hn • r/hackernews
Comment on: Exodus Bitcoin Wallet: $490k swindle
It doesn't matter that a store of value is engineered to go up in price forever if it's infinitely divisible.For a store of value it doesn't matter how much you own in absolute terms, it matters how well the amount you bought holds it's value relative to things you might want to buy.Think of Amazon shares. When looking to invest today, I don't care that some people bought shares at $0.25 (I'd argue they deserved to), I care about what the price is now relative to what it's likely to be when I sell - the actual number of shares I buy is irrelevant.Bitcoin's price goes up for two reasons - becau