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   🎓 Doc Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Wednesday, 13-Dec-2023 19:10:36 JST 🎓 Doc Freemo :jpf: 🇳🇱

   • Niclas Hedhman

   @thatguyoverthere

   If that were true he wouldnt be able to buy anything eith it. The fact that the value changes over long periods of time is not the same as saying its worthless..

   @niclas

   • Embed this notice
     🎓 Doc Freemo :jpf: 🇳🇱 (freemo@qoto.org)'s status on Wednesday, 13-Dec-2023 19:31:00 JST 🎓 Doc Freemo :jpf: 🇳🇱

     in reply to

     • Niclas Hedhman

     @niclas

     Money should have a store of value but does not need to be a "perfect store of value"... money can loose value over time, so long as it is a slow process, and it is still a store of value.

     Much like a bucket that very slowly leaks is still a store of water, it just isnt a perfect store of water.

     But more important to the fact is that this is a **desirable** quality... We want money to slowly loose value because that encourages investment rather than hoarding.

     @thatguyoverthere

   • Embed this notice
     Niclas Hedhman (niclas@angrytoday.com)'s status on Wednesday, 13-Dec-2023 19:31:02 JST Niclas Hedhman

     in reply to

     @freemo

     I am claiming that "Currency" is not "Money" since one of the defining characteristics of "Money" is "Store of Value", and "Currency" doesn't have that characteristic.

     @thatguyoverthere