[mandevil]

BTC seems to be very interest rate dependent- it goes up when rates go down and down when rates go up. That is pretty much the opposite of an "inflation resistant store of value". It's financial behavior over the last ten years isn't that of a "inflation resistant store of value" its that of a "speculative, very risky investment."

Ideologically, to a certain type of person, it should be inflation resistant. The math says so! But the markets have judged it to not be so. So who are you going to trust? Your ideology or the market?

[bottlepalm]

What are you talking about, over the last 10 years Bitcoin has gone up in value substantially, while the Dollar has lost substantial value.

Interest rates affect all asset classes as obviously people are going to start moving money one way or another when the ROI for the dollar changes.

[fragsworth]

This site is full of people who are in a tech rat race, and the distribution has changed over time. It's now biased largely against crypto, and for reasons that I think are fairly clear:

Most of the users who would have agreed with you already got rich, because they understood the things you understand, and they don't use the site much anymore as a result (they are no longer in the rat race). They've mostly checked out.

So, because the people who remain on this site are those who never bought any, and people like to hear that they were right, the groupthink tends to be unrealistically negative about it.