RE: Inflation: Bitcoin Is About To Get Its First Real Test

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Inflation: Bitcoin Is About To Get Its First Real Test

in bitcoin •  7 years ago  (edited)

Nice post. I dont see bitcoin as a store of value. It is a valued commodity as for now. Crypto will go side by side with fiat money in near future.

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Yea given the volatility, I feel it's still too early for it to be a safe haven. It's still at the speculation and price discovery stage. Only once it becomes mainstream will it become a safe haven. And it probably won't become mainstream until blockchain consumer applications like Steem receive widespread consumer adoption.