> As we can see from everything above, holding BTC will tend to be very expensive, as large fluctuations can cut your savings in half without warning. There is

> As we can see from everything above, holding BTC will tend to be very expensive, as large fluctuations can cut your savings in half without warning. There is no historic trend in which Bitcoin has become "very expensive" to hold long term, especially when compared to other long term asset classes. This fact is due to the price sitting at the top of its value, historically. Large fluctuations in other asset classes may also hold this property, which means it's a common issue with asset speculation, not Bitcoin itself. This is not to say that Bitcoin's value will not decrease at a future date. It likely will. This entire article's argument has been heard before. Bitcoin isn't money. It can be used as a currency, but its nature is much, much more than that.