when they have the chance, don't spend sats "because they want to have bitcoin, not dollars."

Oh, dammit, I agree. Therefore, why not use Spend & Replace if there is a simple way to convert BTC to USD and vice versa? This encourages adoption.

Because we failed to create a free, black, circular economy prior to the governments going full authoritarian with CBDCs and against Bitcoin, these individuals who are hoarding Bitcoin so fervently as if they were Gollum may find themselves in the future with millions of dollars in value but no use for it.