It is a store of value. I would not call it an investment - because it does not really produce anything. It is like gold - but digital: https://medium.com/@zby/

It is a store of value. I would not call it an investment - because it does not really produce anything. It is like gold - but digital: https://medium.com/@zby/proof-of-work-8d8265def194 https://medium.com/@zby/proof-of-work-8d8265def194 I don't think it is a very good store of value - we mostly need store of value in the special cases of wars, extreme crises, and similar stuff - for normal times we can invest our money into businesses that really produce something. But bitcoin does not seem to be very usable in these circumstances. It is not well tested. It is also in danger of being replaced by some other cryptocurrency. And I don't thing there is space for more than two or three of them - just like money gravitated into gold and silver.