Hi Excuse me Are currencies a "store of value

[Theb]

where there is gold, there will be banknotes that will be printed according to the value of gold, but even though there is no gold, paper money continues to be printed, whether that way will continue to have value, I think not, in my country more and more prices are rising and not according to income, a small example if in the past 10 years ago I could buy a lot with $ 100 now it might be a lot less, but it's different from bitcoin and crypto currencies if we compare the values from 10 years ago until now, I want to see the failure of banks and countries who went bankrupt for defending a financial system like this that should have been replaced by something new, who knows what? I'm not saying bitcoin and cryptocurrency, but let time be the answer 

I think the answer here why there are still money being printed all around the world is because we all have a government running our country and this is there basis as a legal tender. Whether or not they are valuable solely depends on the country's economical performance and even though they technically lose value because of inflation still this is considered to be a sign of demand rather than a bad thing it is actually a sign of growth in a country. Because not all kinds of inflation are bad as there is an acceptable rate and there are the ones that aren't. What you are also asking for is really not a good idea as well, why would you wish something like that when a lot of lives are at risk?

[shield132]

Hi i'm monolicaคาสิโน
A quick history of currencies and paper money shows that money began as a deposit of a certain value of gold/silver and then turned into a representation of the promises of those who issue it.
Looking at the US dollar, it has lost more than 90% of its value, making all paper currencies a bad example of a "store of value." "I do not want to mention the scenario that happened in the state of Venezuela or Germany after the war."sagame

What is USD? Just paper banknotes but that has purchasing power and that purchasing power also depends on supply. Imagine you are the only company that produces smartphones, demand will be huge and your item will be pricey but now see current situation where there are huawei, samsung, apple, sony, xiamo and etc, price are far low cause demand is still high but supply is a lot. Dollar has the same case. Government prints a lot of money so there is a lot of usd in circulation that causes money inflation. Imagine there was very limited supply of water, you would pay a lot just to drink it but when it's like unlimited, it's not pricey.
Btw Germany did great job in improving their economy, it amazes me, so quickly and so highly and from so low economy where prices were changing like timer.

[Linkkoin]

I think the answer here why there are still money being printed all around the world is because we all have a government running our country and this is there basis as a legal tender.

This is the reputation of a state giving the value to the paper. The stronger the state (its economy being reliable etc.), the better the reputation its currency has. Remove that reputation and like the currency of Zimbabwe - banknote is worth less than a single leaf of a toilet paper.

[Mometaskers]

Depends on the crypto. Fiat tend to inflate since every bow and then they'd pump the economy full of new cash. Fiat these days are basically floating and not backed by anything physical.

I can only talk about bitcoins but so far in the long term it kept its value - so far. Disregarding the volatility of course. I would say it's good store of value but it's OK as an additional store. So fiat savings, cypto and metals.

People who are looking for a good settled future should consider bitcoin as their top savior and helper because only this coin can grant their wishes. Other coins do not hold such abilities. Crypto currencies are going to become medium of exchange in future but at the moment, due to little awareness among people, it would require some item. However, things are getting better for bitcoin and it is the best investment at the moment.

I don't want to see Bitcoin as a savior, there's still many things that can happen but from the view of retaining value, it seem to beat keeping the money in fiat on average. (Again we are valuing the bitcoin in fiat). Among cryptos I'd say BTC is still the most stable one if basing on userbase and acceptance.

I'd rather have some savings in bitcoins in addition to fiat but try to work up to real estate. IMHO nothing beats physical assets.

This is the reputation of a state giving the value to the paper. The stronger the state (its economy being reliable etc.), the better the reputation its currency has. Remove that reputation and like the currency of Zimbabwe - banknote is worth less than a single leaf of a toilet paper.

Well not only that but the government can just declare your money useless, like what India did to its bills. The government can screw your money in various ways.

[Linkkoin]

This is the reputation of a state giving the value to the paper. The stronger the state (its economy being reliable etc.), the better the reputation its currency has. Remove that reputation and like the currency of Zimbabwe - banknote is worth less than a single leaf of a toilet paper.

Well not only that but the government can just declare your money useless, like what India did to its bills. The government can screw your money in various ways.

Exactly. They can even seize the physically existing store of value assets, like a bag of gems, golden coins or bars of gold. Another big advantage of cryptos, because you can make a cold wallet even from a piece of rock if you know how (and there are many guides on how to do so in existence). Even your own body can become one!

[Vishnu.Reang]

The only fiat currency which can be used as a store of value in my opinion is the Japanese Yen. During the past 3-4 decades, the purchasing power of JPY has remained more or less constant, although more recently it has started to behave more like the other fiat currencies. Apart from the JPY, almost all the other fiat currencies are vulnerable to inflation, and therefore unsuitable for usage as store of value.

[AniviaBtc]

The only thing that really keeps it's value is property. Even gold has been known to lose it's vale (see early 1990's).

