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ID: akfhCK1k/biz/60628797#60638865
7/16/2025, 8:53:37 PM
>>60638446
>store of value is indeed a value, including BTC.
lol merely insisting BTC is a store of value doesn't make it a store of value. That forced meme became necessary once BTC failed as a medium of exchange circa 2017, without it there's no way to effectively market BTC to prospective investors.
>i use monero as a store of value
And what is it that gives you the confidence to use XMR as a store of value? How can you be so certain you'll always find a willing buyer?
>So gold is useless (and thus worthless) as a utility......but it becomes super valuable when hoarded? Brilliant.
Gold isn't useless, it has impressive chemical properties and enjoys dependable demand from jewelers and the electronics industry.
>(no gold is not as valuable as it is because of its non money uses)
Gold is actually overvalued and is generally considered a shitty investment because just like BTC it is a NON-PRODUCTIVE ASSET
>You don't even really "invest" in gold. Since the yellow metal produces no cash flows, holders of gold merely speculate on its future price. And anyone who holds onto gold for any length of time almost invariably learns two things: its returns usually lag those of stocks (often by a lot), and it's a poor hedge against inflation.
>When you own equity in a company, your stock represents a claim on the business's assets. But more importantly, your stock represents a claim on the long-term stream of free cash flow generated by that business. That cash can then be distributed to shareholders as dividends or kept on the balance sheet as retained earnings.
>Gold, by comparison, represents a claim on a lump of metal that produces…nothing. As pretty as it might be, gold gets dug out of the ground, refined and then turned into stuff that mostly just sits there.
Still, I'd rather hold gold than BTC, at least I'd still be able to find willing buyers even if investor confidence completely evaporated.
>store of value is indeed a value, including BTC.
lol merely insisting BTC is a store of value doesn't make it a store of value. That forced meme became necessary once BTC failed as a medium of exchange circa 2017, without it there's no way to effectively market BTC to prospective investors.
>i use monero as a store of value
And what is it that gives you the confidence to use XMR as a store of value? How can you be so certain you'll always find a willing buyer?
>So gold is useless (and thus worthless) as a utility......but it becomes super valuable when hoarded? Brilliant.
Gold isn't useless, it has impressive chemical properties and enjoys dependable demand from jewelers and the electronics industry.
>(no gold is not as valuable as it is because of its non money uses)
Gold is actually overvalued and is generally considered a shitty investment because just like BTC it is a NON-PRODUCTIVE ASSET
>You don't even really "invest" in gold. Since the yellow metal produces no cash flows, holders of gold merely speculate on its future price. And anyone who holds onto gold for any length of time almost invariably learns two things: its returns usually lag those of stocks (often by a lot), and it's a poor hedge against inflation.
>When you own equity in a company, your stock represents a claim on the business's assets. But more importantly, your stock represents a claim on the long-term stream of free cash flow generated by that business. That cash can then be distributed to shareholders as dividends or kept on the balance sheet as retained earnings.
>Gold, by comparison, represents a claim on a lump of metal that produces…nothing. As pretty as it might be, gold gets dug out of the ground, refined and then turned into stuff that mostly just sits there.
Still, I'd rather hold gold than BTC, at least I'd still be able to find willing buyers even if investor confidence completely evaporated.
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