Well one thing I can say is that scarcity does not increase the value of something and the energy spent to mine bitcoins is not coming back.
The thing that gives gold and bitcoin value is the willingness of others to accept it.
I’m not an expert and the questions get complicated because also USD dollars have value because others accept it. So to answer your question: I don’t know.
I just can say that a store of value by definition has to keep its value in any circumstance. Gold does that whereas bitcoin can do -20% + 20% in a day.
Well one thing I can say is that scarcity does not increase the value of something and the energy spent to mine bitcoins is not coming back.
The thing that gives gold and bitcoin value is the willingness of others to accept it.
I’m not an expert and the questions get complicated because also USD dollars have value because others accept it. So to answer your question: I don’t know.
I just can say that a store of value by definition has to keep its value in any circumstance. Gold does that whereas bitcoin can do -20% + 20% in a day.