Money as a store of value...

[RockBell]

The issue right now is that saving money while inflation is plaguing the economy is a bad idea all around. You can invest your money to get a nice return rather than just keeping it in a savings account. It may not even be essential to invest in Bitcoin but rather other types of investments. Money is employed either as an investment in value or as a widely accepted form of payment that holds its value over time. People can earn money, store it, and then spend it later with the knowledge that the value has been maintained through time. As you mentioned, trade led to the invention of money in the 19th century, which was then followed by the influx of gold, silver, and cowries in Africa.

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[Uruhara]

do you think money can retain its value?the amount of money in circulation will continue to increase over time,that is why inflation occurs.
as opposed to something that is a fixed amount, since the value will continue to rise all the time, there may be a small correction but in the long term it is not too worrying.

Keeping our wealth assets in the form of money will indeed only make our wealth assets continue to decrease in value. because money continues to be affected by high inflation. The central bank is currently continuing to raise interest rates to attract customers to make deposits and save more at the bank. but in fact this did not really have much of an impact on reducing inflation. there may be a slight decline but if it continues then the threat of a recession becomes more likely. because even today people are starting to save money and spend less money. so that the circulation of money in the economy has decreased slightly (slowing the velocity of money). and this is also not good in the economic cycle. so for sure the central banks will start lowering their interest rates but that also means the pressure on inflation will be a bit slack. and this is why money cannot be used as a store of value. because money tends not to retain its value. without even realizing it every year money continues to experience a decrease in value little by little.

[zaki12]

In general, money cannot maintain its value in the long term because the amount of money in circulation continues to increase over time, causing inflation. Inflation occurs when there is too much money circulating in the economy and an insufficient amount of goods and services available for purchase. This can cause the prices of goods and services to increase significantly, thereby affecting the purchasing power of money.

However, inflation is not always bad. Moderate inflation can promote economic growth and provide incentives for consumers and producers to buy and sell goods and services. However, high and uncontrolled inflation can cause huge losses for consumers and investors, and damage the economy as a whole.

Meanwhile, investing in bitcoin assets can provide protection against inflation as their value tends to rise over time. So I thought, By investing in bitcoin type assets, you can minimize the risk of inflation and reduce its negative impact on your finances.

[justdimin]

~snip~
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.

Good luck with your money, personally I will choose gold over fiat as the best option. Unlike fiat which will be under the pressure of inflation, gold will protect our money from inflation in long term that's why when there are many negative about a country like a war, bank collapse, etc. people will tend to move their fiat money to gold or other instruments.

I would say since we are in the bitcointalk world, I would guess that there is a bit more likeliness to buy bitcoin than gold, and that way you would be able to hold your money in something that is easily liquidated and you would be able to take a profit from the ups and downs of the fiat world as well. It is not going to end up with anything at all, but there is absolutely no way that I would give that up.

Not many people consider that as an option in the world just yet, and most still prefer gold, but there will be time when bitcoin will surpass gold as an option. That won't happen anytime soon, like this year, but in the next 10 years it could happen.

[yudi09]

Barter was the beginning of transactions. The first change from the barter system continued with coin or metal currency. Along with the times, the system again changed from coin or metal currency to paper money and applies to this day which is better known as fiat.

Paper or fiat money cannot store value due to inflation and has been proven over the years. So with the progress of the world, it is time to enter a new change related to currency and the world is adjusting to digital and Bitcoin is one of the currencies that can store value.

Refers to a transaction tool that has value, there is also a small possibility of returning to the barter system. But it's also a little difficult because for example using gold, if the transaction is small then it's difficult to solve it.
I agree that if paper money has a high inflation potential, maybe they will switch to digital currency and bitcoin will be an alternative.

There is no need to discuss the transaction system anymore even though all of this goes hand-in-hand with the times and is in harmony with its functions.
Now is the time for us to face further changes to the economic system including everything related to the economic system such as transactions.
More precisely along with progress and development, Bitcoin is the next change.

Are we ready before the world as a whole implements it?

[darewaller]

Money can be used as a store of value because it is durable and acceptable for a very long period of time. I hardly see where a fiat stopped to exist because of change of government or something of that nature.
What we will complain about is depreciation in the value or purchasing power of the fiat which is one of the cons of fiat.
On the other hand, cryptocurrency has its own cons which is volatility.
Maybe we could say that the perfect means to store value is gold.

