Replying to Avatar average_bitcoiner

value is all speculative and subjective. i suppose it's a function of perceived future value that is being "stored". so there's no physical storage of value. so you're right.
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semisol 1y ago

A better factor is how a currency may perform in an environment with everything having a fixed and static value.

Bitcoin right now has too much volatility, and the USD degrades its purchasing power via inflation.

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average_bitcoiner 1y ago

not malt fixed or static things in nature. entrophy is persistent.

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semisol 1y ago

the production cost of things changes, for example, yeah.

but assuming that none of that changes and only looking at the currency helps