1 min readSep 19, 2018
Cryptocurrencies are really nice as a mechanism of transaction.
They aren’t and won’t ever be a good store of value.
Thing like money, metal and even various tokens can be a store of value, because they are backed up by a physical entity or are themselves a physical entity with some inherent value.
Storing value (i.e. investing) in Bitcoin is similar to storing value at a roulette table by telling them: Just put 3/4th of all my money on red every 12 hours.