Hear me out-

I don’t think the narrative of bitcoin being a store of value is a bad thing.

I think the greatest currencies in the world should be a store of value, as well as a means of exchange. How many other countries have USD stockpiles?

A lot, if not all.

People will always use the best available currency as a store of value. I’m from Canada and I know many people bought the USD when it was at par (2008 or 09) just to sit on it, until its value once again outperformed the CAD, they then spend it or swap back to CAD.

Bitcoin is a currency, it’s not just an asset. Just like any other powerful countries currency ever was.

The only thing that’s different here is that we’re in an entirely new space, and the market needs to catch up. As soon as the masses realize that bitcoin is a superior store of value, the best buying power investment you can make and the top performing currency in the world, do economics not state that the market will adjust and allow for the use of this?

I don’t see people or businesses giving up on opportunities to earn and hoard bitcoin once they understand that it will outperform all weaker currencies, and they will eventually understand this.

From my lens, bitcoin has never even really been a store of value- it is a buying power play. It is just a currency that is harder and more sound than other currencies, therefore it outperforms them.

People will want in and they will innovate, accept BTC and trade in BTC. The market will catch up, people just have to catch on. Hard money always wins.

There’s my rant for the day.