If it's a coin, it is durable but if it's paper money, not it isn't but you can store it in a safe/vault or keep it in the banks. You should only be ready about the risk for doing it because there are so many complaints about the banks lately. In most definitions, money is considered as a store of value but some definition states that a store of value must be an asset or something which can retain its value.

I think money isn't like that but it can lose it's value in the long run because of the inflations. We are in the era where cryptos are now popular and use by the many. It might be possible that one day, a fiat will be replaced by them. I better watch out before your money becomes obsolete.

[Semar Mesem]

Money is something that everyone really needs, and right now money is the best motivation to get someone excited about life, but we have to understand that managing finances is very important so that it can determine our future, so be careful when we want to use money.

[mvdheuvel1983]

In the past money used to be a store of value but not anymore judging from the worsening economic crises in the country where I reside and the rapid devaluation of the currency. Yes, devaluation is the word that tells that money isn't anymore a store of value. Depending on your point of view and stand point, Bitcoin can be argued as a store of value. At least I read one time where some people in a particular country took out their money from their banks to buy Bitcoin so as to wealth from falling. Real estate is to me a store of value. It's value doesn't drop. Gold and other precious metals act as a store value. In summary, the worth of money is not what it used to be because Bitcoin and other digital currencies are taking over.

https://www.preciousmetalsinvestmentportfolio.com/

[Gyfts]

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.

What's the point that you're making? That paper money has value?

I'm sure we could look at the global economy over the last hundreds of years to recognize that paper currency has value. It's not that anyone is challenging that. You may mention where that value comes from, though. The value of any currency originates from the government. The paper within itself is inherently worthless. In fact, you could have millions of units of currency and have the net worth of zero if you don't find someone that holds the currency attributable to the same value you do. Gold and silver at least have some inherent value so they're not comparable but they're often lumped together with currency.

[Smartvirus]

Money is such a broad name that encompasses anything that could be accepted for a means of payment on goods and services. Now, not all money are still useful in present times, like the cowries, the manilla and the rest of them from a time past in Africa. These are still regarded as money but, most have no value except being displayed in museums.
Now, money cannot be regarded as an asset, not all money I mean as, most are subject to inflation and many other influences mainly from the government as they are the issuers. Assets aren't something you use in an everyday expenditure and that's very much what is the business with fiat.

Bitcoin ad Gokd perhaps could fit in but, not so much with fiat currencies and still, bitcoin haven't gotten a general acceptance by the masses.

[Paul Pogba]

Money is something that can make us happy or sad, many people do anything for money, it's normal for people to want to sell organs like kidneys to get money, but as humans we have to think positively that helping people in need is a noble act that will make us happy.

[South Park]

do you think money can retain its value?the amount of money in circulation will continue to increase over time,that is why inflation occurs.
as opposed to something that is a fixed amount, since the value will continue to rise all the time, there may be a small correction but in the long term it is not too worrying.

Money should be a store of value as it is one of its most basic characteristics, for example thousands of years ago before money as we know it was created we had commodity currencies, people use commodities to trade with others and on some parts of the world tea was a popular way to trade with others, but tea was not a good form of money, because even if people knew it was valuable it could not act as a store of value as it deteriorated too fast, and this is a similar problem we are facing with fiat now.

[Twentyonepaylots]

do you think money can retain its value?the amount of money in circulation will continue to increase over time,that is why inflation occurs.
as opposed to something that is a fixed amount, since the value will continue to rise all the time, there may be a small correction but in the long term it is not too worrying.

Money should be a store of value as it is one of its most basic characteristics, for example thousands of years ago before money as we know it was created we had commodity currencies, people use commodities to trade with others and on some parts of the world tea was a popular way to trade with others, but tea was not a good form of money, because even if people knew it was valuable it could not act as a store of value as it deteriorated too fast, and this is a similar problem we are facing with fiat now.

