If it were actually used as a medium of exchange, it would likely be more stable and it would provide value by facilitating trade. That was basically the origin

If it were actually used as a medium of exchange, it would likely be more stable and it would provide value by facilitating trade. That was basically the original intention behind the design. Unfortunately most people are buying it to hoard and sell later, not to use as a payment mechanism, in part because it hasn't scaled to a higher transaction rate, causing large transaction fees whenever anyone attempts to use it.