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The Primacy of Bitcoin as a Store of Value
Bitcoin's primary function is to serve as a store of value, with other features such as censorship resistance, persistence, and divisibility existing to support this role. While Bitcoin can be used as a means of exchange, trade-offs come with using it in this way. Additional layers are being added to address these trade-offs, such as the development of e-cash. Ultimately, Bitcoin's promise lies in its ability to provide a store of value without being debased.