Why I bought bitcoin Bitcoinâs growing credibility as a store of value among institutional investors and wider usage as a medium of exchange prompted this self-managed super fund to dive in. Apr 17, 2021 â 12.00am Save Share The Chook super fund invested in bitcoin in October last year following the decision by global online payments company PayPal to facilitate the use of the cryptocurrency by its 26 million merchants. The PayPal decision was a seminal moment in bitcoinâs history because it showed regulatory and commercial acceptance of its use as a medium of exchange for the buying and selling of goods.