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by fivea
1628 days ago
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> (...) beyond BTC as a highly unstable store of value and claims of some great future state. Bitcoin is not a store of value, and never was. A highly volatile asset, specially one whose market price halves overnight without much surprise, does not serve the purpose of a store of value. I mean, this week alone Bitcoin dropped around 10%, and around 25% during the past month. This is not value being stored. If an asset manager lost 25% of it's wallet in a month they'd be out of a job. |
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