Is bitcoin a store of value

is bitcoin a store of value

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In many cases, inflation is the decentralization of the network have been involved in criminal in value as supply outweighs.

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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)
Gold is very scarce and therefore has always been a good store of value. Although new gold mines can always be found. Bitcoin, on the other hand, has a maximum. It also demonstrates six key attributes that enable its use in an economy. The definition of value in a currency has changed over centuries from physical attributes to the velocity of its use in an economy. A store of value is an asset, a currency or a commodity that can be trusted to hold its value over time; ideally, it doesn't bear much risk.
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  • is bitcoin a store of value
    account_circle Vudosar
    calendar_month 19.07.2021
    Quite right! It seems to me it is very good idea. Completely with you I will agree.
  • is bitcoin a store of value
    account_circle Akinonos
    calendar_month 20.07.2021
    Just that is necessary. I know, that together we can come to a right answer.
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0.00131737 btc to usd

Because of this unwillingness to accept that digital items can hold value in this way, they remain convinced that Bitcoins are worthless. Gold has arguably been the dominant store of value over the past three thousand years. Even better, you take all your bitcoin with you on a small hardware device or with a password in your head.