If bitcoin isn't a currency, but a "store of value", what is the "value" being "stored"?

How can you explain without accidentally making it sound like a Ponzi scheme?

media attention

>>60653551 (OP)
Nowhere. The reason Bitcoin is above 20k right now is because of a favorable legal climate. Should this change, it will go right back to 2017 levels.

>>60653551 (OP)
It's not a ponzi scheme it's a "greater fool" bubble

>>60653551 (OP)
how is it a store of value of the number keeps going up and up? i could have thrown 10$ on it which is worth very little value in the 3D world, and now it is worth over a million, which you are only supposed to make if you provide so much value. so no, if anything, it is an amplifier of value.

>>60653560
close. enthusiasm

>>60653551 (OP)
Denial. Next question.

>>60653551 (OP)
>What value is being stored
Labor

>>60653560
>>60653915
Don't listen to these faggots. BTC went from 15k to 123k and nothing else moved. You missed the cycle just admit it.

Bitcoin being a store of value is an invention in the minds of the buyers. The real purpose of bitcoin is conspiracy new world order. Gold being a store of value is also an invention. Invented pockets for gold coins. How is a nigga going to have gold coins without having pockets? If the gold was in the ground and we were in a barter economy and nobody had shovels or I don't know gold pans, none of that. Then buying gold wouldn't exist. The planet was not born with Gold being a store of value on day 1. What the fuck did the inventor say, did he say bitcoin is a store of value for fucks sake?

>>60653929
only applies to currencies

>>60653551 (OP)
>If bitcoin isn't a currency
it's a currency
>store of value
you can't store value
>Ponzi scheme
ponzi scheme has yield

>>60653838
>bubble
the only bubble is the M2