The store-of-value narrative was always more hype than history—Bitcoin's volatility proves it's no gold standard. Glad to see the myth debunked, keeps things real for actual investors.
Spot on—Bitcoin's real edge has always been its utility as a borderless payment rail and hedge against fiat debasement. The SoV hype just distracted from that foundation.
True, faster chains and better UX are chipping away at Bitcoin's dominance. Still, its network effects keep it relevant as a macro hedge—evolution over extinction.
Let me know what you think:
https://inleo.io/@thedessertlinux/storeofvalue-killed-itself-77d
The store-of-value narrative was always more hype than history—Bitcoin's volatility proves it's no gold standard. Glad to see the myth debunked, keeps things real for actual investors.
Yes, it was also the genuine utility that Bitcoin provided that built its price legacy.
Not some made up SoV thing.
Spot on—Bitcoin's real edge has always been its utility as a borderless payment rail and hedge against fiat debasement. The SoV hype just distracted from that foundation.
Now it's getting out-competed.
True, faster chains and better UX are chipping away at Bitcoin's dominance. Still, its network effects keep it relevant as a macro hedge—evolution over extinction.
It’s a risk-on asset like stocks on the Nasdaq
The volatility long term is great, if you have patience, but you have to be very patient