No one stores their wealth in USD because it's not a good store of value.
> What store of value can you purchase with BTC without first converting to USD?
Switching out to gold from BTC is pretty painless.
> What store of value can you purchase with BTC without first converting to USD?
Switching out to gold from BTC is pretty painless.
People just hope that someone else will use it as a sure if value, so that the price rises and they get rich off it. Ie, speculation.
Many people who started using Bitcoin last year lost a lot of their value.