It’s a store of value but not a good one. Nothing holds its value better than bitcoin
And we are not even talking about confiscation or nationalization resistance. If you hold your own private keys, Not one person in this earth can take it from you. Not even the most powerful person can
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Yes, of course, I think people use gold here only when they have too much money and they don’t know what to do with it. Just an small percentage of our population. But media here only talk about “crypto” or bitcoin when it’s related to a crime or a scam.