a better question is to look at how people use it, the frictions they encounter, and who works on solving those frictions
just saying “speculation” as if thats not a use case misses that “financial services” are our biggest industry on the planet and thats mirrored in the blockchain space, many people solve frictions and compete with each other. it willfully ignores that all currencies are 99% held as stores of value and the M0 money supply is a tiny fraction used as cash and for merchant transactions, a distribution also mirrored in the blockchain space but ignorantly used to discredit it despite ironically showing how well it works as a parallel economy.
additionally due to the structure of blockchains as a pay to write database, most use cases that aren't related to stores of value or trading are intrinsically tied to something financial which makes the standard impossible
just saying “speculation” as if thats not a use case misses that “financial services” are our biggest industry on the planet and thats mirrored in the blockchain space, many people solve frictions and compete with each other. it willfully ignores that all currencies are 99% held as stores of value and the M0 money supply is a tiny fraction used as cash and for merchant transactions, a distribution also mirrored in the blockchain space but ignorantly used to discredit it despite ironically showing how well it works as a parallel economy.
additionally due to the structure of blockchains as a pay to write database, most use cases that aren't related to stores of value or trading are intrinsically tied to something financial which makes the standard impossible