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I don't think it's reasonable to think about it in such a simplistic way.

BTC has been subject to massive swings. Just looking at CoinDesk, it was easy to find a time where it doubled in value in less than a month. Why would any reasonable person spend that sort asset?

I think the dynamics of the market are as important as the technical features that some digital currency has.

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But for the average crypto investor who isn't a whale and isn't insider trading on the whales, the dynamics of the market are effectively just random. This isn't like a stock where you can objectively look at the company, compare it to other companies and understand how it derives profit. It can't work either as a currency or as a reliable investment.

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