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Board Beginners & Help
Re: Does Bitcoin fulfill the classic economic functions of money?
by
Oshosondy
on 05/11/2021, 19:15:26 UTC
Does money serve as a store of value in the same way though?
Fiat toonare store of value but the value is always reducing is the difference, that is why it is better to go for the values that are stored and increasing, buying gold and some other precious metals can do this but I will prefer to go for the most successful asset and money of the 21st century, maybe other can take over but Bitcoin is still the most successful which is a store of value.

But if we have to say it the right way, fiat are not store of value in term of value increment because government will always reduce its price.