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by anonymouz 2929 days ago
Bitcoin has crazy volatility compared to gold and even USD. Sure, you can use it for speculation, but no one in their right mind uses Bitcoin as a store of value.

People just hope that someone else will use it as a sure if value, so that the price rises and they get rich off it. Ie, speculation.

1 comments

To the person saying they've stored Bitcoin value for 8 years: on a grand scale, you are an exception.

Many people who started using Bitcoin last year lost a lot of their value.