BTC is not exactly a store of value in the strictest sense, but its long run value is expected to converge to one reflecting its scarce nature, assuming sufficient demand.It is a reasonable bet to make that BTC has a place in the future, given current sentiments towards it, validating its supply scarcity-linked value.While many other cryptocurrencies exist, BTC will likely emerge a winner in the future due to a variety of factors.Overall, uncertainty around downside risk means that in spite of an upside potential, investors should be prudent in its allocation in their portfolio.
