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by WoodenChair
563 days ago
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> The “store of value” functionality has completely eclipsed the practical use that Bitcoin maxis were preaching back then. Right, but that use case could be enough to see the price continue to increase. Gold is also generally used as a store of value. The average person hasn't been going into a store using gold to buy things in the US in more than 100 years. But gold's market cap (~ $17T) is still greater than Bitcoin (~$2T). So, if Bitcoin is a better store of value than gold (debatable), then the price still has plenty of room to grow. |
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