[_9omd]

But it’s still a store of value. No store of value is perfect, USD will lose value over time to inflation, stock indices are subject to volatility, gold is subject to theft and volatility, other foreign currencies are subject to government corruption and hyper inflation, fine art is subject to fraud and damage, etc.

So as a store of value Bitcoin actually has a good track record and is trending towards lower volatility as adoption grows.

People really need to stop thinking in absolute terms regarding value storage. It’s analogous to energy storage. Batteries leak energy over time, but we don’t sit around yelling about how they are not stores of energy.