What is a Store of Value? - Crypto in Plain English - Episode 138 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it7 Huhti 2022

What is a Store of Value? - Crypto in Plain English - Episode 138 - by cryptohunt.it

What is a Store of Value?

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

You've probably heard the term "store of value", which is usually used in reference to Bitcoin. But what does that actually mean?

Store of value simply means that an asset is seen as one created to park money in.

The most famous store of value is physical gold. People have long invested in it to diversify their portfolio in hopes of steady and relatively stable value increases over time. And there was more to it: throughout history owning gold showed: I am wealthy, and I am powerful.

The idea itself is interesting if you think about it some more: While it finds application in products like electronics and jewelry, the amount of money parked in Gold is much higher than it should be if you just think about its practical use.

You can already see the parallels to Bitcoin. Because it was a proof of concept from the early crypto days, the technology can not keep up with today's demand for speed, transaction volume, and programmability. It does, however, have a place in many investment portfolios with the intention to treat it as a kind of digital gold.

Calling it a store of value though is a pretty large misnomer. Due to the volatility of the crypto markets, Bitcoin's price shoots up and down violently, much more than Gold does.

So: As always, you'll be the judge. Digital gold or simply another speculative asset?

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Jaksot(373)

This new type of supercomputer will eventually break Bitcoin... and all kinds of other technology - Episode 341 - by cryptohunt.it

This new type of supercomputer will eventually break Bitcoin... and all kinds of other technology - Episode 341 - by cryptohunt.it

This new type of supercomputer will eventually break Bitcoin... and all kinds of other technology Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto an...

19 Tammi 20233min

Can Sam Bankman-Fried actually get a fair trial? - Episode 340 - by cryptohunt.it

Can Sam Bankman-Fried actually get a fair trial? - Episode 340 - by cryptohunt.it

Can Sam Bankman-Fried actually get a fair trial? Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain ...

18 Tammi 20232min

Amazon and Avalanche team up - Episode 339 - by cryptohunt.it

Amazon and Avalanche team up - Episode 339 - by cryptohunt.it

Amazon and Avalanche team up Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain English. AVAX, the c...

17 Tammi 20233min

SBF is blogging now - Episode 338 - by cryptohunt.it

SBF is blogging now - Episode 338 - by cryptohunt.it

SBF is blogging now It’s Monday, Jan 16th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining what is happening in crypto and other game-changing ideas. As always: In plain Engli...

16 Tammi 20233min

McDonalds is hungry for NFT attention - Episode 337 - by cryptohunt.it

McDonalds is hungry for NFT attention - Episode 337 - by cryptohunt.it

McDonalds is hungry for NFT attention It’s Friday, Jan 13th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. As a...

13 Tammi 20233min

What does Netflix have to do with NFTs? - Episode 336 - by cryptohunt.it

What does Netflix have to do with NFTs? - Episode 336 - by cryptohunt.it

What does Netflix have to do with NFTs? It’s Thursday, Jan 12th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. ...

12 Tammi 20233min

What's next for ChatGPT? - Episode 335 - by cryptohunt.it

What's next for ChatGPT? - Episode 335 - by cryptohunt.it

What's next for ChatGPT? It’s Wednesday, Jan 11th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. As always: In ...

11 Tammi 20233min

What is the Bonk token - Episode 334 - by cryptohunt.it

What is the Bonk token - Episode 334 - by cryptohunt.it

What is the Bonk token It’s Tuesday, Jan 10th - Welcome to the Cryptohunt Jam, where we spend a minute a day explaining the intersection of exciting new technologies and your world. As always: In plai...

10 Tammi 20232min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
psykopodiaa-podcast
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
rahapuhetta
rss-laakispodi
rss-sisalto-kuntoon
herrasmieshakkerit
rss-lahtijat
rss-bisnesta-bebeja
rss-seuraava-potilas
inderespodi
rss-sami-miettinen-neuvottelija
leadcast
timanttia-hiomassa
rss-kohti-unelmia
rss-juurisyy-johtamisesta-kilpailuetua
rss-porssipodi