[jdsteel]

“ It’s a way to sound forward thinking while torpedoing the real threat to power, which is a decentralized, non-central bank controlled medium of exchange and store of value.”

To be a store of value it must have value beyond that which is given it by it’s proponents. Crypto does not.

[GunRunner]

Proponency has nothing to do with it. Bitcoin is a store of value because it stores value across time. I don’t place value on rare baseball cards or Dali paintings, but the market does, just as it does for Bitcoin.

It’s also a store of value across space, since I don’t have to physically store it or transport it (or pay for its storage or transport). Its value exists as long as I have access to my wallet and my pass phrase, and it maintains its value year after year.

Even at a near 50% drop since its high, it still worth 10% more than it was a year ago, and 400% more than it was worth 2 years ago.