Bitcoin IS a Meduim of Exchange

Most people are just scared of using it as such

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The thing that stops many people from using it as a medium of exchange is that most likely in a few years it will be invaluable

I think what keeps people from using it as a medium if exchange is that they aren't living on a Bitcoin standard. Once you have nothing but Bitcoin it modivates you to spend Bitcoin

Well yes of course that's it too!

It will be used as a moe once price levels off, after the adoption phase

Not scared sir, I’m hoarding

Before Bitcoin most of my dollars were just sitting around too. It isn't like you move your IRA holdings around every 5 days either.

This is called the velocity of money. High velocity of money means high time preference and or economic hardship in the society.

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Just zapped you. Proof.

Not scared, just don't feel the need to spend it on crap

Spend and replace remains undefeated

It's so easier with bitcoin than credit cards.

Financial privilege is probably what is holding people back, I assume.

A medium of exchange, a store of value and an unit of account.