Re:Bitcoin sinks below $7000
by dragonwriter on Monday February 05, 2018 @02:09PM
(#16311143)
> Bitcoin is a store of value. 1 BTC will always be worth 1 BTC.
You really want to look at a store of value in terms of other goods and services, not itself. (Major world currencies tend to be stable in value against common goods baskets in the short-term with slow inflation in the longer term, so comparing—especially over a short term—a more volatile store of value to a major currency can also;make sense.)
You really want to look at a store of value in terms of other goods and services, not itself. (Major world currencies tend to be stable in value against common goods baskets in the short-term with slow inflation in the longer term, so comparing—especially over a short term—a more volatile store of value to a major currency can also;make sense.)