[FRIAM] murder offsets

[⛧ glen]

This isn't what you asked for. But I'd argue against storing value at all, anywhere. That's for 2 reasons: 1) often, not you or anyone here necessarily, what people who think 'storing value' really want is *rent* ... to make money without contributing productively. And 2) hoarding doesn't imply value. Money contributes to the world by it's *movement*, by changing hands. So a savings account or money market can (somewhat passively) help the world more than burying cash in your yard. But *spending* money helps the world in innumerable ways, especially when it's not to buy arbitrary stuff, but to encourage others to do work ... like .... [cough] ... write poetry or brew beer.

On April 14, 2021 2:49:55 PM PDT, Pieter Steenekamp <pieters at randcontrols.co.za> wrote:
>I am a strong supporter of Bitcoin. Sure there are negatives, it's not
>all
>just positive. There also are risks, Bitcoin could lose all it's value.
>The
>main reason why I support it is because it's probably one of the best
>ways
>to store value. With all the crazy printing of fiat currencies all
>around
>the world, is there a good argument that any fiat currency will keep
>it's
>value? I'd really like to listen to these arguments with an open mind.
>I'd
>also like to listen to arguments why any other way to store value is
>significantly better than Bitcoin.
>But, I'm not saying it's the only way to store value and I'm definitely
>not
>advocating to store all your value in Bitcoin. A portfolio where some
>portion, dependent on individual circumstances, is stored in Bitcoin is
>in
>my opinion very good.

-- 
glen ⛧