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> being a store of value You yourself have hit on the justification for Bitcoin's use.
by pc2g4d 9y ago
> being a store of value
You yourself have hit on the justification for Bitcoin's use.
- chrischen 9y agoBitcoin relies on other people to buy in and hodl in order to fulfill its value storing properties. If people stopped buying more (at higher prices since it's a fixed supply) then the value would plummet, and that would be a terrible value store if your value plummets while being stored in it.