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A store of value is an asset with as close to 0% volatility in price as possible. Bitcoin is a speculative asset: it has very high price volatility. It is not

• tgsovlerkhgsel 10mo ago
  By that standard, over the past year, Bitcoin would be a better store of value than gold...
  • kanbankaren 10mo ago
    Over the past year, Bitcoin lost 10.8% Gold gained 60.0%
    • tgsovlerkhgsel 10mo ago
      qed
    • listenallyall 10mo ago
      > A store of value is an asset with as close to 0% volatility in price as possible. You just proved his point. In this example, bitcoin's volatility is closer to zero than gold's. Thus, by the quoted definition of "store of value", then in this particular time frame (it would be very different going back 5, 10, 15 years), bitcoin is the better store of value.