Post
Topic
Board Bitcoin Discussion
Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
by
tadamichi
on 30/06/2022, 00:54:46 UTC
 means that YOU think gold should have been  more common used as money...
It doesn’t, i never even said this, it is a better store of value, doesn’t have the inflation problems and yet it failed as money. That’s all i said. If one of the best store of values in history, failed as money like this, it might be worth looking into why. Fiat is better except in the store of value aspect. Maybe you don’t look outside that much, but we’re experiencing one the highest inflations since a long time at the moment, so any sane person would get that reference. That fiat is a terrible store of value and not a sustainable form of money in its current form. And requires trust to work, so it won’t ever work for everyone.


this moment here show your hidden emotion of wanting to think gold is/was in your mind more (ideal) money than fiat buy shaking your head to the reality that went against your secret opinion.
You officially need a psychiatrist, but i wouldnt want any person to have to deal with this. I literally said fiat replaced gold, that the money that makes trade easier/ more efficient wins.

but yea its obvious you preferred if people treated gold more commonly. you just trying to justify to yourself the reason to change your mind.
however by you slipping in the "scarcity" criteria. shows your mind is still leaning back towards (bias in favour of) still wanting think gold is better (IDEAL) money in your mind

yes you mention it doesnt fit your criteria perfect and you call out the flaws of both. but you head shake and slips in of scarcity reveal your real secret preference

my goal was to see that your still bias in favour of a scarce money being ideal money. and give you a clearer idea of what others see as money.
scarcity is not part of money criteria. and common acceptance is the main one.

as for your definition of store of value.. . no you described the sentiment of values...
values(sentiment of feature) and value(economic amount) are different things. ones a feature, ones an economic amount.

store of value is an economic amount

https://www.seekingtherapy.com/online-therapy/

You’re welcome.