hmmmm, very interesting post. I appreciate it. But I would argue that BTC is being adopted in other parts of the world where their fiat currencies are more unstable and/or worthless.

One can take a look here at Steemit and see that there are many people on this platform that may have a hard time finding employment in other parts of the world. They can take the rewards and convert it to BTC. I know that isnt really what your post is about, but I think its good to note that BTC is the standard.

At this point, the mining of BCH is garbage.

There are more and more places that accept bitcoin as payment.
https://news.bitcoin.com/nordic-law-firms-now-accepts-bitcoin-payments/

This is from last year: https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

And this doesnt take into account all the places in 3rd world that will accept BTC. There are many.

A use case? The use case is as long as people are accepting it as a means of payment, it has a use. Pretty simple IMO.

I did enjoy reading this. And as people lose confidence in fiat, so confidence in crypto grew. It happened very quickly. Not isolated to one part of the world either.

I do agree that this is a very risky time for someone to enter the market and purchase bitcoins. But let us remember that btc is divisible, and as such, can be broken down.

I would also tell people that if they are spending 50 USD equivalent for a TX fee, they are nuts Many places in the world do not even go by USD value. A typical TX fee from exchanges can be free, as in GDAX, or up to 100,000 sats, like Cryptopia.

And that is not 30 dollars.