Well yes. But property isn't generally used to help the economy restore itself, but rather gold. Gold has been known to be one of the steadiest properties that have not seen any huge changes in its price in the recent years. With Fiat currently collapsing literally on us, gold would still be the best choice instead of properties. Sad to say about how America has been printing money though. They know what is the issue but they refuse to address it and is instead preparing for another economic crash like the last time.

Everything loses its values but the real question is "how long will it store its value?". Gold really has a very stable value and the changes in its price is slower than the currencies. Fiat is very unstable that year by year or months by months, it changes its value depending on the economy of one's country.

Gold is the best choice but soon, it will also have the down price, not now but sooner.

[davinchi]

Anything can be a store of value. You can make use of the US dollar or the UK Euro, lands, gold, silver, etc. Any one of them you want can definitely be a store of value for you. I know people that stores their value with USD. So, the same way you can make use of BTC to store your value, and that's if you're ready to take the risk that are involved.

If you check the growth rate of Bitcoin since it was created there is a huge percentage, and anyone that HODL $100,000 from then till now will have a lot of money even if the price should drop down to $1000 per BTC. So it's up to you what you want to use in storing your value, a lot of people prefer to use stable assets, that way they wouldn't have to take high risk.

[Assface16678]

The only thing that really keeps it's value is property. Even gold has been known to lose it's vale (see early 1990's).

Well yes. But property isn't generally used to help the economy restore itself, but rather gold. Gold has been known to be one of the steadiest properties that have not seen any huge changes in its price in the recent years. With Fiat currently collapsing literally on us, gold would still be the best choice instead of properties. Sad to say about how America has been printing money though. They know what is the issue but they refuse to address it and is instead preparing for another economic crash like the last time.

Everything loses its values but the real question is "how long will it store its value?". Gold really has a very stable value and the changes in its price is slower than the currencies. Fiat is very unstable that year by year or months by months, it changes its value depending on the economy of one's country.

Gold is the best choice but soon, it will also have the down price, not now but sooner.

If you are trying to look at the history of money from the physical cash, It goes into a digital currency that becomes online money it is the same from the physical money, but it has an advantage like less hassle to pay for your bills, secured and easy to transfer money than in traditional of that it takes a lot of time. Today the use of digital currency is slowly replacing real money because came from the other country. They are now accepting the use of coins to make their land more productive and adapting to technology.many people are trying to invest in the cryptos because they know it gives them a lot of profit, not like in real money.

[Xxmodded]

This is the reputation of a state giving the value to the paper. The stronger the state (its economy being reliable etc.), the better the reputation its currency has. Remove that reputation and like the currency of Zimbabwe - banknote is worth less than a single leaf of a toilet paper.

Well not only that but the government can just declare your money useless, like what India did to its bills. The government can screw your money in various ways.

Exactly. They can even seize the physically existing store of value assets, like a bag of gems, golden coins or bars of gold. Another big advantage of cryptos, because you can make a cold wallet even from a piece of rock if you know how (and there are many guides on how to do so in existence). Even your own body can become one!

Many feature bitcoin than gold as investment assets and give much profit later, maybe some people look not want to get big risk by investing with gold but hope can get much profit, gold only raise change price about 5% and bitcoin or altcoin investment can do it just few second for raising to %5 but have big risk when price down more than 10% just few minutes.

[Mometaskers]

This is the reputation of a state giving the value to the paper. The stronger the state (its economy being reliable etc.), the better the reputation its currency has. Remove that reputation and like the currency of Zimbabwe - banknote is worth less than a single leaf of a toilet paper.

Well not only that but the government can just declare your money useless, like what India did to its bills. The government can screw your money in various ways.

Exactly. They can even seize the physically existing store of value assets, like a bag of gems, golden coins or bars of gold. Another big advantage of cryptos, because you can make a cold wallet even from a piece of rock if you know how (and there are many guides on how to do so in existence). Even your own body can become one!

Well, that is one reason to diversify into crypto and also have some saved in a software wallet aside from a hardware wallet, which can be confiscated. Then when you flee you can just access your crypto on a new device. Of course don't save a majority of your asset as crypto, exchanges can get hacked, hardware wallets can fail, the grid can shutdown, etc.

[kapalmabur]

This is the reputation of a state giving the value to the paper. The stronger the state (its economy being reliable etc.), the better the reputation its currency has. Remove that reputation and like the currency of Zimbabwe - banknote is worth less than a single leaf of a toilet paper.

Well not only that but the government can just declare your money useless, like what India did to its bills. The government can screw your money in various ways.

Exactly. They can even seize the physically existing store of value assets, like a bag of gems, golden coins or bars of gold. Another big advantage of cryptos, because you can make a cold wallet even from a piece of rock if you know how (and there are many guides on how to do so in existence). Even your own body can become one!

