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store of value
noun
economics the function of money that enables goods and services to be paid for a considerable time after they have been acquired
Example Sentences
“In an environment of persistent geopolitical uncertainty, shifting interest rate expectations, and questions around the reliability of fiat currencies such as the U.S. dollar, gold remains a trusted store of value that’s independent of any one government or financial system,” Cavatoni said.
That’s because crytpos are often perceived as a safety play — a store of value.
Stablecoins — essentially money-market funds for the crypto world — have been heralded as a mechanism for transmitting instant cross-border payments, streamlining financial networks, representing collateral in wholesale financial settlements and a store of value.
If it were a stable store of value, its price wouldn’t skyrocket any more than it would collapse.
And if it were to happen, how could gold be a stable store of value?
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