If people/investors are correlating BTC with the stock market, then to me that says that they view it like a stock. BTC is traded like a stock, but has so many more attributes contained within it. It functions as a digital cash, yet retains it's value like physical Gold. The only category that Gold beats it in is in time proven. (thousands of years) But, It also signals that we are STILL very early to the party in regards to adoption. Even as I comment right now, we are $7,208 (current price) times more valuable, than a dollar. Which, is backed by nothing. And that scarcity with BTC will continue to go up as we cut supply every 4 years or so. But, if people realized what the fundamentals of BTC are, I think that people in the future will view it vastly differently. You can not make/print any more BTC, than is provided roughly every 10 minutes. That is programmed into the code. Especially given the Trillions of dollars pumped into the system as of late. Not to mention we are already about 24.4 Trillion in debt. Things should get very interesting with inflation.
Thanks again for letting me comment on your forum Doc...
Take care-