Many of the people who I've seen make the claim that Bitcoin is a "reliable store of value" or digital gold then go on to talk about how its undervalued, an inv

Many of the people who I've seen make the claim that Bitcoin is a "reliable store of value" or digital gold then go on to talk about how its undervalued, an investment, one of the few things that can give you these kinds of returns, etc. There doesn't seem to be much reflection on a how using currency, storing something in a reliable store of value, investing in assets, and speculating on asset prices are all very different behaviors. It's also telling that when the economic issues of bitcoin are pointed out, the response is often that people don't understand the technical side or that they need to read the white paper. It would be like if someone said they don't think many consumers would like the iPhone X and the response was "you really shouldn't comment unless you know the details about how the iPhone X is manufactured."