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 Good money needs to do both imo, but it starts with being valuable  
 Yes. 
I believe that bitcoin is many years away from being a great, ubiquitous MoE for the world. 

This is the store of value decade. 
 #Bitcoin will not succeed if it doesn’t become a broadly used MoE soon. Because it needs to be highly distributed and not highly concentrated. Being concentrated in ETFs, strategic reserves and corporations allows it to be diluted through futures, derivatives and fractional reserves and hence also lose its SoV by essentially inflating it. Cornering Bitcoin as a SoV is an attack vector.