/biz/ - Business & Finance

So let me get this straight

You buy crypto currency because it will be worth a lot once everyone used it.
>but if it goes up a lot people will hoard it instead of transact with it
>if people hoard it and it's volatile merchants won't adopt it
>if people won't adopt it then how does it become worth more
>???

Would the only crypto that gets widespread usage be one in which you cannot gain from speculating in it?