This article uses the phrase "store of value" 11 times to describe Bitcoin. How is an asset that is as volatile Bitcoin considered a store of value and not a speculative asset?
From the perspective of a "pioneering early adopter", Bitcoin does not seem volatile. Instead, it seems like prices across the board are going down and everything is getting cheaper.
The effect on me is that since my saving is rewarded, I'm now way better at saving. I've stopped making irrational, impulse purchases. I'm far more in tune with my spending.
I'm also able to keep the purchasing power I earn from working. This beats the hell out of losing it slowly.
Volatility hasn't been a problem for me.