And Bitcoin strikes me as at least as reasonable a choice as gold or stocks in tech companies for 'storing value'.
Posted Using LeoFinance Beta
And Bitcoin strikes me as at least as reasonable a choice as gold or stocks in tech companies for 'storing value'.
Posted Using LeoFinance Beta
Stocks in tech companies are really not stores of value rather than investments. Gold is relatively stable and is thus a store of value. A lump of gold does nothing except look pretty and is scarce/expensive to mine. Bitcoin is superior to gold in that it is vastly more transferable. Storing it is as easy as memorizing a 12-word seed phrase. Learn a string of words and you can smuggle billions of dollars across any border or past any security controls. That alone is worth a lot.