It's both. It's the best money for both.
Discussion
Maybe, but the space is crawling with the sort of people nobody IRL would want around. Money is not everything.
You can't eat money. They will have to spend it someday or another.
They're saving it until it stops rising rapidly in purchasing power, which means they will take it to their grave.
I suspect that is already common enough. The Bitcoin simply never moves out of that wallet and is retired.
It's not. It's a lousy currency compared to the current fiat payment rails available is most countries. At most, it can still be a replacement for cash when it is eventually banned.
As a store of wealth, however, nothing comes close to it.
And no, you don't need to spend it, ever, just like you don't usually need to sell your house to buy groceries unless you fucked up really badly. If you're doing things right, you will be able to borrow against it and invest in other assets that bring cash flow to pay back the loan and keep your bitcoin intact,
Disagree man. Real estate isn't liquid. Bitcoin is. You don't get it yet, imo. At present, you should be stacking as we find the top of the s curve, but you should absolutely spend/replace whenever you have the chance. Bitcoin just sitting in your wallet doing nothing is only going to make global adoption and circular economies take longer.
Of course it's doing something. Something really important, at that.
It's causing the scarcity that makes bitcoin valuable. BTC being liquid doesn't mean it's not a good store of wealth.
On the contrary, it's one of the ways it's superior to real estate or gold.