Ya at least old shiny rocks don't fall 20-30% in price in a week 
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Value as a money is determined by monetary properties. You can claim it “doesn’t have value” all you want, but there’s a reason it is currently trading where it is. Real people give it real value because of its attributes. Scarcity, durability, portability, verifiability, etc.
It's like claiming an insurance policy has to be useful for something more concrete, like mowing your lawn or something, before it can be useful as an insurance policy. Ridiculous argument.
![RadVladdy [#BitcoinIsTheNextBitcoin] ⚡](https://pbs.twimg.com/profile_images/1014024746848083968/cYYOiPxz_normal.jpg)
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Most of the Bitcoin arguments are pretty absurd for the most part
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Its all based on logical deductions and understanding praxeological thinking. If you have any good counter arguments please share, but so far everything you've said has just been based on a lack of understanding. I'm telling you, go deeper and you might be surprised what you find
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Still have no answer to why Bitcoin is a store of value, why Bitcoin is better than other crypto when it is already obsolete, why it's not a medium of exchange yet you guys call it money, why high transaction fees are good when there are cheaper alternatives and so many more
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Bitcoin isn’t money, yet. It’s digital scarcity, in the form of entries in an immutable and honest ledger that is being monetized. The market is still trying to find its value via a process of real-time price discovery. We’re not in even in the stable SoV of value phase yet!
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Bitcoin will never be money. If it was, it would've happened already
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Know a lot of open-source projects that turned from a white paper into $200B market cap in 10 years? Patience is a virtue.
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No but every massive bubble is just the same
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Each cycle’s bottom grow bigger every time, widening the amount of holders not selling their bitcoins. Each top incentives some HODLers to sell, further broadening distribution. Speculation and greed are efficient mechanisms to monetize bitcoin into a store of value asset.
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