Cryptocurrency Positioning - Bitcoin aims to serve as a store of value [1] - Zcash aims to serve as a store of wealth [1] Market Necessity - Both Bitcoin and Zcash are deemed necessary within the cryptocurrency ecosystem [1]

Core Argument - A debate at Binance Blockchain Week in Dubai highlighted differing views on whether Bitcoin or tokenized gold is a better store of value and medium of exchange in the current financial ecosystem [1] Group 1: Bitcoin as a Payment Method - Peter Schiff criticized Bitcoin's utility for payments, claiming that transactions are merely speculative moves as users convert Bitcoin to fiat rather than spending it directly [2] - Changpeng Zhao (CZ) countered that Bitcoin can function effectively for payments through crypto cards, where users can swipe and merchants receive their preferred currency [3] - CZ emphasized that intermediaries simplify the conversion process, providing unique advantages for Bitcoin due to its digital nature and growing adoption [4] Group 2: Speculative Nature of Bitcoin - Schiff argued that Bitcoin's value is determined solely by what the next buyer is willing to pay, contrasting it with traditional assets that generate income [5] - CZ responded by asserting that Bitcoin has established itself as a long-term asset, attracting a diverse range of developers, investors, and institutions, and that speculation is just one aspect of its ecosystem [5]

Multiple high-inflation countries are accelerating the use of crypto assets as an alternative store of value. Chainalysis data shows that from July 2024 to June 2025, Turkey recorded $200 billion in crypto transaction volume (local inflation around 32%), Argentina $93.9 billion (inflation around 31%), Nigeria $92.1 billion (inflation around 16%), Venezuela $44.6 billion (inflation over 170%), and Bolivia $14.8 billion (inflation around 22%). https://t.co/xSblFPz1Xu ...

Network Effects & Valuation - The existing store-of-value network possesses substantial network effects [1] - Newer networks are comparatively small and less significant [1] - These smaller networks may negatively impact the functionality of the larger, valuable store-of-value network [1]

RT Nick Szabo (@NickSzabo4)Bitcoin's functionality as a store of value is not improved by most of these apps, and as the legible content problem illustrates, it is often degraded by their demands for legible-sized data buckets and other demands that degrade Bitcoin's trust minimization, make its operation riskier or otherwise more costly, or prevent it from making improvements that would further minimize trust or otherwise improve its currently superior ability to store value. ...

BlackRock’s digital assets head Robbie Mitchnick said Bitcoin investors aren’t betting on it becoming a global payment network, calling that scenario “out-of-the-money optionality,” while the core thesis remains digital gold and store of value. He added that Bitcoin would need major progress in scaling and Lightning to compete in payments, whereas stablecoins have already seen “huge success” and are expanding from crypto trading and DeFi into retail remittances, corporate cross-border payments, and capital- ...

The @Tether_to idea maze simplified:Tokenize the assets everyone already trusts and wants (USD, gold)Move them from slow legacy ledgers to fast programmable blockchains, andEarn enormous float + rail rents as trillions of $ migrateToken Terminal 📊 (@tokenterminal):🇨🇭⛰️ "A Swiss Gold Vault in your Pocket."@Tether_to has tokenized over $2 billion worth of gold on @ethereum.XAUT serves users that want to access a non-fiat store of value onchain.An asset to follow 👇 https://t.co/DJXf7TpM0S ...

RT Avocado Toast (@avotoast)So recent BTC price action has pretty much killed the digital gold narrative (you can't underperform analog gold) and it's obviously not been a store of value/safe haven asset (the Blackrock/Fink pitch)The performance, correlation to equity downside, and poor sharpe ratio pretty much guarantee it's not making its way into big money portfolios (pension/endowment/private wealth channels) at scale anytime soonPpl argue with me on this last point (but it's a debasement trade!); these ...

🔥 BULLISH: Pension funds are starting to view Bitcoin as a real store of value, citing its scarcity and long-term resilience. https://t.co/y1uFaKVRTQ ...

RT Bitcoin Magazine (@BitcoinMagazine)NEW: 🇦🇪 The Abu Dhabi Investment Council on why they tripled their investment in #Bitcoin:“We view Bitcoin as a store of value similar to gold...we see Bitcoin playing an increasingly important role alongside gold.” 🐂 https://t.co/XdP87kmQ9e ...