"lack of utility"

the utility is an uncensorable money with algorithmic deflationary monetary policy that prevents debasement thus being a superior store of value

right now, we are in the adoption phase (think consumer tech adoption) and thats why you are seeing dramatic growth in value

what do you mean by uncensorable? I mean that bitcoins utility is low and nobody uses it to transact because that's too expensive and computationally intensive. It's mostly purchased by speculators

uncensorable meaning not banker can stop you from transacting. no one is in control of the ledger.