Post
Topic
Board Bitcoin Discussion
Re: BITCOIN IS NOT A STORE OF VALUE
by
darkangel11
on 05/09/2022, 08:39:09 UTC
bitcoin has got a store of value.. but this VALUE is not the price

I couldn't agree more. We can only measure value by comparing it to something stable. Unfortunately bitcoin is priced in fiat money and that's never stable, as you can see by the dollar index.
Bitcoin dropped a bit in value this year but in price it crashed, but it happened only because fiat money was pumped at the same time. the dollar was pumped so much that it for the first time in history became worth more than euro. If you pump a price of something it will look like everything else went down in relation.