Re: Can we agree BTC is not a store of value?

Quote from: thirdprize on March 16, 2020, 11:21:47 AM

Listen to this podcast.
https://unconfirmed.libsyn.com/coronavirus-how-it-will-impact-bitcoin-and-the-halving-ep116
However much you want it to be, BTC is NOT a store of value. It has been a few years since $20K and even now, each peak is smaller than the previous peak. Probably be $3K by the end of the week.

For me Bitcoin is not a store of value but is it an investment because it was volatile.Although this time of pandemic all are affected and i can say that there is no store of value at this moment. Anyway ,maybe on other people it could be a store of value because we have different perspective about it and i think there is no problem if other people treat it as store of value and others are not.