this picture really shows how bitcoin really preserve its value and even goes beyond huh? meanwhile the traditional paper money have a hard time retaining its value bitcoin keeps on increasing its value and now we see only takes 1.5 for a tesla.
I guess never once people in the past thought how big potential btc really has. the paper money really feels like bad investment at this point
With so much price instability, I wouldn't say bitcoin has any history of preserving value. That's not why people are buying it. People are FOMOing into it for gains, not to preserve value, which is entirely different than what is going on with crypto right now. (Interestingly, also TSLA as a stock, which ties in with the opening post.)