3 ms·
Nothing has that value if you look at a long enough time span. Gold, a traditional store of value, gained >100% and then lost >50% in the course of a decade.
by eof 9y ago
Nothing has that value if you look at a long enough time span. Gold, a traditional store of value, gained >100% and then lost >50% in the course of a decade.
Obviously this is not even noise compared to bitcoin; but my point is that bitcoin has shown to be an exceptional store of value for a long term hold.
Beyond that, I think most people who believe in bitcoin as a long term store of value expect that when it reaches a mature global-level market cap; the swings should be less severe.