Replying to Avatar S!ayer

USD maintains its store of value by the interest rate (they just print or burn)

But it's purchasing power, well that's the real thing.

Bitcoin isn't a store of value, if you "stored your value" at 124k, where are you now?

So it's not. It's just a currency, priced at a whatever it's demand for that currency is. Similarly, less central banks hold dollars because the demand for dollars has declined.

You can say Bitcoin's purchasing power increases over time, that's a better understanding than calling it a store of value.

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Consciousness Incarnate 3mo ago

Bitcoin's purchasing power increasing over time is the very action of storing value.

https://media4.giphy.com/media/vAVe3gavrBP4k/200w.webp

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S!ayer 3mo ago

No bro

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S!ayer 3mo ago

Just a FX exchange hahahahaha

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