‘Bitcoin Will Replace Gold’ as a Store of Value by 2040, Says Block.one CEO

Gold, bitcoin, Ty Beanie Babies – what do these commodities all have in common? They are all a store of value in some way. Some Ty toys are worth more than half a million dollars in the proper sets. Bitcoin is worth thousands of dollars per coin and has been worth nearly $ 20,000 per coin. Gold has both industrial and speculative uses. Gold or BTC, which is the better store of value? The question with gold and bitcoin is, which will be the largest store of value in the coming decades. Brendan Blumer from Block.one is among the many with

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Bitcoin Is Not A Great Store of Value: Yale Professor

Yale Insights interviewed Professor William N. Goetzmann, a teacher of Finance and Management Studies, about the advent of cryptocurrency. The discussion centered around the purpose and value of money. The article says, in part: Bitcoin’s volatility underscores the challenge of establishing the trust needed for a widely useful currency, but the proliferation of cryptocurrencies also shows that traditional, government-backed currencies don’t address everyone’s needs. Goetzmann says as part of a Q&A that Bitcoin isn’t the best store of value because its value is ever-changing. Depending on who you ask, Bitcoin’s volatility is its greatest asset or its worst enemy. Still,

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I’m a permabull: more Bitcoin/bits/satoshis is better. So price down is always buying time in my book. I think the fundamental value is both: internet native, censorship resistant bearer money and digital gold. Much more adoption and usage potential ahead. Hodling for long-term.

I'm a permabull: more Bitcoin/bits/satoshis is better. So price down is always buying time in my book. I think the fundamental value is both: internet native, censorship resistant bearer money and digital gold. Much more adoption and usage potential ahead. Hodling for long-term. submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

Texas Crypto Fund Unveils Two New Ways to Value Bitcoin

In a paper published this week, Tuur Demeester’s US crypto fund, Adamant Capital, suggests two new ways of determining the relative market value of Bitcoin. One measures investor sentiment; it’s called Relative Unrealized Profit/Loss Ratio. HODLer Position Change (HPC) is perhaps more interesting. Adamant finds HPC by measuring blockchain “liveliness.” They explain the concept as such: “A blockchain where all the coins move within a single block has at that moment a Liveliness of 100%. A blockchain of two years old with no new block rewards, and where exactly one year ago all coins moved within a single block and

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