People are still coping on the newly decided store of value

[Anonymous No.27282286]

Bitcoin is literally gold but better. It is easy to safely store. The supply is scarce. It's easier to send and trade than gold. And it's already been accepted as [the] store of value by millenials and zoomers alike. They claim the reason it's "speculative" is because the price is volatile. But this is what happens when the process of legitimacy unfolds over and extended period of time. A "store of value" is something that is heavily dependent on it's persona, and history. Bitcoin already has over a decade long history preventing new competitors from coming in and competing for this "store of value" against gold. Bitcoin is not a speculative asset nor does it have any competition. It's price is growing slowly (but exponentially) because it's legitimacy takes time. When the whole world finally admits it's literally just a superior store of value to all the alternatives, the price will stabilize. The generations under us will be hoarding this shit.

[Anonymous No.27282750]

>>27282286
Bitcoin does not have competition with other cryptocurrencies, like people claim. Litecoin is silver with a really long history in crypto as well. The rest are all projects that try to be something other than a store of value.

[Anonymous No.27282994]

>>27282286
You have zero idea what you invested in

[Anonymous No.27283172]

>>27282994
where is your god now?

[Anonymous No.27283173]

after all this you think bitcoin is going to be allowed? dollar had enough comp from the yuan. yellen will shoah bitcoin.

[Anonymous No.27283662]

>>27283173
People have been saying the "they're gonna ban it" FUD since inception. Mining power is already far too distributed for bitcoin to ever be banned. Countries all have different incentives for something like bitcoin to exist, and unless we have a globalist government, mining will still take place in illegal countries. Bitcoin can only be stopped if you go after the miners individually. Good luck stopping something like this.

Plus, the government doesn't ban gold, or any other commodity on the "store of value" list from existing. They even backed up their own currencies with a store of value before clown world and hyperinflation kicked in. The government does not care about stores of value or hedges against the dollar. They embrace it, just like how (((they))) are buying up bitcoin (the people's coin) in mass to try and prevent the largest wealth transfer in history.

[Anonymous No.27284133]

>>27282286
Reminder that bitcoin is undervalued by millions per coin if this is true and the next two generations under us legitimize it and accumulate.

[Anonymous No.27284756]

BTC will always be digital gold and pretty much already is legitimized, the fact that people do not comprehend this or require a reason for each one of their thousands of arguments is something i do not understand

[Anonymous No.27285674]

>>27284756
goldbugs will rope