The power of money as a store of value is a difficult question to tackle with brevity, but I'll give it a go. Any currency attempting to be a store of value is drawing from it's function as a currency. A person holds a currency assuming it will be accepted at a similar value, or even a higher value later, therefore stability is desirable, and fungibility is a must.
I will attempt these complex topics with brevity, and lets see how it goes;
"He (Alaskanon) says XMR is a "store of value" and then he says, it is "a unit of account" and that other things can add value to your life that aren't units of account, thus you should use a UofA and then have other things. All of that makes no sense from a money point of view, if it's the most sale-able good, or if it is money, the point of it is that it has the most flexibility (thus it actually can, does, and should store wealth)"
Using a diversified asset portfolio is the most tried and true method of wealth building for at least the the last 5000 years. Digital cash, of which XMR is the top preforming crypto has a unique range of functions that things like gold, or titles and property cant compete with. However, you cant live in your crypto wallet, and it doesn't offer the same mobility as a car. I may not be able to use XMR and protect my privacy if I want to trade with somebody on an Iphone with no XMR wallet, or I may get a better price with cash or goldbacks. there is also Gresham's law to consider. There are many people who will be "tech bro'd out" of the on and off ramps for monero depending on how they plan on spending it. This continues to become less of a concern as people integrate decentralized exchanges and faster swapping mechanisms that run in the background. if your thesis is true, then the trade barriers with Russia and Iran should have eliminated the Viability of the US dollar in the 1950's and 70's.
"XMR, and I used to be in favor of it to a certain degree, has some features of money, and it does have a use case - but only short term. It isn't a store of value at all. It isn't a liquid market either. That is proven by the fact that no one will hold it for long term, just like when N. Korea stole ETH they almost immediately traded it for what? Oh yes, that's right, BTC."
This is provably untrue, with the exception of the liquidity issue. The Solana S**Tcoin market prefers tether and XMR. USDC and Tether are far more popular in south america than BTC for on and off ramps or p2p exchange. The volitility of BTC and the ease of witch those in power can manipulate prices with never ending pump and dumps has made people hesitant to accept it as a form of payment. The only reason large scale hacking prefers BTC in some cases is the volumes require a larger liquidity pool, and this is where the validity of your argument can be found. however many if not most of them will offer a discount for stolen crypto for XMR. the Price consistancy of XMR makes it a better store of value.
I will continue this discussion on my lunch break, but I was made aware of this conversation on Monero talk Sat 15Mar25 and I am happy to do what I can to follow up on this delightful conversation.
~ALASKANON
