Talk:Store of value

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Store of Value a misnomer[edit]

Value is subjective and cannot be stored. Wealth is objective and can be stored.

I propose to change the title to Store of wealth and set up a redirect for store of value. David.hillary (talk) 05:21, 20 December 2007 (UTC)[reply]

A Store of Value in economics is any commodity or enforceable contract that can be expected to relieve the need for one's future labor or to provide for one's future comfort or which can be expected to command (or purchase) the labor of others in the future. --The Trucker 03:45, 9 December 2005 (UTC)[reply]

It seems to be a fairly established phrase. This is how our references describe it. However if reliable sources can be found to support User:David.hillary's contention then that should be included in the article. - Shiftchange (talk) 09:14, 17 January 2017 (UTC)[reply]

Other stores[edit]

This section could be expanded easily with descriptions of what the advantages and disadvantages of each class is. - Shiftchange (talk) 09:14, 17 January 2017 (UTC)[reply]

Cryptocurrency is not a "store of value"[edit]

It has only existed for a short time span. There's no empirical evidence that Bitcoin will store value in the long term. I hope Wikipedia's editors take responsibility if Bitcoin crashes and people loses their life's savings on Bitcoin because they read on Wikipedia that it is a store of value. — Preceding unsigned comment added by 78.71.209.195 (talk) 14:42, 15 September 2017 (UTC)[reply]

Wikipedia is NON POV... not a place for political or economic advice. This page has clearly been edited with the section Speculative investment intended to propose bitcoin is dangerous because of some personal grievance rather than based on any economic or other consensus. Unless the section can be cleaned up or presented with solid primary sources, I suggest deletion of that section. 70.112.24.193 (talk) 01:57, 11 February 2021 (UTC)[reply]

Fix Speculative investments section[edit]

I'm the user who made the edits under IP 70.112.24.193. (I was on mobile and didn't remeber my old account info since its been a long time since i logged in). Anyhow I've posted the maintenance tags because the section seems POV and has no sources.

I'm sure cryptocurrency is going to be a hot topic, so I think we should be good stewards of wiki policy here and make sure we are reporting "what people are saying rather than what is so"

So the section mentioned is written in a fairly informal manner, weasel worded, and no citations. It comes across as if purpose built to single out bitcoin, especially given the pages edit history, ie.. previous talk page comment about "Wikipedia's editors take responsibility if Bitcoin crashes and people loses their life's savings".

That said, I think the page is in need of some assessment of current economic views on cryptocurrencies. but I'm guessing there's no simple clear consensus at the moment. So my suggestion is to delete the section, since I don't think there's value in saying something specific about "speculative investments" vis a vis stores of value. From what I understand any store of value has some level of risk inherent, with differing risk levels, hence why people build balanced portfolios. Real Estate which is listed as a store of value is clearly also usually accepted as a "speculative investment"

So since this is a page about the concept of "store of value" we could have a section specific to cryptocurrencies perhaps that lays out the debate on both sides about its ability to be a store of value. That might prevent people from simply trying to add it to the list as an accepted understanding, and also adding things like this section that basically make no sense, or worse I can imagine politically motivated edit wars on the subject.

If the community agrees I can see if I can find some sources that outline the debate on both sides and draft a new section. CandleInTheDark (talk) 22:30, 12 February 2021 (UTC)[reply]

I just did a cited rewrite. I figure NYT and FT are good enough to note that it's a thing that's widely claimed, but also a thing that's not widely accepted - David Gerard (talk) 22:53, 12 February 2021 (UTC)[reply]

Edited a bit for what I believe is a bit more neutral POV and some more references. Thanks David for the initial draft. CandleInTheDark (talk) 23:59, 12 February 2021 (UTC)[reply]