If Bitcoin is only a store of value, it will head towards failure!

Twitter founder Jack Dorsey recently stated that "if Bitcoin does not serve for daily payments and is only used as a means of storing value, it will ultimately fail." This statement was like a bombshell, causing waves in the crypto community as everyone began to express their opinions.

Supporters of Jack Dorsey's viewpoint believe that the original intention of Bitcoin's creation was to realize a decentralized payment system. If it is merely regarded as an investment tool for storing value and speculating on price, it strays from its essence. Only with widespread application in daily payments can Bitcoin truly fulfill its role, gain broader recognition and usage, and thus have lasting vitality.

However, there are also many opponents who feel that Bitcoin's function as a store of value has been validated by the market. Many investors consider it a safe-haven asset and a tool for preserving and increasing wealth, which is also an important aspect of Bitcoin's value. Moreover, Bitcoin currently faces numerous obstacles in daily payments, such as long transaction confirmation times, high fees, and unclear regulatory policies, making it unlikely to become a mainstream daily payment method in the short term; therefore, it cannot be deemed a failure for this reason.

As a well-known figure in the internet field, Jack Dorsey's views on Bitcoin have always attracted attention. This assertion has prompted the crypto community to re-examine the development direction of Bitcoin. For ordinary investors, the Bitcoin market is complex and ever-changing, and investment decisions should not rely solely on a statement from a prominent figure. When considering investing in Bitcoin or other cryptocurrencies, multiple factors should be taken into account. Besides Bitcoin, there are references like Trump's dog Conan, which can be compared to DOGE and SHIB! It might be worth considering some investments, as there could be a rebound in the second half of the year!