The money supply for BTC increases slowly. This is discouraging transactions because (if you believe in the currency and its future) you should hoard your BTC. The amount of new BTC going into circulation is low, barring any disaster (e.g. Germany banning BTC, Kraken hacked), it just makes sense to hold because what you have today will be worth more tomorrow.Because of the limits in the supply of money, today BTC is more of a stored value system (like gold), than a transactional currency (like USD).
Bitcoin FAQ — Medium Saturday, April 5, 2014 @ 5:05pm
Compare and contrast that to Dogecoin, the satirical currency whose mascot is a shiba inu that speaks like a caveman. New coins are issued frequently and at high volume and each coin has little value.
