Indeed a good store of value.
But is that the real purpose of it?
For now that might be the case and everyone is selling whenever they see a pump is happening.
Either a ROI or just a small profit.
For those who are saving money instead of banking this could be also the better idea rather than waiting for annual return which is just small.
But I believe it should not end that way.
What is the point of Bitcoin?
Bitcoin is the first ever money with a known monetary policy that cannot be manipulated. It is digital and can be sent across the internet, radio or satellite. Gold is very difficult to transact
It is a public ledger that cannot be cheated i.e. no fraud. It is the most attacked piece of software ever created and cannot be hacked.
It is decentralized meaning you do not need to trust a third party. You can send and receive money from anyone in the world, whenever you want, without anyone having a say in it and almost instantly.
It is borderless.
It is unconfistable meaning nobody can freeze your funds or prevent your access to them.
Bitcoin is the future. Start doing your research or you are going to be left behind.
As Fed Chair Powell put it last week when testifying the national debt is growing faster than the economy and poses a threat to future generations. He also said he nor anybody knows what to do about it.
The current fractional reserve debt based system is unsustainable. Buy Bitcoin.