What‘s the entire point of BTC at this point?

Hello,

I‘m in the crypto market for many years now. The entire idea around Bitcoin is still revolutionary and very important in my opinion.

But let‘s look at BTC today. It‘s a very decentralized PoW network with a theoretically fixed supply written in code and saved within thousands of nodes worldwide via social consenus. But that‘s it.

It‘s light years away from being a payment p2p network. It‘s literally a Wall Street meme coin at this point in time. People buy it to make more Fiat in the same way people buy stocks or gold.

People often claim BTC would be digital gold which isn‘t an advantage at all. If BTC is digital gold it‘s actually flawed. „But you can self custody and actually hold your own money“: No, that‘s a lie. With the low throughput of the Bitcoin network only a tiny amount of people are able to self custody and if there‘s a black swan people probably have to wait weeks to finally get out.

Where‘s the entire point of BTC when it‘s just a store of value? Then you can actually buy the real physical gold which you can hold and hide unter your house where nobody can find it. Gold will always be limited and have a real demand. BTC is just a number in a ledger which isn‘t limited at all because the block reward will go to 0 and fees can never sustain the network when nobody transacts because most people are holding and waiting.

I just see no point. I‘m not a BCH fan but BCH is useable as a p2p PoW network like it was claimed in the Bitcoin whitepaper. It‘s a currency. Which was the entire point of cryptocurrency at all..

thanks