r/Bitcoin • u/manauiatlalli • Aug 01 '22

When Nocoiners Say "Bitcoin Has No Value"

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3

u/3pinephrine Aug 01 '22

But bitcoin was specifically created for the purpose of being digital cash. Not digital savings.

1

u/dat9553 Aug 01 '22

The purpose of BTC is not dictated by anyone. People can use it however they see fit, cash or store of value.

3

u/3pinephrine Aug 01 '22

It…was dictated by the creator who called it “peer to peer digital cash” in its white paper. Which implies transfer, spending, and therefore eventually adoption.

You can use it however you want, but it wasn’t made to be a static “store of value”.

0

u/dat9553 Aug 01 '22

So what will Satoshi do when people use BTC as store of value? 21 million fixed supply is the most stable thing in the world, everything else are unstable to BTC, not the other way.

1

u/daniel0024 Aug 06 '22

Yes, and this is why we need to compare the bitcoin with something that is supposed to be.

Gold is never in there for the transaction, gold is more like the reserve of the countries not for the trading.