Storing wealth doesn't redirect capital away from businesses. It represents the possessor deciding to temporarily step away from the continuous auction process

Storing wealth doesn't redirect capital away from businesses. It represents the possessor deciding to temporarily step away from the continuous auction process to allocate productive capacity ("the market") which increases the purchasing power of those who remain, to either invest in capital goods or consumable goods. Buying monetized assets (real estate, gold, bitcoin) is not economically harmful - in fact, it's better than reflexively buying index funds, which is basically the other option.