> it will be replaced by something better at its primary function
What is its primary function? I used to think it was supposed to be a currency, but it's failing quite badly at that. But it keeps growing so what's the actual primary function?
What is its primary function? I used to think it was supposed to be a currency, but it's failing quite badly at that. But it keeps growing so what's the actual primary function?
Inflation hedge.
If you look at the amound of USD that has been issued in the last year alone, that's a fairly attractive proposition.
Measuring anything in USD is self-flagellation.
Would you be willing to put your life savings in bitcoin for e.g. 30 years? I wouldn't and I would be surprised if many did.
I was speaking against this specific idea that bitcoin is (long term, stable) store of value.