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I'm betting that finally there is an asset that works as store of value that doesn't deflate and which is easy to use. Let's be honest, BTC could be the best on

I'm betting that finally there is an asset that works as store of value that doesn't deflate and which is easy to use. Let's be honest, BTC could be the best one. Owning gold (or other rare metal) is an assle. Need a safe place to store it and transport it is so risky. Or I need to trust someone else or an institution to hold it if I don't want to hold it myself. Real estate takes a lot of time and research to chose a proper investment. Besides, what I want to store 100 dollars only? Or 10000? not enough for that. And REITs again require a lot of research and are not risk-free. Then you have other assets like art and so on, but again, needs research, and what are the likelyhood of findind something exactly at my price range? Besides they can be destroyed in fire or something else. Also not stocks sorry. I don't want to risk my hard earned money. Maybe part of it, i can, and I nicely get some positive return. But not all. Also not bonds or bank interest. I don't want to have my money stuck for years. I want something where I can easily set and forget, liquid, immaterial, which is safe, and where I don't need to trust anybody but myself. It doesn't even need to appreciate, just hold its value. What do you propose besides BTC? I don't see anything that can be potentially better.

smt88 5y ago
How is BTC a better store of value than real estate or gold? It literally has no intrinsic value, unlike real estate or gold. Stocks are also technically valuable because they are a share of a real company and that company's profits.
- tomputer 5y ago
  These are also a store of value / investments but Bitcoin is different. As far as I know, I can not buy small parts of real estate. Gold supply is not fixed and it’s hard to validate. Companies can go bankrupt. I can not transfer real estate, gold or stocks over the internet to someone else directly, without using a third party.
  - smt88 5y ago
    > As far as I know, I can not buy small parts of real estate. Of course you can[1]. > Gold supply is not fixed and it’s hard to validate. Gold supply is more difficult to shock than crypto supply. > Companies can go bankrupt. Yes they can, but that doesn't mean you lose your stake in them. Large, public companies go bankrupt very slowly anyway. You usually have years of warning. > I can not transfer real estate, gold or stocks over the internet to someone else directly, without using a third party. How many people self-host their wallet? Very, very few. Also, you can absolutely buy stocks without an intermediary[2]. I don't see why you'd want to, though. 1. https://www.investopedia.com/top-reits-4582128 https://www.investopedia.com/top-reits-4582128 2. https://www.investor.gov/introduction-investing/investing-basics/glossary/direct-investment-plans-buying-stock-directly https://www.investor.gov/introduction-investing/investing-ba...
    - tomputer 5y ago
      Didn’t know about real estate trust funds. Thanks! :)

smt88 5y ago

How is BTC a better store of value than real estate or gold? It literally has no intrinsic value, unlike real estate or gold. Stocks are also technically valuable because they are a share of a real company and that company's profits.

tomputer 5y ago
These are also a store of value / investments but Bitcoin is different. As far as I know, I can not buy small parts of real estate. Gold supply is not fixed and it’s hard to validate. Companies can go bankrupt. I can not transfer real estate, gold or stocks over the internet to someone else directly, without using a third party.
- smt88 5y ago
  > As far as I know, I can not buy small parts of real estate. Of course you can[1]. > Gold supply is not fixed and it’s hard to validate. Gold supply is more difficult to shock than crypto supply. > Companies can go bankrupt. Yes they can, but that doesn't mean you lose your stake in them. Large, public companies go bankrupt very slowly anyway. You usually have years of warning. > I can not transfer real estate, gold or stocks over the internet to someone else directly, without using a third party. How many people self-host their wallet? Very, very few. Also, you can absolutely buy stocks without an intermediary[2]. I don't see why you'd want to, though. 1. https://www.investopedia.com/top-reits-4582128 https://www.investopedia.com/top-reits-4582128 2. https://www.investor.gov/introduction-investing/investing-basics/glossary/direct-investment-plans-buying-stock-directly https://www.investor.gov/introduction-investing/investing-ba...
  - tomputer 5y ago
    Didn’t know about real estate trust funds. Thanks! :)