BTC is literally a bad "store of value" and I can prove it!
BTC is literally a bad "store of value" and I can prove it!
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I've got a Python3 script that I'm sharing on Atlantis in #general channel
Would love for you to elaborate - I'm no fan of SegWitCoin, zero on-chain velocity, or stifling scaling deliberately to promote "number go up, digital gold" memes.
But I do think that BTC can succeed in its its SoV proposition, albeit a contrived one.
it's not going to succeed in its SoV proposition because it literally isn't and doesn't. And beyond that, it doesn't have the capacity to grow further. It maxes out transaction rate under light load.
https://www.yours.org/content/looking-objectively-at-btc-s-store-of-value-proposition-c31198ac98f6
I made an article on Yours.org. The results data is on the free side of the paywall. I guess it is a good Store-of-Value for some entry point prices.