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it doesn't though. The reasons why it's kept as store of value are historic, and its real world usage is a side show that can't really justify its speculative v
by cblconfederate 5y ago
it doesn't though. The reasons why it's kept as store of value are historic, and its real world usage is a side show that can't really justify its speculative value. It represents something that globally people believe in. Most of the gold is not held physically.
NFTs are status symbols, but i haven't seen bitcoin worn as jewellery yet. In any case, if people could use bitcoin to paint their house, its value wouldn't go up