Here at The Nyc & Griff Show we like to talk about money, economics, business, investments...Bitcoin. Hoping to answer some questions and learn along the way.
Bitcoin - An economy by the people, for the people. Store of value, medium of exchange, unit of account, and property...what isn't it?
Store of value:
In this episode of The Nyc & Griff Show, we consider the Store of Value properties of Bitcoin compared to several other options. A store of value is any commodity or asset that would normally retain purchasing power into the future and is the function of the asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. What exactly does this look like in our current system and where is Bitcoin connected? Have a good listen!
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