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> I don't know that bitcoin can be used as a store of value, especially for future adopters. All else being equal, it seems to be designed to be a perfect stor
by dasil003 13y ago
> I don't know that bitcoin can be used as a store of value, especially for future adopters.
All else being equal, it seems to be designed to be a perfect store of value because it is deflationary by design. Obviously it is far more volatile and risky than something backed by major world governments at this stage, however it does come with certain guarantees that no central bank could credibly make (if the crypto holds). For people who have had their wealth stolen by governments this could prove a very attractive pull.