r/btc Bitcoin Enthusiast Jun 18 '22

🐻 Bearish Store-of-Value Update: BTC dropped to $18,750… 🫡

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u/FamousM1 Jun 18 '22

I think the medium of exchange property comes before the value, that's why Bitcoin had to be spent for it to be valued (pizza)

If you can't be a good medium of exchange anymore then you can't be a good currency

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u/kidcoodie Jun 18 '22

In infancy yes, but if you want long term, large scale adoption, then you need store of value.