Damus
Bitcoin Well profile picture
Bitcoin Well
@bitcoinwell
Genuine question for anyone who still thinks Bitcoin is "too volatile" to be a store of value: What's your alternative?

A currency losing 3-5% purchasing power per year by design?

Bonds that don't beat inflation?

Real estate you need permission to sell?

Volatile compared to what?
81❤️12:zap:1
The BTC Philanthropist · 6w
Silver about a week ago had a 10% drop in few hours - stock market is a retirement ponzi scheme that could get very volatile without fed to backstop (think japan carry trade unraveling) Everything is volatile in fiat - shitty way to measure things Does BTC well support lightning withdrawals?
Oskar · 6w
Global index fund is the best alternative in my opinion, but wouldnt store anything in it that I am not willing to lose
volition · 6w
Diversify from only BTC to include BCH, Gold, chosen shares dependent on your risk profile.
Moist · 6w
permission to sell real estate? where do you live?
KryptoMarto · 6w
True. When you see volatility of the old USD back before 1915, it is like Himalayas.
BushRat · 6w
The problem isn't volatility. The problem is that pedophiles were given the keys and put in charge of maintaining the code. As long as pedophiles control Bitcoin it's not a good store of value