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it’s not a successful store of value. it’s volatility is way too high. the gold price changes but it’s actually not very volatile at all intraday. the volatilit
by ffggvv 6y ago
it’s not a successful store of value. it’s volatility is way too high. the gold price changes but it’s actually not very volatile at all intraday. the volatility of btc isn’t decreasing as the price goes up either.
it’s just a succesful speculation instrument as of the current date because it’s at all times high. we’ll see if it stays that way perpetually but that’s not a good store of value.