Post
Topic
Board Bitcoin Discussion
Re: Evaluation of Bitcoin as a store-of-value
by
pooya87
on 26/10/2018, 04:07:10 UTC
I somewhat agree with the statement, but at the same time, I want to ask, if a particular asset (Digital or physical) doesn't have a store of value, or if it is not promissory by some regulatory body, how can it be used as a "medium of exchange"?? Why would someone be interested in accepting that asset as a medium of exchange??

these two arguments are  different:
- bitcoin is a store of value
- bitcoin is a currency that can also be a store of value.
what that statement is saying is that it is talking about the first narrative of saying bitcoin is not a currency, it is just a store of value. and when we remove the only reason why bitcoin exists (being a currency) then we are killing bitcoin with our own hands, in my opinion.