Comment by flatline
3 hours ago
It's not a store of value by these metrics. If your primary concern is being able to store assets that cannot be seized or frozen by, say, foreign adversaries, it suddenly becomes much more viable. Occasionally up or down 50% is a lot better than down a guaranteed 100%.
Ironically then foreign adversaries target and hack you via wallet backdoors and such. And because it's such an "unseizable" currency, you don't get it back:)