No. of Recommendations: 18
"Certainly, animal spirits contribute a great deal to the buying in any asset rising rapidly in price, but anyone even vaguely familiar with cryptoworld knows there are numerous, not necessarily irrational, cases for a store of value with a finite supply in the context of unprecedented levels of debt associated with fiat currencies."
I think it is very irrational to call something a "store of value" when it has multiple 25%+ moves in either direction every couple of months. That is literally the complete opposite of a store of value.
