to gold and even USD. Sure, you can use it for speculation, but no one in their right mind uses Bitcoin as a store of value.
People just hope that someone else will use it as a sure if value, so that the price rises and they get rich off it. Ie, speculation.
People just hope that someone else will use it as a sure if value, so that the price rises and they get rich off it. Ie, speculation.