> Fees have actually come back to earth over the last month Well yes, but who would to want to use Bitcoin as a medium of exchange now? The period of fee infla

> Fees have actually come back to earth over the last month Well yes, but who would to want to use Bitcoin as a medium of exchange now? The period of fee inflation will surely have killed that off for all but trivial uses. Similar rationale with Bitcoin as a store of value. A 7% 30 day vol vs USD is, well, chunky. As a vehicle for speculation and short term vol trading it's clearly still a thing but that's not quite what it was intended for.