As such, it is probably more accurate to refer to bitcoin as an aspirational store of value. Yes, a borderless, permissionless, uncensorable, sound monetary system-of-value transfer with a predictable monetary policy is theoretically a great store of value, but until that narrative penetrates more than 100 million people, the other 7.8 billion people won’t view that system as a store of value, and that narrative will prevail. For now.
Source: https://www.coindesk.com/markets/2022/04/17/is-bitcoin-a-risk-on-or-a-risk-off-asset-maybe-its-neither/?utm_medium=referral&utm_source=rss&utm_campaign=headlines