And they said Bitcoin wasn't a store of value...steemCreated with Sketch.

in bitcoin •  2 months ago 

Bitcoin isn't a store of value, until it is

Defining a store of value probably has a different definition depending on who you talk to.

Most here in the US have decided that bitcoin hasn't worked as a store of value, though gold hasn't either if you judge them both on the last year or two.

However, if you jump across the pond to Europe or to emerging markets you will see that bitcoin has worked as a store of value.

While their currencies have plummeted, bitcoin has held up in relation.

These are the headlines starting to trickle out lately:

image.png

(source: https://twitter.com/Dennis_Porter_/status/1576083744448188417/photo/1)

Sounds like a store of value to me... at least to some.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!