[FRIAM] murder offsets

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That's completely reasonable. And I admit to having dabbled in *coins. But the larger issue of stocks and flows is more interesting. What interests me most is the use of stocks to harmonize a diversity of flow rates. There, storage is a means to an end, not an end in itself. And it's important to avoid over-reduction into a single (or too few) "materials" that are doing the flowing. The recent ERCOT problem in Texas is a good example. Another good example is water rights across states given watersheds, flood irrigation, etc. <https://www.theguardian.com/us-news/2021/apr/05/arizona-water-one-percenters>

So, the question you're asking (how might "storage" in BTC be less preferable to other assets?) isn't really answerable *without* first discussing what that reservoir is *for*, what end does it serve?

On 4/15/21 1:52 AM, Pieter Steenekamp wrote:
> I assume you mean passive storing value like in fiat or crypto currency or for example art for the purpose of storing value.
> I agree with your sentiments, but I would not take it to the extreme. IMHO, to oil the wheels of productivity in society some storing of value in passive form is required. Like Tesla buying Bitcoin to store value. And I believe in personal responsibility, I want to store some of my value in liquid passive assets. I don't have any trust in fiat currency's ability to maintain its value for long periods, because governments all over the world are printing fiat money like there is no tomorrow. Maybe it's good, I don't have a clue, but I certainly don't think that's a good way to preserve the value of the currency for long periods. So, I choose to put a portion of my assets in Bitcoin. If disaster strikes and I need money in the future I don't want to necessarily sell off my stake in productive value storing (like a business, or shares in a company).


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