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Never store value in money (Was: „Pecunia-non-olet")

Cross-posted to 2 groups.

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Hi,

Also this is extremly stupid:
 > Those who have their wealth
 > in Bitcoin stay safe

If Bitcoin crashes you loose everything,
if you store your wealth in this kind of
money. Its always safer to diversify value

for storage into different instruments.
In as far an economy cannot crash based on
currency problems. Only financial markets can

choke on currency problems. Money is not
anymore tied to gold, because money has become
irrelevant. During a transaction the currency

exchange rates are irrelevant. You would
only experience something if there were
a drastic hourly change. Only uneducated

fools think about money as a value store.
The biggest chunk of value sture is store
in the form of land and buildings, non

movable things, and economies could fall
back to barter economy. Which happens often
during crisis. Basically money is only good for:

Economy Without Financial Markets:
Financial markets provide mechanisms to manage
risk, share investments, and maintain liquidity.
Without them, economies would have fewer tools
for diversifying risk or quickly accessing capital.

Economy Without Money:
Without money, measuring value and coordinating
production and consumption becomes complex. Money
acts as a unit of account, a store of value, and a
medium of exchange. Without these functions, economies
would struggle to establish a common understanding
of value and facilitate trade on a large scale.

But its not for storage.

Bye

Mild Shock schrieb:
> Hi,
> 
> Bitcoin is infected by Nazis. Its long gone a
> left movement, it has become a far right movement.
> 
> What are you talking about? Here is a list of
> some far right advocates:
> 
> - Peter Boehringer (AfD Germany)
> https://www.presseportal.de/pm/110332/5915082
> 
> There is a constant critique of central banks
> in these circles, and they see for example
> Central Bank Digital Currency (CBDC) as an
> 
> additional threat, to more control over the
> populace. But Bitcoin is also not completely
> anonymous, you see the transactions in the
> 
> distributed ledger and possibly harder and harder
> to avoid KYC (Know Your Customer) regulations. For
> example ETFs are typically not anonynmous for tax
> 
> reasons. I think the fallacy here is that one thinks
> money can make a divide between good and evil. This has
> never been the case, „Pecunia-non-olet", there is
> 
> no guarantee that Bitcoin isn't used in evil manners.
> 
> Bye
> 
> Physfitfreak schrieb:
>> On 1/22/25 4:28 AM, Mild Shock wrote:
>>>
>>> who knows when and what will happen?
>>
>>
>> Any sane person in the world knows what will happen.
>>
>> What will happen is what has happened over and over again in the past 
>> 30 years. USA and Europe one morning wake up and feel their dicks 
>> erected, therefore freeze dollar assets of some nation in the world 
>> who dares to respond to Nazis the correct way.
>>
>> Those who have their wealth in Bitcoin stay safe, those who trusted 
>> Nazis lose all their money.
> 

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      Re: Bit careful with Bitcoin bertietaylor@myyahoo.com (Bertietaylor) - 2025-01-21 16:56 +0000
        Re: Bit careful with Bitcoin hertz778@gmail.com (rhertz) - 2025-01-21 17:44 +0000
          Re: Bit careful with Bitcoin bertietaylor@myyahoo.com (Bertietaylor) - 2025-01-22 03:16 +0000
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