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Topic: What is Bitcoin? Why Bitcoin? A Store of Value Perspective. (Read 189 times)

sr. member
Activity: 1568
Merit: 283
I've seen technical videos of Bitcoin. I have not seen one presented from the Store of Value perspective. So I made one video.

https://youtu.be/wCYpSY0qNsw

Would love to hear your thought.
A lot of experts would say that for Bitcoin to be considered a store of value it will have to be stable and the volatility needs to be low. But, it all depends on how we see it. As for me, I think that if you're looking at Bitcoin for a longer term of investment, then it could possibly be a store of value. Most people that I have seen asking questions on whether Bitcoin is a store of value are always looking at it on a short term, when they know very well that it can go up and down at any given time and you can lose. But, if we should base it on five years to ten years, we would see that the asset can serve that purpose based on how it has been since then.

By the way, you sound like it someone's video but why you sharing some shorten link rather than sharing the direct link of youtube. I just think like it is your video and you are trying to drive visitors from this community; it will be always a good practice to share the content of the article/video whenever you are about to share rather than just sharing only links.
member
Activity: 324
Merit: 17
Bitflate developer
Bitcoin is a digital currency and the value of Bitcoin is technically very good However, bitcoin usually survives depending on demand From a store-of-value perspective, no one has yet appeared to use bitcoin. But if it offers a higher price then it is really very beneficial for those who are interested in bitcoin. Bitcoin is the most expensive currency in the world Although prices are slowly declining Bitcoin as a digital currency will more than double the demand for Bitcoin for the future especially with blockchain technology and peer-to-peer transactions.

Bitcoin is a complicated phenomenon. People have different views. It's difficult to explain Bitcoin to beginners. I find it easy to explain from my own point of view: a Store of Value. I deliberately left out blockchain, digital cash, p2p.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
Bitcoin is a digital currency and the value of Bitcoin is technically very good However, bitcoin usually survives depending on demand From a store-of-value perspective, no one has yet appeared to use bitcoin. But if it offers a higher price then it is really very beneficial for those who are interested in bitcoin. Bitcoin is the most expensive currency in the world Although prices are slowly declining Bitcoin as a digital currency will more than double the demand for Bitcoin for the future especially with blockchain technology and peer-to-peer transactions.
member
Activity: 324
Merit: 17
Bitflate developer
Hi everyone,

I've seen technical videos of Bitcoin. I have not seen one presented from the Store of Value perspective. So I made one video.

https://youtu.be/wCYpSY0qNsw

Would love to hear your thought.
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