We are all aware that this topic is very delicate because there are many points of view to see it, however, I am going to bring realism and current data that agree with my analysis, I am not a Bitcoin maximist but I do have possession of it and in view of having more.
Returning to the topic, BTC(Bitcoin) is a consensual network that allows a new payment system and a completely digital currency. Now, can it be considered a safe haven asset? My answer is absolutely yes, but not now, to begin with the crypto market is dominated by futures leverage, that is, there are hardly any people who have
spot. This brings us to an asset that has enormous volatility, which is the first reason why it cannot be considered a store of value.
An asset that has fallen more than 77% in one year is not at all a reserve of value, so why did I say that I do consider it one? Simply put, I consider it a reserve of value for years to come, with the market maturing adequate and significant adoption BTC will become the new gold, I am a believer in this not because of anything, but because of fundamentals and analysis. Right now BTC is managed by speculation and speculative demand, however, that does not mean that it has no value, on the contrary, it has the value that speculators give it, otherwise there would be no Bitcoins.
When comparing it with gold, it is evident who is performing better so far this year, and it is clear where investors are taking refuge. Let's talk about BTC as a store of value in years with the model of @davthewave, the creator of Bitcoin LGC.
This model consists of a representation of the maturation of the market with respect to BTC, reaching the point where volatility decreases little by little until the asset is a store of value, just like gold, and this will statistically happen late. or early. So that's my answer to this very simple conjecture.
