Quote from: Chukzy1992 on March 30, 2023, 09:32:50 PM

Firstly what is the word store of value;store of value is something that maintain its worth both in the present and the future.Money is a type of assets in an economy that you can use to buy goods and services from other people or businesses.One of the functions of money in an economy is that it's serves as a store of value.
A store of value is something people use to transfer purchasing power from the present to the future.
While money is an asset that can store value, and also Gold and silver for example, acts as store of value.
Since money is accepted as a store of value, trade is much more efficient.When an individual or business accepts money in exchange for a goods and services, the seller can store the money in a bank account and retrieve it later in the future.

So uhh, what was the point of this post exactly?

I suppose everyone with half a brain to figure out how bitcoin works is a little informed about stores of value and what they are, so I don't see the point of having a post like this really. Like okay I guess thank you for the comprehensive explanation of what store of value is, but what's next? Where's the discussion to be made?

Quote from: vanesha on May 14, 2023, 11:52:47 AM

well sadly gold is coming back in the future as a store value that is a thing that's going to happen, even though right now our currency is paper money. but at this time inflation continues, until now for paper currencies to continue to experience inflation it does not happen on purpose but that is what happens to unstable money circulation. I hope that in the future they realize it to also start investing some money in a form that is not easy to experience inflation.

how is that a sad thing? Gold has been the prime standard of store of value in the planet since our ancestors knew how to read and write. I don't see why it's "sad" cause this has been the case for a couple of millennia now. Paper money is nothing but a faith-based economic system with nothing to really back it, especially USD. You mean to say you'd pick that over an asset that has proven and well-established value system?