Well, that is one reason to diversify into crypto and also have some saved in a software wallet aside from a hardware wallet, which can be confiscated. Then when you flee you can just access your crypto on a new device. Of course don't save a majority of your asset as crypto, exchanges can get hacked, hardware wallets can fail, the grid can shutdown, etc.

the steps taken are clearly very risky if all your money you buy crypto currency, Bitcoin has gone up 5,475.65% this is too risky,
if you try with some money I think it's okay with that, and indeed bitcoin is an instrument or digital asset, you can invest here

[fiulpro]

Hello
It actually depends on which currency you are making this statement on , if it is actually bitcoins because let's be honest they are also a currency contrary to what people might believe.
When you talk about dollar and other things they have some value which is backed up by the banks of the respective country , so yes they can be taken as a backed up value and a store of value but I don't think this stable store of value is any beneficial for the investment purposes , because if you wanna earn from it you need to actually invest a lot.

[deisik]

The only fiat currency which can be used as a store of value in my opinion is the Japanese Yen. During the past 3-4 decades, the purchasing power of JPY has remained more or less constant, although more recently it has started to behave more like the other fiat currencies. Apart from the JPY, almost all the other fiat currencies are vulnerable to inflation, and therefore unsuitable for usage as store of value

Personally, I would go for the Swiss franc

Japan is depending massively on both imports from and exports to US. If the American economy sinks, Japan will follow. The Swiss are the world bankers and have been so since long ago. They definitely know how to run the money. Apart from that, the Swiss franc is one of the most protected (difficult to fake) currencies in the world (with the British pound being the most counterfeited currency among major currencies)

[Betwrong]

Currency is a medium of exchange for goods and services.

Source: https://www.investopedia.com/terms/c/currency.asp

Who told you (OP) that currency is a store of value? You should read about "liquidity preference theory"
https://www.investopedia.com/terms/l/liquiditypreference.asp

Tl;dr people hoard cash because of its liquidity, not because of its ability to store value.

And yet millions of people in countries with unstable economies use USD, EURO, GBP and maybe some other strong currencies exactly as a store of value, never using them in any other way. I think we should keep that in mind, never forgetting, at the same time, that those currencies wouldn't be so good as a store of value if they weren't used by most of the people around the world as a medium of exchange for goods and services.

[Argoo]

In general, any currency should fulfill the function of storing value, another thing is that they perform this function in different ways, depending on many factors. Paper money of states periodically and gradually lose their value due to inevitable inflation.
A decentralized cryptocurrency can hardly be attributed to good value storages due to its very high price volatility. And it seems that she will always have high volatility.

[error08]

Every fiat currency that affected by inflation loses its value over time which means do not store your wealth in those fiat currencies if you don't want its value is continuously decreasing. Some solid-form assets and investments are more reliable than fiats such as gold, land, properties, or any business that generates income.
How about bitcoin as a store of value? We know that the value of bitcoin continues to increase rather than lose its value in the long-term, considering the usability and acceptance in the future, bitcoin still has plenty of room to grow bigger, so at this point, bitcoin is a better way to store value than fiat currency.

[BChydro]

people in countries with unstable economies use USD, EURO, GBP and maybe some other strong currencies exactly as a store of value, never using them in any other way.

It is a fact that people living in unstable economic situations are using stable currencies and they are doing so considering it as a store of value.
The majority of the first world currencies mainly USD is used in many countries to transact if you are a tourist the merchants would certainly like to transact in USD than in their local currency but the only problem is that they charge more for tourist .

[Cherylstar86]

In general, any currency should fulfill the function of storing value, another thing is that they perform this function in different ways, depending on many factors. Paper money of states periodically and gradually lose their value due to inevitable inflation.
A decentralized cryptocurrency can hardly be attributed to good value storages due to its very high price volatility. And it seems that she will always have high volatility.

It really make sense to think that each of us want an easy and fast transaction. Basically, we just use fiat as a paper money as a common way of transaction for the different stores or any store establishments around us in our community. Having these crypto currency nowadays it make us comfortable by doing a good way of transaction.

[NavI_027]

In general, any currency should fulfill the function of storing value, another thing is that they perform this function in different ways, depending on many factors. Paper money of states periodically and gradually lose their value due to inevitable inflation.
A decentralized cryptocurrency can hardly be attributed to good value storages due to its very high price volatility. And it seems that she will always have high volatility.

Well, that's normal tho. Inflation of market when it come to centralized and ATH in the world of crypto seems ideal for me already. Some of you might say that word "ideal" is too much, okay fair enough, I say so because in reality it's very rare to see such conditions . I guess the best thing we could do is to pray for the best and get used to it at the same time — less expectations, less hurt. If you will ask me to choose one, I would probably choose the high volatilty. At least you still got chance of sudden price spike compare to slow but constant inflation.