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RE: How Do We Agree on What is a Reliable Store of Value ? - FieldCoin
Im with you, but as it happens I also stack silver, and own a home, and buy and store food and water, because I recognize as you point out, that wealth, and store of value can come in many shapes.
I think historically speaking, silver and gold have the best case for being "money", meaning, a unit of account, that is also a store of value, and a medium of exchange, while simealtaneously being:
- divisible
- durable
- portable
- fungible
- and resistant to counterfeit.
Thanks for the post and the reply.
cheers ace, yes. value is what we agree upon and often, by no coincidence, often what we need. It's no surprise that second hand cars, clothes and gadgets are often a fraction of their original cost to buy but antique furniture, truffles and precious metals stay expensive. what's really valuable though are ideas, compassion, truth, community and knowledge. I wish someone could come up with a blockchain which recognises those things and monetises them.. oh yeah, steemit ! ha :)