Post
Topic
Board Economics
Re: Hi Excuse me Are currencies a "store of value
by
Ozero
on 03/12/2019, 17:27:06 UTC
Hi i'm monolicaคาสิโน
A quick history of currencies and paper money shows that money began as a deposit of a certain value of gold/silver and then turned into a representation of the promises of those who issue it.
Looking at the US dollar, it has lost more than 90% of its value, making all paper currencies a bad example of a "store of value." "I do not want to mention the scenario that happened in the state of Venezuela or Germany after the war."sagame
Anything which has inflation is not good to be used as store of value but still many people not aware of it and losing their asset value when they kept it in the form of fiat.We may call bitcoin as store of value but still its completely not due to its volatility nature so just find something which has constant value and demand then it will be the best.As far as I know gold is the best to be store of value.

Paper money is subject to inflation, so it is not the best way to save value. Of course, the best in this regard are our eternal values - gold, precious stones and jewelry, antiques, real estate.
Cryptocurrency in this regard, probably, occupies the last places due to its high price volatility.