Bitcoin vs USD For Storing Value Purposes
Individuals work hard to earn their currency. Their currency earned can be fiat currencies such as Venezuelan bolivars, United States dollars, Argentine pesos, euros, or even bitcoin. Regardless of the currency, people expect it to have one core function, the preservation of value. They expect money to serve as a medium of exchange, as a unit of account and as a store of value. Market participants in an economy want to know that they will be able to have purchasing power and the ability to use their hard-earned currency to make effective decisions. They don’t want to experience significant fluctuations…
