Quote:
Originally Posted by jscott
How is Bitcoin a poor SoV? have you never seen a BTC historical graph? 
Also, compare it to another SoV like gold |
As an investment sure, but "store of value" means something different.
A key property of a "store of value" is that it is stable. Historically, yes, it is an extremely good investment if you got in earlier. If you got in recently not so much.
Another way to think of it is this way. If you were to owe someone 'x' number of BTC from a commitment you made several years back, would you still be happy about it. If you had to do payouts and you did it twice per month, and BTC went up 20% since then, now you have to pay out 20% more as well. Poor store of value.