Bitcoins primary value and innovation is in providing an alternative to the state imposed fiat monopoly which is a monopoly over MoE. There are plenty of speculative commodities all with their armies of touts talking up their potential value. But to provide an alternative to the state imposed monopoly over MoE is Bitcoins fundamental underlying value - to mistake its value as a speculative commodity is to fall into the most obvious trap of those who want it captured and controlled and NOT used as a MoE. Bitcoin has been consistently and very vigorously obstructed from being used as a MoE. In many countries its use as a payments protocol is outright banned. In the liberal western democracies CG taxes act to effectively make use as a MoE such a burden that very few businesses or consumers have adopted it for MoE. As long as Bitcoin is contained within a safe narrative of it being a speculative commodity it has been captured and controlled- without many even realising it.