Replying to Avatar semisol

Money has less properties compared to most other things that gives it “value”: only that people want to use it

For example, with your 1 hypothetically perfect store of value, if you can right now buy 3 apples, but only 2 next year, is that the money’s value changing?
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btcschellingpt 1y ago

Value is subjective, but money’s purpose is to store savings as effectively as possible. The less money can be meddled with, the more accurately it will preserve for the future

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semisol 1y ago

What are savings?

… “stored” value!

Also even if Bitcoin was a perfectly stable SoV (in terms of design) people can lose trust on it or speculate on it, which suddenly makes the value of the “SoV” volatile

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btcschellingpt 1y ago

Exactly what i started with 🙃

Savings are stored value, and that is the purpose of money 🤝