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people definitely used old coins for transactions because back then crypto wasn’t as valuable as it is now and using it for investment wasn’t a popular idea yet so people were using crypto for investment purposesIn the past, people may use it for transaction, but they no longer use it for transaction anymore nowadays. For example Bitcoin, now people prefer to keep it on the wallet for their investment. In the past, people used Bitcoin to buy Pizza but it seems rarely happen again. But the Bitcoin adoption will continue although people prefer to use as their investment. It is not a too bad change for Bitcoin function.