I think not only does the price sway people away, not everyone has the discipline for delayed gratification. Bitcoin rewards those that have strong discipline and patience. Even those that are ultra wealthy carry these attributes as well.
Discussion
Absolutely
Low time preference for sure
My guy just bought a 60k vehicle. He ain't practicing no delayed gratification with that new finance. I left his house and he was showing me cruises on Tik Tok and bunch of consumer products and activities. We live a different lifestyle.