Re:Ask HN: Is anyone else glad the crypto market is crashing?
by mcguire on Thursday May 12, 2022 @03:07PM
(#31358793)
I can't count how many times people have explained here that Bitcoin is a "store of value". A store of value that can be down 40% YTD is...problematic. I mean, I guess the value is still there....
[ Parent
| on HN ]
Re:Ask HN: Is anyone else glad the crypto market is crashing?
by timtas on Tuesday May 17, 2022 @12:28PM
(#31413027)
Most people using bitcoin as a store of value are willing to accept volatility, given that we know for certain that fiat is a store with built-in leaks — leaks that we can all see are getting bigger and there's good reason to believe will become a sieve.