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

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.