Bitcoin News Today: Bitcoin’s Store of Value Status Questioned Amid Volatility and Competition

WhalePanda, a prominent figure in the cryptocurrency space, recently voiced skepticism about Bitcoin’s role as a store of value, challenging the prevailing narrative among many in the crypto community. In a series of tweets, WhalePanda argued that Bitcoin’s performance as an asset has not outpaced that of traditional alternatives such as gold and large-cap stocks. He highlighted Bitcoin’s eight-year price appreciation of 500% as modest compared to gains seen in equities like Nvidia and AMD, which surged more than tenfold in the same period [1]. This perspective contrasts with advocates like Michael Saylor, who has likened Bitcoin to gold but claims it is superior due to its digital and easily transferable nature [1].

Bitcoin's utility as a store of value has gained traction among both individuals and institutions, with some countries and corporations considering the inclusion of Bitcoin in their reserves. WhalePanda, however, questioned whether Bitcoin could realistically maintain its value in the long term. He noted that even if Bitcoin reached $124,000 in August 2025, its performance relative to the euro or the U.S. dollar—when adjusted for inflation—did not reflect a true all-time high. In fact, he pointed out that the peak in December 2024, at $106,000, represented a higher real value [1]. WhalePanda also emphasized that holding an asset that loses a significant portion of its value—such as during the 2018 market crash—would not be prudent for a store of value.

The debate extends beyond Bitcoin’s price performance. Critics argue that Bitcoin’s volatility and low transaction throughput—just five to seven transactions per second—make it impractical for everyday use as a medium of exchange. Despite this, proponents maintain that Bitcoin’s decentralized nature and scarcity make it an ideal store of value. Matthew Kimmell of CoinShares underscored this point, noting that Bitcoin’s limited supply of 20 million units gives it a unique appeal as a digital asset that resists inflation [3]. However, WhalePanda and others maintain that while Bitcoin may serve as an uncensorable medium of exchange, it has not yet demonstrated the stability required to function as a reliable store of value.

The discussion has also raised broader questions about the role of Bitcoin in the global financial system. While it is currently the sixth-largest asset by market capitalization, it lacks the stability and widespread adoption required to replace traditional reserves like gold or the U.S. dollar. Although some governments and corporations have begun to treat Bitcoin as a reserve asset, the cryptocurrency’s concentration of ownership and regulatory uncertainties remain significant challenges to its acceptance on a larger scale [4].

Ultimately, the debate over Bitcoin’s viability as a store of value underscores the evolving nature of digital assets and their integration into traditional financial systems. While Bitcoin continues to attract both institutional and retail investors, its role in the future of global finance remains uncertain. For now, the consensus appears to be that Bitcoin can serve as a high-risk, high-reward investment and a tool for decentralized transactions, but whether it qualifies as a true store of value remains a subject of ongoing discussion among investors and analysts alike [1][3].

Source: [1] Is Bitcoin a good store of value? WhalePanda thinks ... (https://crypto.news/is-bitcoin-a-good-store-of-value/) [2] A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program (https://investor.maersk.com/news-releases/news-release-details/ap-moller-maersk-transactions-connection-share-buy-back-8) [3] CoinShares Discusses the Value of Bitcoin Investing (https://www.etftrends.com/coinshares-channel/coinshares-value-bitcoin-investing/) [4] Could Bitcoin ever replace the US dollar as the world's reserve currency? (https://gulfnews.com/your-money/cryptocurrency/could-bitcoin-ever-replace-the-us-dollar-as-the-worlds-reserve-currency-1.500244843)