* Who knows if this will continue
That incurs a relatively high flat fee (somewhere between $5-$50 dollars in recent times).
It doesn't make sense to pay this fee for small amounts (though is great for large amounts).
You can get around this by using exchanges and the equivalent of credit cards where multiple transactions are rolled up into one wallet to wallet transaction. This comes at the expense of volatility or if your bullish it comes at the expense of having to float a growing bitcoin reserve.
This is not an option for a lot of businesses, basically you need a 3rd party provider for it to make sense for these businesses and realistically that means they're getting cash value at time of trade and it's the provider that is taking on the volatility risk/reward of waiting to trade there bitcoin.
How does the price of BTC, which is almost infinitely divisible, affect usage?
I see comments like "We're early, price can still rise, etc". Outside of a store of value any usage / institutional use for transactions wouldn't matter right? The BTC is a proxy for the money / collateral on the sides.
If I buy a hamburger with BTC:
If it is settled in BTC then the burger price would adjust often.
If it is settled in anything else, I just adjust the sat / slice of BTC I use.
Am I missing something? Outside of a store of value.