This isn't what you asked for. But I'd argue against storing value at all, anywhere. That's for 2 reasons: 1) often, not you or anyone here necessarily, what people who think 'storing value' really want is *rent* ... to make money without contributing productively. And 2) hoarding doesn't imply value. Money contributes to the world by it's *movement*, by changing hands. So a savings account or money market can (somewhat passively) help the world more than burying cash in your yard. But *spending* money helps the world in innumerable ways, especially when it's not to buy arbitrary stuff, but to encourage others to do work ... like .... [cough] ... write poetry or brew beer.
On April 14, 2021 2:49:55 PM PDT, Pieter Steenekamp <[email protected]> wrote: >I am a strong supporter of Bitcoin. Sure there are negatives, it's not >all >just positive. There also are risks, Bitcoin could lose all it's value. >The >main reason why I support it is because it's probably one of the best >ways >to store value. With all the crazy printing of fiat currencies all >around >the world, is there a good argument that any fiat currency will keep >it's >value? I'd really like to listen to these arguments with an open mind. >I'd >also like to listen to arguments why any other way to store value is >significantly better than Bitcoin. >But, I'm not saying it's the only way to store value and I'm definitely >not >advocating to store all your value in Bitcoin. A portfolio where some >portion, dependent on individual circumstances, is stored in Bitcoin is >in >my opinion very good. -- glen ⛧ - .... . -..-. . -. -.. -..-. .. ... -..-. .... . .-. . FRIAM Applied Complexity Group listserv Zoom Fridays 9:30a-12p Mtn GMT-6 bit.ly/virtualfriam un/subscribe http://redfish.com/mailman/listinfo/friam_redfish.com FRIAM-COMIC http://friam-comic.blogspot.com/ archives: http://friam.471366.n2.nabble.com/
