Yes I guess most people hold it like stocks and speculate on it. However I feel Bitcoin is turning into a real store of value but most alt coins are in a speculative Bubble. I believe only in Bitcoin and Steem for now. They don't make you 10x gains but you can sleep peacefully at night knowing they won't fall by 10x the next day you wake up
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Yeah i completely think bitcoin is being used as a store of value, but avoiding capital controls are a bit different. It is happening a bit but I think not yet on a mass scale. I definitely see it working on a mass scale in the future.
"Avoiding capital controls" sounds like exactly where the regulators are going to lay down their nails and rails. Dumb-ass rich folks may very well screw this whole thing up for everyone.
Too volatile to be considered store of value. Secondly, many people see only solid = material; using something so 'imaginary' might be a huge limit.