As of today, October 7, 2025, Bitcoin’s utility remains a topic of debate. Is it primarily a medium of exchange, a store of value, or both?
Table of contents
Store of Value
Bitcoin is increasingly seen as a store of value, similar to gold. Its transparent, anonymous blockchain helps make it a reserve asset. On-chain data indicates long-term holding trends.
Medium of Exchange
While debated, some envision Bitcoin facilitating everyday transactions. In the UK, discussions explore using Bitcoin for significant purchases like homes.
Investment Vehicle
Bitcoin is a speculative investment. The Bitcoin price crossed $120,000 in 2025, with forecasts pointing toward $200,000.
Institutional and Governmental Adoption
The Strategic Bitcoin Reserve highlights rising institutional and governmental interest.
Rising Demand
Bitcoin demand is rising sharply, with over 62,000 BTC accumulated monthly, signaling strong investor interest.
Comparison with Other Cryptocurrencies
Unlike XRP, which has different use cases, Bitcoin is primarily used as a store of value. The debate continues whether Bitcoin can become a widely adopted medium of exchange.
Ways to Acquire Bitcoin
ASX investors have a choice: purchase Bitcoin directly or invest in a Bitcoin ETF. Each method has its pros and cons, depending on the investor’s goals and risk tolerance.
Potential Threats and Solutions
The rise of quantum computing poses a threat to Bitcoin. Industry experts are working on solutions to prevent potential vulnerabilities.
Future Outlook
Bitcoin’s future utility will likely depend on addressing scalability issues, regulatory clarity, and technological advancements. The ongoing debate between store of value and medium of exchange will continue to shape its development.
