Post
Topic
Board Bitcoin Discussion
Re: Evaluation of Bitcoin as a store-of-value
by
Spaffin
on 25/10/2018, 18:15:28 UTC
I managed to articulate my evaluation of Bitcoin as a store-of-value. Let me know what you guys think?

https://hackernoon.com/evaluation-of-bitcoin-as-a-store-of-value-2cb0a7961713

Do clap on medium, that helps me to get more visibility


My old articles which everyone enjoyed was Is Bitcoin redefining money?
https://hackernoon.com/are-we-about-to-redefine-money-again-4bed5344ebaa


Thanks
Arne
I fully agree with your statement in the attached link to the article that an object can become a reliable repository of value only if it has great liquidity in the short term and converges to stability in the long term.
Bitcoin does not now have high liquidity and in the future will not lose its high volatility and will never have price stability. Therefore, as a repository of value, it is pretty bad. For example, ask about the reliability of Bitcoin as a repository of value from those who acquired Bitcoin at the end of last year at a price of about $ 20,000 and where their repository of value has now gone.