Bitcoin as store of value

bitcoin as store of value

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Is Bitcoin A Bad Store Of Value?
A finished product. Bitcoin can be a store of values because it's a finished product, whereas the base layer for Ethereum is a work in progress. This article dives into the characteristics that could make Bitcoin a potential store of value and compares it to traditional assets like gold. Bitcoin as a store of value - �Digital Gold�. Bitcoin is considered by many as 'digital gold', offering the benefits of both a digital currency and the precious.
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  • bitcoin as store of value
    account_circle Mazubei
    calendar_month 11.06.2022
    It is rather valuable answer
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Table of Contents Expand. Key Takeaways Bitcoin has value because it can function as a store of value and a unit of exchange. An increase in the supply of USD above what economic growth can absorb will � all other things being equal � decrease its value relative to other assets, and following basic math, if the value of the denominator drops, that of the ratio increases. Bitcoin is the only asset traded on liquid exchanges for which the price has no influence whatsoever on the supply.

bitcoin as store of value

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