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Is bitcoin a store of value or an investment?

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Is bitcoin a store of value or an investment?

I don’t see how it can be both. If it’s just a store of value then wouldn’t investing be a better option? If it’s digital gold as they say wouldn’t you not want very much exposure to it? People don’t even like gold now, but even when they did you were only supposed to have 5% or so in your portfolio.

I do understand that maybe there is still more adoption that will take place so money will still flow into bitcoin pushing the price up, but if it’s just a store of value that has to stop happening at some point right? If its market cap is around 2 trillion currently, bitcoin getting to a millions means it would be 20 trillion. Golds market cap is only 17 trillion. Even if it got to a million that means that’s only 10x. Are there not safer investments out there that can 10x easier? If it’s a store of value wouldn’t it only keep up with inflation over time?

submitted by /u/whatwouldjimbodo
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