https://news.bitcoin.com/putting-an-end-to-the-bitcoin-store-of-value-fallacy/
I read this article the other day and it really set me off. All the technical reasons about why Bitcoin technically isn't a store of value. No, it's not a store of value.
Bitcoin is better than a store of value. It's called Gold 2.0 because you can hold it and it actually improves itself for free.
When you think about it, all inflation on the Bitcoin network is allocated to the miners. 100% of inflation is used to secure the network, so what about all the fundamental development being done on Bitcoin every single day worldwide? Those gains are all pro bono.
Imagine if you had a chunk of 12 karat gold that was slowly upgrading itself into 24 karat gold. Unlike gold, in the case of Bitcoin, there is no cap on how much value can be generated. Buy Bitcoin today and hold it for ten years, because the Bitcoin of the next decade is a thousand times better than the Bitcoin of today. The market will prove it.
I've never been bullish on Bitcoin,
but here I am, being bullish.
It's a little odd.
