It's amazing the level of bias from the members on these boards. You are all on a shared delusion. How long has bitcoin existed? Has it existed more than 100 years? 200 years? How long have you been alive?
Case and point gold and silver were here long before, and will be here long after both you, and bitcoin (the man made invention) are gone.
Governments can and will squash it if they want and there's no amount of arguing that will save it from becoming put under so much regulation that nobody will use it.
Store of value doesn't shed 40% of it's value... That's indicative of a ponzi scheme. How about lets talk about the trading bots that ultimately control the market, or am I a conspiracy theorist for pointing this out?
I expect completely biased individuals to jump in and try to rationalize all the ways that I'm supposedly wrong. But the fact is you all cannot argue with history, and what world banks and governments are stockpiling. Don't forget, they can blow you up, at that point your monetary pipe dream theories all go out the window.
After all, there is nothing wrong with what you say. To be fair, bitcoin's future is uncertain, in terms of its safety not comparable to gold or older assets. But bitcoin is a wonderful invention that we have today, you won't find another tool or a convenient store of assets like bitcoin, or it can be used as an instant means of cross-border payments...It can be seen that the benefits that bitcoin brings over gold or fiat are indisputable.
We still live in a world where the government is still the one that controls everything, so it's really impossible to fight them if they want to. But we still have the right to hope because all governments don't think alike. USD used to be the dominant currency in the world but now many countries are also starting to refuse to use it and find ways to create a different monetary system. It will take a long time to do that, it will probably fail, but it shows that governments are not all the same. So we still have hope with bitcoin, things can change as people's needs change.