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Replying to Avatar Cyph3rp9nk

People are very thin-skinned about what such a character as Saylor says about what Bitcoin is or is not, I have my own criteria, Bitcoin like gold has the duality of store of value and money (although currently it is almost impossible to use gold as money).

And I go by what my senses see, not by what some random economist on the internet may tell me.

Bicoin is a store of value, peculiar (high volatility in the short term) but a store of value, and if not tell that to those who are able to hold it for 5 years or more.

On the other hand it is also money, as much as some people insist on saying it is not, since the first day it has been used to exchange goods and services, as much as some people hate it.

Bitcoin is what gold was in its day, a store of value and money.

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Melvin Carvalho 1y ago

At this point bitcoin cannot be said to have ONE use. Because look at all the different uses of it. We didnt know how people would use bitcoin at the start, or even IF people would use it. But it has become used by 10s of millions of people as a store of value. So there is an implicit social contract between the devs, the community and so on to protect those users.

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