Sounds like TSLA and many other publicly traded companies are bad stores of value according to that argument. Many people with stock exposure in their retirement portfolio would disagree.
If you intend to have a serious and honest discussion on crypto then the very least you should do is go acknowledge the frequent crashes that result in halving their market value. For instance, BTC still hasn't recovered from the latest crash a few months ago, when it tanked to half it's value almost overnight.
Otherwise, these nin-sequiturs don't lead anywhere.
Bad take, you obviously haven't seen the price chart in a while. BTC had new all time highs just a few days ago.
Tesla has halved and recovered multiple times as well. Feel free to put forth a better argument, this one is weak.
Bitcoin fixes this.
This comparison is not valid at all because, unlike any crypto like BTC, the value of Bellagio chips is specified by a central authority (Bellagio itself) which guarantees the exchange between chips and cash with a fixed and very stable exchange rate.
With crypto like BTC, not only their value fluctuates wildly and thus fail as a store of value but also the only option you have to exchange them for fiat currency is to sell them to other customers in an open market.
The best comparison with BTC is indeed tulips during the Dutch tulip craze: they have no intrinsic market value, their market was highly speculative, and demand was driven by mass hysteria.