Even the store of value argument won't work if this keeps up... Half of Americans don't have $500 free. Imagine you're an average Joe who just wants to put $100 in every few months to store the value. $20 to transfer to wallet, $20 more to transfer to an exchange once you need the money again. Right off the bat you need it to increase by 40% just to break even... Soon the maximalists will argue that it was never meant to be a currency OR store of value, but just a speculative coin for rich people to bet on.