Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: jdsteel
Of course it makes sense to anyone who understands what a store of value is.

Your definition as something that must "have value beyond that which is given it by its proponents", which is an idea unique to your imagination.

A store of value is essentially an asset, commodity, or currency that can be saved, retrieved, and exchanged in the future without deteriorating in value. In other words, to enter this category, the item acquired should, over time, either be worth the same or more.

Understanding a Store Of Value

Feel free to explain how this doesn't apply to Bitcoin.

40 posted on 01/22/2022 1:44:44 PM PST by GunRunner
[ Post Reply | Private Reply | To 39 | View Replies ]


To: GunRunner

Please, do your best to explain as to how this DOES apply to Bitcoin.

I see zero correlation with that link and crypto.

Plus, you somewhat “unique” quote about value & time remains gobbledegook.


42 posted on 01/22/2022 9:08:13 PM PST by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
[ Post Reply | Private Reply | To 40 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson