Post
Topic
Board Bitcoin Discussion
Re: BITCOIN IS NOT A STORE OF VALUE
by
lucates
on 20/09/2022, 08:23:02 UTC
https://www.youtube.com/watch?v=n41GPPhLkhI&t=30s

Keeping in mind the most important factor, without gold and silver, all electronic equipment wouldn't exist = bitcoin would not exist. Computers, phones, tv's, etc ALL require silver and gold to be manufactured.

The store of value means an item acquired should, over time, either be worth the same or more. Some people think bitcoin will be the global store of value. Others think it's a kinda myth. Whatever it's, in my opinion, bitcoin in the hands of the right person can do amazing things. Have programmers and cryptographers who can use bitcoins underlying protocol to create magnificent things such as crypto currencies. So what gives bitcoin value depends on your qualifications.