Replying to Avatar LogicallyMinded

Is #Bitcoin a good store of value? Store of value can be ranked according to the six following properties:

- Scarcity: yes, Bitcoin has hard-coded scarcity.

- Stability: stability increases after each cycles but overall, Bitcoin isn’t a stable asset. You can’t buy bitcoin at any time and expect its value to remain around the same level relative to an index tracking inflation.

- Durability: yes, although hack and key mismanagement presents a risk of loss.

- Portability: great portability.

- Divisibility: yes, but currently fixed and hard-coded. May require to be updated as prices keep on rising.

- Acceptability: good but not as good as fiat currencies within a country of acceptance. Also this property is being challenged by AML/KYC procedures.
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LogicallyMinded 1y ago

Is #Monero a good store of value? Store of value can be ranked according to the six following properties:

- Scarcity: no fixed supply but predictable supply through tail emission.

- Stability: higher stability than most crypto but still volatile during bull/bear markets.

- Durability: good, although hack and key mismanagement presents a risk of loss.

- Portability: great portability. Higher than Bitcoin due to dynamic block size guaranteeing low fees.

- Divisibility: yes, but currently fixed and hard-coded. May require to be updated as prices keep on rising.

- Acceptability: good but not as good as fiat currencies within a country of acceptance. Also this property is being challenged by delistings and shutting down of on and off-ramp services.

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