Great post. Although I am a big believer in Bitcoin I agree with you on its volatility disqualifiying it as value storage. To us lucky ones. For us in the developed world where we have tons of choices, picking Bitcoin as store of value would be ill adviced. But what if you do not have access to metals or other currencies? For Venezuelans Bitcoin then becomes an absolutely great alternative as store of value. Arguably the best.
RE: Understanding Stacker Psychology and Culture
You are viewing a single comment's thread from:
Understanding Stacker Psychology and Culture
Well, absolutely anything would be a better store of value than the Venezuelan Bolivar has been of late.
I would expect that Silver could still be accessible in the developing world, or I'd even consider Stacking Copper because I think it is semi-precious too and much more affordable and accessible.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit