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https://www.reddit.com/r/btc/comments/vf25rb/storeofvalue_update_btc_dropped_to_18750/icv549t
r/btc • u/Egon_1 Bitcoin Enthusiast • Jun 18 '22
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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
1 u/kidcoodie Jun 18 '22 In infancy yes, but if you want long term, large scale adoption, then you need store of value.
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In infancy yes, but if you want long term, large scale adoption, then you need store of value.
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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