Basically the question is: Does BTC exist for anything other than speculation that _HAS_ to be able to end up back in real world currency?
(Because some would say BTC itself is worthless and pointless other than for cheating others out of their cash via donation, ponzi logic and/or price fluctuation - drugs and bitmunchies aside).
So many people give themselves an easy time of knocking around the classic "Lul best investment ever" attitude, but I postulate that
a) it's easy to just POST about that, but, honestly, if you take it as a serious assumption for a minute, how comfortable would you be with holding the _ACTUAL_ currency BTC if it weren't for the fact that it's just a temporary placeholder for real world currency?
most people mean this in the sense of speculation with real money to increase real money and BTC is just a speculative vehicle and interchangible with anything else that has as wild swings and can be "bet on".
Mining aside, which, although still an investment, basically is still negligible in terms of losses because you'll always have the tangible hardware, I would like to know how many people will with a straight face admit to wanting to have BTC if they were just that: BTC.
Not exchange-tokens for real currency.
I would in a heartbeat say I would have zero issues if I could not exchange my EUR into anything else(because I can get literally everything I need to live and survive with with it even if that were true "here"), but strongly believe that this will never apply to BTC for me.