Author Topic: Medium of Exchange vs Store of Value: Where is Bitcoin today?  (Read 2 times)

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Medium of Exchange vs Store of Value: Where is Bitcoin today?
« on: December 06, 2018, 09:12:59 PM »
As a student of bitcoin and blockchain, I have learnt that the deployment of bitcoin as money was its flagship usage as proposed and implemented by Satoshi Nakamoto. I also do know that it has remained the most popular application of bitcoin in the industry today. But the question is, how well has bitcoin performed in its role as money, especially, as a medium of exchange, and as a store of value? I think bitcoin has not done well as a store of value and its usage as a medium of exchange is still yet to gain popularity among merchants and shoppers. What do you think?