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by zechs 2721 days ago
Isn't that a big shift to expect given gold's track record as a store of value going back to almost the beginning of recorded history?
1 comments

It is a big shift and I could be wrong. However, horses are also something we used for transportation going back to the beginning of recorded history... (lots of other examples too).

Crypto has a lot of aspects that make for a superior store of value (easy to move, seizure and censorship proof etc). Obviously, also has some drawbacks too like difficulty to custody...

I feel like the recent 51% attack against Etherium shows that seizure and censorship proof isn't strictly true.
Note that there was a 51% attack against ETC which is not Ethereum (ETH). ETC already had very little usage and was known to be insecure before the attack.
Probably less than 0.001% of the population considers ETC to be the "real Ethereum"
That may be the case but don't pretty much all coins have this potential issue?