Money as a store of value...

[Negotiation]

Gold is like a shield against inflation because it has an inherent value of its own. Besides, demand for gold is not dependent on economic . Apart from specific uses in industry, gold is primarily used for ornamental and investment purposes. While inflation can negatively impact demand for goods and services and ultimately hurt and debt markets, gold's unique supply and demand side makes it relatively immune to the negative effects of inflation. Also can protect investments from any decline in financial purchasing power.

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[Inwestour]

Apart from money losing some value due to inflation on the long run, money could totally turn to be a bad store of value if there is redesign of currency. You might have saved your money locally and have a long journey, after so many years you will discover that there is a change in currency denominations or design and this will render all the money in your possession useless.
I have to also agree with you that bitcoin is not a good store of value because of its volatility, but it can be used as a hedge to inflation.

This situation is far from reality, who leaves their savings and go on a trip for several years? If this is really possible in your case, then just leave these funds in US dollars, their design does not change as often and they are not as highly subject to inflation as most national currencies. And in this case, bitcoin will certainly have an advantage, because in a few years it can not only save your money from inflation, but also can bring good profits.

[ichsan ardi]

Firstly what is the word store of value;store of value is something that maintain its worth both in the present and the future.Money is a type of assets in an economy that you can use to buy goods and services from other people or businesses.One of the functions of money in an economy is that it's serves as a store of value.
     A store of value is something people use to transfer purchasing power from the present to the future.
     While money is an asset that can store value, and also Gold and silver for example, acts as store of value.
     Since money is accepted as a store of value, trade is much more efficient.When an individual or business accepts money in exchange for a goods and services, the seller can store the money in a bank account and retrieve it later in the future.

I agree with your opinion that money as a medium of exchange for services and others and gold and silver money can be a store in the past and the future but money? I'm not sure about gold and silver. I agree that it can be a storage device in the future, but I don't think money is because day by day the nominal value of our money continues to decrease because it's called inflation because money is continuously being printed without any valuable backups. Money is only backed up with trust. So if money is said to be storage in the future I don't agree but as an efficient medium of exchange I agree

[doomloop]

More precisely, basically Fiat money is a storage of value we know about it, but indeed the fiat money cannot maintain its value because the supply is always increasing which makes its value continue to decline, whether its use for saving the crisis or whatever is intended in the goal so that it print money In addition and then circulated, it will make the Fiat currency decrease in value because the supply of money is a lot, while the demand for money is only relatively stagnant that makes a currency decrease in value. Therefore, even though Fiat is a storage of values, but it is not effective in the long run because based on the situation above.

Gold, Bitcoin, Silver and others as a storage of values that are effective now also depending on the market demand, because most people already believe in gold or other noble minerals as a storage of values so that makes it worthy of a storage of value.

That is what it is. Even if it can store your wealth, a currency cannot be trusted for the long run considering there can always be different waves of economic crisis over the course of let's say 10 to 20 years, and when there is an economic crisis, there is inflation with it and we all know what happens with some currencies when there is inflation and more currencies being created in the background.

So it is basically useless to store your wealth in liquid or fiat currencies, instead, one should choose commidities and assets and store their wealth in those, just like Gold and real estate, Bitcoin is also good but has higher risks due to its volatility.

[tjtonmoy]

Money is widely accepted as a store of value, but is it the best option? I don't think so. Because overtime, with inflation and other things, its value decreases. You have mentioned Gold and Silver. Yes they can be a good option for storing value. Because its value is going to increase slowly but surely. Values are determined based on demand and supply. Gold supply is getting lower and demand is getting higher. So the price is going to go up. That's not the case with Money. The system itself is broken. All they need to do is print more. And when they do just that, the value is going to go low. This is the reason why I think money is never the best option when it comes to store value. I don't know what others think about this. If you think I am wrong at this, be sure to let me know.

[Iadegbola34]

You've provided a comprehensive explanation of the concept of a store of value. Money, gold, and silver are examples of assets that can serve as stores of value. By accepting money in exchange for goods and services, individuals and businesses can efficiently transfer purchasing power from the present to the future through bank accounts.

[panganib999]

Firstly what is the word store of value;store of value is something that maintain its worth both in the present and the future.Money is a type of assets in an economy that you can use to buy goods and services from other people or businesses.One of the functions of money in an economy is that it's serves as a store of value.
     A store of value is something people use to transfer purchasing power from the present to the future.
     While money is an asset that can store value, and also Gold and silver for example, acts as store of value.
     Since money is accepted as a store of value, trade is much more efficient.When an individual or business accepts money in exchange for a goods and services, the seller can store the money in a bank account and retrieve it later in the future.

So uhh, what was the point of this post exactly?

I suppose everyone with half a brain to figure out how bitcoin works is a little informed about stores of value and what they are, so I don't see the point of having a post like this really. Like okay I guess thank you for the comprehensive explanation of what store of value is, but what's next? Where's the discussion to be made?

well sadly gold is coming back in the future as a store value that is a thing that's going to happen, even though right now our currency is paper money. but at this time inflation continues, until now for paper currencies to continue to experience inflation it does not happen on purpose but that is what happens to unstable money circulation. I hope that in the future they realize it to also start investing some money in a form that is not easy to experience inflation.

how is that a sad thing? Gold has been the prime standard of store of value in the planet since our ancestors knew how to read and write. I don't see why it's "sad" cause this has been the case for a couple of millennia now. Paper money is nothing but a faith-based economic system with nothing to really back it, especially USD. You mean to say you'd pick that over an asset that has proven and well-established value system?

[slapper]

Money is widely accepted as a store of value, but is it the best option? I don't think so. Because overtime, with inflation and other things, its value decreases. You have mentioned Gold and Silver. Yes they can be a good option for storing value. Because its value is going to increase slowly but surely. Values are determined based on demand and supply. Gold supply is getting lower and demand is getting higher. So the price is going to go up. That's not the case with Money. The system itself is broken. All they need to do is print more. And when they do just that, the value is going to go low. This is the reason why I think money is never the best option when it comes to store value. I don't know what others think about this. If you think I am wrong at this, be sure to let me know.

Bucks, the king of convenience, ain't flawless, folks. Inflation? Like a sneaky rat, stealing your spending might. And we're left craving a hardier option. Cue the metal heroes, gold and silver, standing tall through centuries!

Cash, it's a flirt with instability. But these shiny metals? They're steadfast. Think of them as turtles in a world of ADHD rabbits. Value takes its sweet time, sure, but it's climbing, believe me! Supply and demand tell a wild story: gold supply? Vanishing. Demand? Doing a crazy salsa!

Tragicomedy alert: our system's a laughable mess. Money, with its printing press band, playing a tune of dropping value. What a joke! More printing, more sinking. It's worse than the Titanic, folks!