Although money will continue to be a stored value in the future, it does not guarantee to be the only one. I think cryptocurrencies will have a great impact on the future of fiat money since it offers a more decentralized way of transactions. This would be of great challenge when a lot of people would recognize and adapt to the advancement of our society through cryptocurrencies. Also, the inflation that is currently experienced in various countries would totally affects the way the stored value of money is seen. The ongoing increase of inflation rate would make low purchasing power of the people. It would probably shift people to digital currency since it really shows more advantages than current fiat money, but all in all I think fiat money would co-exist with cryptos in the future.

[cafee_orange]

I don't agree if you say money is a store of value. I agree more with gold, and land as a store of value. this is because the value of gold always has a stable value, even if the price of gold falls not as badly as the value of money collapses, the same goes for land, every year it always has an increasing value, and land also depends on the area owned by a person.
therefore I prefer gold and land as a store of value

[Supreemo]

yes, it can be stored, but i cannot guarantee its value. we are all aware that for money to become a store value, one must put it inside their respective banks and it is also a method to earn interest as what we commonly call "time deposit", but we are also aware that there is only a little bit if interest rate in which your money can grow, and if you ask me if is it worth it? no, it's not worth it if your money is too little. are the wealthy and relatively rich people put money on their banks? yes, but not that much coz they knew how much it can grow if it is cultivated outside, so they will choose the latter option.

[slapper]

do you think money can retain its value?the amount of money in circulation will continue to increase over time,that is why inflation occurs.
as opposed to something that is a fixed amount, since the value will continue to rise all the time, there may be a small correction but in the long term it is not too worrying.

Keeping our wealth assets in the form of money will indeed only make our wealth assets continue to decrease in value. because money continues to be affected by high inflation. The central bank is currently continuing to raise interest rates to attract customers to make deposits and save more at the bank. but in fact this did not really have much of an impact on reducing inflation. there may be a slight decline but if it continues then the threat of a recession becomes more likely. because even today people are starting to save money and spend less money. so that the circulation of money in the economy has decreased slightly (slowing the velocity of money). and this is also not good in the economic cycle. so for sure the central banks will start lowering their interest rates but that also means the pressure on inflation will be a bit slack. and this is why money cannot be used as a store of value. because money tends not to retain its value. without even realizing it every year money continues to experience a decrease in value little by little.

Money, money, money! Philosophizing about its worth is a mind-bender. You hit the nail on the head – money's a flaky store of value, with its worth spiraling downward due to inflation. It's downright unsettling to ponder how much our cash has depreciated.

Central banks jacked up interest rates, hoping to reel in customers and spur savings, but it barely made a dent in inflation. Cue the existential queries: How do we safeguard our financial assets? Time to ditch old-school saving tactics for fresh investment strategies?

Let's put on our thinking caps, seek inventive ways to invest, and dodge inflation's fallout. We must hunt for methods to shield our money's value and make sure our assets multiply. Bottom line, money ain't the store of value we'd like, but we can play it smart with investments and explore alternatives to bolster and expand our assets.

[worldofcoins]

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.

You are correct that a store of value maintains its worth over time, and money serves as a store of value in an economy.

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.

This is because cash allows people to transfer purchasing power from the present to the future, which makes trade more efficient. Gold and silver can also act as stores of value because they are durable and can retain their value over time.

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.

This ability to store value over time is one of the critical functions of money in an economy.

[Patrol69]

By treasury and money we mean two different things. By money we mean paper money or digital money which we cannot use directly but we can use it by accepting something in exchange for money. But by treasury we basically mean the source of money or the storehouse of money. Your land deposit can be your source of money or everything related to this is treasure. That is, cash is generally not considered as treasury. We can call treasury as financial treasury. where our money is stored, financial treasury or treasury plays a major role behind the development of a country.

[cydrix]

Crypto is the finest because of this. It's not really "money" as we understand it, but it's also not merely an asset. It is advantageous to utilize fiat currency as well as cryptocurrency to make purchases. However, it is also an asset that increases in value. It functions in both directions, and in my opinion, this is what made people adore it so much. Imagine that while it is in your pocket, the value of the money increases continuously. After you use it, the worth of the money increases once more.

[kojektea]

money is an evolution of the previous way of exchanging goods. well you could say it also has value in it even though at first money was just paper. but it became a high value when the state decided to use money as a medium of exchange for goods before using the barter system to exchange goods. The existence of paper money also makes wealth and poverty a consideration that can be mentioned when they can show how much and how little money they have.