I’ve read people debating this. The narrative of number go up and the popular financialization of BTC in ETFs and Microstrategy is certainly pushing things towards saving
E: I still don’t see many common platforms I use offering it as a payment method. Also a lot of people like to use WBTC as collateral for borrowing and play yield games, so in that sense it’s being saved long term and borrowed against
I’ve read people debating this. The narrative of number go up and the popular financialization of BTC in ETFs and Microstrategy is certainly pushing things towards saving
E: I still don’t see many common platforms I use offering it as a payment method. Also a lot of people like to use WBTC as collateral for borrowing and play yield games, so in that sense it’s being saved long term and borrowed against