Ethereum as a store of value

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Ethereum as a store of value

I’m wondering how people see Ethereum as a store of value when the currency isn’t hardcapped like Bitcoin is. How does Ether have value beyond just using it as gas for the network and as a utility token for certain Dapps? I’m not looking for investment advice, I’m just looking to understand why people would buy and hold Ether given those circumstances and its unclear monetary policy.

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