When we talk about a Store of Value, we mean a store of wealth. It refers to the fact that the asset in question will at least maintain its value in the future and thus not lose purchasing power.
What is a Store of Value?
What can be a store of value varies greatly. These can be currencies, commodities, or other assets such as stocks. Therefore, the question arises whether cryptocurrencies and especially Bitcoin can also function as a Store of Value. In the long term, Bitcoin has so far been able to live up to this status (as of August 2022).
Bitcoin as a Store of Value is therefore often compared to gold and referred to as digital gold.