For thousands of years, gold has been one of
the safest stores of value.
The bond investment that was supposed to be
a safe store of value gets cut by nearly 25 % if interest rates only just return to normal in 5 years!
There is
no safe store of value.»
Some point to the drop as a sign that investor perception of bitcoin is drawing closer to gold as
a safe store of value.»
Although Q4 volatility was not necessarily a year high for bitcoin, looking at the swings from quarter to quarter provides a decent counter argument to analysts and firms that see bitcoin approaching the status of an off - risk asset and
safe store of value.
Although they are widely regarded as
a safe store of value, fiat currencies have their own inherent risks.