Sure, the crypto market is still down. No, a year later, Bitcoin still hasn’t recovered from its big blow up and fall. While we’re suffering from such tough times, digital asset fanatics are looking into Bitcoin and its “underlying value proposition,” reports Newsbtc.
To these enthusiasts, Bitcoin isn’t really a form of digital cash. Instead, they see it as a store of value, like gold. That’s not a bad thing, however, rather a more grounded approach to Bitcoin – especially with other assets like Litecoin and Monero to take the place of digital cash.