Also, aren't we early?
As in: most regular human BTC holders are not 70/80/90 years old ..
.. but in 30 years many will be.
I'd assume that if someone's using BTC as savings account and even if they're using it for speculation/leaving legacy, they at some age will spend some of it to "get" something out of it before they go to the grave.
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Most smaller hodlers will soon have to sell their Bitcoin, as they will lose their income to AI and the shrinking economy, and will need the money to buy necessities.
That will then also be hovered-up.
Call me naive, but somehow I don't think we'll ever run out of work .. but that's another topic.
Maybe a bit like Jevon's paradox but for work instead of energy .. we'll use what we have, even when we discover powerful new tools that'd allow us to let capacity sit idle with same output.
