A store of value allows you to get the value back out: if I spend a bunch of money and effort mining iron ore, or growing wheat, or building a house, I have the ore or wheat or house which has intrinsic value. Maybe now I don't need to grow as much wheat next year.
Bitcoins take value to create, and creating it consumes that energy / compute, but all you get out of it is a receipt that proves you spent the resources. You can't use the bitcoin for anything; you can only sell it to someone else who thinks it's a store of value.
Bitcoins take value to create, and creating it consumes that energy / compute, but all you get out of it is a receipt that proves you spent the resources. You can't use the bitcoin for anything; you can only sell it to someone else who thinks it's a store of value.