Post
Topic
Board Bitcoin Discussion
Re: BITCOIN IS NOT A STORE OF VALUE
by
LegendaryK
on 31/08/2022, 04:20:33 UTC
This is why bitcoin was invented as a currency not a store of value. It can and is being used as a medium of exchange and only to some extent it can act as a store of value when you look at it from a long term perspective and ignore the short term volatility.

Then just leave it at BTC is a digital currency that fluctuates extremely high or extremely low verses Government Based FIAT money.

Quit the store of value nonsense,
so people don't put their kid's college fund in BTC , and then 1 month before the kid starts college ,
have to tell the kid they have to wait 5-10 years for BTC price to recover.   Tongue