I think he’s just describing the “commodity” from a tradfi perspective up until this point. It hasn’t proven itself as a store of value on a wide scale yet. I mean its “store” is only as good as one’s ability to safeguard that store. Protecting against debasement is a necessary first step to solving debasement I think. Can you really win over tradfi normies, who worship Warren Buffet, without a decades old track record?