> Bitcoins are a tool to transfer and store value. They're way too volatile to be any useful kind of store of value, as this month's ~33% drop in value has jus

> Bitcoins are a tool to transfer and store value. They're way too volatile to be any useful kind of store of value, as this month's ~33% drop in value has just proven. Nobody wants their stored value to depreciate that quickly and unexpectedly. That's simply not a good store of value — arguably it's not a store of value at all by most definitions.