May 14, 2021
I agree with you Tom. Bitcoin’s actual application as a currency is pretty limited because its blockchain can’t even process a lot of transactions every day.
It needs a lot of help in various ways for it to be a commonly used currency.
However, I do think it’s probably one of the best stores of value in the world — if not the best store of value given there’s a hard cap on the amount of Bitcoins that will ever be created.
There’s definitely risks, but yeah, I see it as more of a store of value right now.