Another topic about Bitcoin and inflation: show me if I'm wrong

[Fivestar4everMVP]

Whereas a store of value must be able to maintain its purchasing power over time. Where is the purchasing power protection for people who invested all their savings when the price was 60k, 50k, 40k, 30k?

To be honest, in terms of bitcoin being considered a store of value, I think Bitcoin has really performed well when you consider or evaluate it from its inception till date, focusing mainly on those who bought bitcoin at the rate of 60k, 50k, 40k and 30k is not really the right way to calculate this, I will explain this to you.
What does STORE of VALUE mean?, it means to keep something, it means to hold something for unmentioned period of time for that thing will surely gain value, this explanation is quite different from how Google defined store of value, but I guess it doesn't really matter, bitcoin is a new and totally different kind of a store of value asset, you don't invest and expect to be in profit immediately or the value of your investment to remain the same since price of cryptocurrencies are highly volatile,.
When you compare what 1 bitcoin can buy you five years ago and right now, and also compare what 1 usd can buy for you five years ago and right now, I guess you will truly understand what bitcoin is indeed a store of value.

[lizarder]

If you disagree, explain your point of view

No one seems to have the authority to approve or not. Because bitcoin can be debated in general, but not on substantive issues (decentralization) and I also don't really like people who are anti-debate or discussion.

It is much more used as a financial asset than as an alternative currency.

Due to accelerated growth, more people are using them as financial assets, rather than contracts to be settled using equity instruments and entities, even if there are fluctuations in the short term. But actually, bitcoin is a great asset in the long run.

While alternative currencies are more dominantly used in purchases, although they still look unusual like fiat currencies, in the country of El Salvador itself there are still many people who have not fully used bitcoin as an alternative purchase, perhaps because trust and awareness have not fully grown in people's lives there.

Even in El Salvador, where it is rarely used, it is a bit of a failure, speaking about adoption.

There are several reasons why this happened, for example El Salvador's financial condition was not very good before the implementation of Bitcoin which in a decrease in the selling value, but if bitcoin is in good selling condition (sale value), then El Salvador will greatly benefited from the adoption of bitcoin.
Unsuccessful adoption will never happen, as some say.
A little failure may be more appropriate, rather than saying a complete failure like the news released by the left media.

If a market attracts investors, it becomes volatile, while if the market attract people with a real need, it won't be the same. Yes, still volatile but a lot lot less.

For speculative matters I agree, but not in the context of investors as an excuse
volatilitas.
If we look more specifically, speculative is the impetus for crypto to continue to run and develop, as it refers to actions that risk losing value and significant returns on the main value, this can be said as the law of supply in investment. (My opinion)

Did Bitcoin survive? Not really. In fact, you may notice that the market is increasingly correlated to traditional finance (the result of considering Bitcoin as an investment instrument).

Of course bitcoin can not stay at the price as it used to be and now, it could be volatile in a short time.
For example, speaking of investment instruments in gold which are included in the traditional category, is gold able to survive?
The answer is also no, but they are more likely to rise in small and stable values, but do not provide a large return on investment.

Example :
my parents used to use gold as an alternative to save assets (investments), but ten years later they are not getting big profits from gold, even though the buying and selling prices are high today.
It is true that gold has had a good history in the past, but speaking of investments, it has also not yielded huge returns.
In contrast to bitcoin, when you, I and they take part in the investment at the right time, bitcoin is able to provide maximum returns in a ten year period like the gold example I mentioned. I have proven the benefits of investing in Bitcoin, this is as proof of reinforcement ?

https://bitcointalk.org/index.php?topic=5411364.msg60830040#msg60830040

(Bitcoin Changes Lives, Touches Non-Formal Education for Underprivileged Children)

Whereas a store of value must be able to maintain its purchasing power over time

For this problem, the example of gold is very suitable, because it is able to maintain purchasing power over time

[Anonylz]

There seem to be a general confusion what btc was created for, was it as an alternative payment,  store of value or speculative asset among some btc users.
Right now the majority are for speculative asset, it is more about the price and what profit to be made than actual utility or ways to make payments with it.

And frankly speaking, even the so called btc pioneers are not helping matters in this regard. They as early adopters had the opportunity to hold huge sum of btc and what are they doing with it! Speculating the market and profiting out of it rather than promoting btc adoption and acceptance as a means of payment.  I doubt anyone of them making any sort of payment using btc to encourage all the latter supporters.

They are not representing btc well as pioneers or showcasing a good example for others to follow, there are several ways they can create utility for btc instead of filling their wallet with thousands of it and just holding for long term because eventually those bags will get liquidated and they will walk with their fiat profit.

[Findingnemo]

Bitcoin is entirely new unlike other currencies so there is no one can control the value at any situation, it will adjust to its demand and supply on it own. We don't know the value of gold was much stable as of now before centuries but in the recent days its steady and constantly growing whereas bitcoin may also reach such state if its in the use for few centuries.

Inflation is slow poison, which actually kills the value of our money but government say lot of reasons for this to exist but as an individual anyone agree with their currency to lose its value slowly and not completely transparent way.

[aylabadia05]

Over time, the presence of Bitcoin has also become a much better solution for storing value in my opinion, although until now I have never held it with my own hands like gold.

You'd never hold bitcoin in your hands, it is digital, it can only be used over the internet.

You are incorrect right there, bitcoin is not a better solution to gold when it comes to storing value, gold does it better than bitcoin, have you taken a look at bitcoin's history and how fast price can rise and fall, gold holds its value for very long, bitcoin does not. One area bitcoin is much better than gold is in long term profits, that is why it is called a speculative asset.

The picture above gives me an answer to your statement, my friend.

Before electricity was present in the world, candles might be the best solution as a room lighting tool at night. The presence of electricity makes humans innovate to make good use of it. One of the innovations created by humans from electricity is creating lights. With lights, not only the room can be bright but the whole corner of the city can look beautiful at night.

I will not dismiss the view of gold and you also do not misunderstand what I mean. I think Bitcoin is much better than gold for the future. Gold can destroy the earth. Humans are almost incessantly doing gold mining on the earth we live in. The birth of Bitcoin could save the earth. Bitcoin invites humans to mine without destroying the earth.

Nice to discuss with you