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by cortesoft 2137 days ago
It seems like a really bad candidate for a long term store of value. For one, just look at the price volatility - that is the last thing you want in a value store.

Second, the fact that it’s ONLY use is as a long term store of value is red flag for being a GOOD long term store of value. If there is an adverse economic situation (which is one of the primary times you are going to want to tap into that long term source of value), the price is going to collapse... because everyone will be needing to pull OUT of the store, and no one will be wanting to buy.