> Most people aren't savers and those who are tend to be fairly comfortable with their current savings vehicles. Bitcoin will make inroads here, but I don't think it's the revolutionary thing.

I'd agree here. It seems real-estate is the choice store of value for most middle-class people with any real savings capacity. Those Gen Z with a more open-mind seem compelled by the prospect of choosing the 'right' crypto coins and hopefully reaping huge gains. Maybe these two factions eventually start to converge on bitcoin.

> do you think uncensorable payments in shadow-economies the only relevant solution bitcoin presents now?

More or less. There are places/situation where bitcoin is the only practical means of making transactions. That's a huge solution to a real problem.

The issue with store of value isn't that it's incorrect, it's that it isn't salient enough. Most people aren't savers and those who are tend to be fairly comfortable with their current savings vehicles. Bitcoin will make inroads here, but I don't think it's the revolutionary thing.

Undisciplined

To this second point, do you think uncensorable payments in shadow-economies the only relevant solution bitcoin presents now?

Or does the store of value thesis hold up against the financial engineering of banks and treasury companies?

AskSN

Merry Christmas Stackers -- Do we still have hope in a better future?

billytheked

To this second point, do you think uncensorable payments in shadow-economies the only relevant solution bitcoin presents now? 

Or does the store of value thesis hold up against the financial engineering of banks and treasury companies? 