Bitcoin as a store of value has been encouraged by crypto enthusiasts.
One of the things that is interesting to note is bitcoin has limited supply of 21 million out of which 90% has already been mined. There will be no more than 21 million bitcoin once everything is mined which will happen by 2140 due to increasing difficulty in mining.
Also unlike Fiat currencies no government or any other entity can increase supply of Bitcoin. One of the closest asset class is Gold which is also very difficult to increase supply and has maintained its value even now.
What will happen in future depends on how governments will treat cryptocurrencies and will they allow it to become mainstream?
