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To: jdsteel
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.

38 posted on 01/22/2022 8:16:25 AM PST by GunRunner
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To: GunRunner

“Bitcoin is a store of value because it stores value across time.”

Is that something you heard & repeated or just made up? In either case, read it back to yourself a few times and see if it makes sense to you.


39 posted on 01/22/2022 11:26:34 AM PST by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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