It's probably most useful to compare Bitcoin to gold (apparently the Biggest Bubble in Stock Market History: http://gainspainscapital.com/2017/08/08/officially-

It's probably most useful to compare Bitcoin to gold (apparently the Biggest Bubble in Stock Market History: http://gainspainscapital.com/2017/08/08/officially-biggest-bubble-stock-market-history/ http://gainspainscapital.com/2017/08/08/officially-biggest-b...). Let's take a random sample of reasons why gold is a store of value: https://www.quora.com/How-did-gold-become-the-historical-standard-store-of-value https://www.quora.com/How-did-gold-become-the-historical-sta... Pretty much every of those attributes can be created in most cryptocurrecies (or made obsolete), with arguably these exceptions: - Universal (as of now) - Bitcoin is indeed universally recognisable and tradable, compared to other cryptos. - Stable - very unknown, but so far the long age of Bitcoin made it a bit more stable than most other well-known alternatives. Though that could be challenged if an inherently stable cryptocurrency mechanism is invented. Perhaps universality will be always there and will be enough. But overall that makes me bend in the direction that inherently there is nothing special about Bitcoin in the long term, while other cryptocurrencies are researching and reinventing very foundations of value, trust and finance in general. Imagine if there will be no reason for any currency to be a store of value in the future. Why choose that, versus some kind of automatically diversified crypto-index or other portfolio, that is for example bound assets related your interests and beliefs as a person. Just take a micro-sized chunk of it each time you make a payment.