Bitcoin Will Never Be a Store of Value. Here’s Why

Bitcoiners claim that BTC is a store of value, but it doesn’t meet the requirements, according to one fund manager. Source: Shutterstock As the resident bitcoin skeptic at CCN.com, it’s my job to make logical and reasoned arguments against holding bitcoin. Today I argue that bitcoin is not a store of value as some claim, and never will be. It’s not even a hedge. “Store of Value” Does Not Mean What You Think It Means The concept of a “store of value” means that a given object can be exchanged…

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