Many people where I'm from are in debt. There is no reason to save for anything, because anything you want can be purchased with credit, or a loan. It's like reverse savings, you can get what you want now, and than save for it later. Most people dream of having savings, and if they had a choice would probably choose cash in a bank, because when it comes to bitcoin it always feels like it's too late. When bitcoin hit 2000, I didn't think it will go higher.