Hi,
Bitcoin is increasingly viewed as "digital gold" in 2024.
What challenges could Bitcoin face in becoming a universally accepted store of value? Any thoughts?
Yes Bitcoin is really a valuable asset, because you notice usually people who invested in Bitcoin 10 to 12 years ago basically got the most valuable asset today. Only those who have invested in Bitcoin can give accurate information about its success, because without access to Bitcoin, information about its authenticity cannot be found. So the person who invests in Bitcoin will only see its effective sign, as it will become more valuable in the future.
So it will have a bright future as a valuable asset and will continue to increase in price. It is possible to get several times the current price in just one year, if we wait until 2025 then there is a bull market. Bitcoin has made record highs in every bull market, I think that is the biggest proof. So Bitcoin is an invaluable asset greater than gold.