Those living in the bitcoin world right now are the biggest proponents of store of value. Stack, hodl, It's relentless. And that's on the pleb side. On the corporate side it's treaury, salyor, on and on.
Bitcoin is not, and cannot, be both at once. At best it can be primarily one and a little bit of the other.
By living in the bitcoin world, I meant living on the bitcoin standard and not owning fiat (like me). Bitcoin is my SoV and my MoE. It has to be both when it's all you own.
That's commendable, but you are the rarest of the rare.
There is also the Goldback community, some of whom try to live on a pure goldback standard. A goldback is a physical note that contains a precise, spendable amount of 24-karat gold sandwiched in polymer sheets. True story that. They claim some 3k businesses voluntarily accept goldbacks across the US and some 1 million people have got their hands of some.
But none of these outlier movements, your and theirs, have much bearing on what's going on at large.
Interesting, did not know that about goldbacks! Agreed that _right now_ pure btc standard and goldback standard aren't indicative of the bigger picture. But in the long run, I think it flips
Since people keep saying Bitcoin is digital gold, I don't see why we treat it as SoV and use something like Monero or Goldbacks as the MoE for buying and selling it with.
MoE mostly refers to buying coffees, paying the plumber, going on vacation to Bali, that kind of stuff. Exchanging money for goods and services, not for other money.
