• @freedomsailor
    link
    31 month ago

    What asset would you consider a good value reserve?

    • kbal
      link
      fedilink
      231 month ago

      A small plot of land with good soil and a steady supply of fresh water, a good education, and a sturdy pair of boots.

      • @freedomsailor
        link
        31 month ago

        I don’t think you got it. So everything you get extra from this work would be used to multiply the same work? Also, you got me curious: why a small plot, not more?

        • kbal
          link
          fedilink
          91 month ago

          If you can afford more than a small plot of land in this economy, you’ve probably been hoarding too much wealth. I know it’s a very popular hobby, but it’s quite bad for you if taken to excess. But this is getting somewhat off-topic.

          Some kind of technology that resembles today’s cryptocurrencies may or may not have a future. As they exist right now none of them are anything like a good investment opportunity or a safe store of value.

      • @onlinepersona
        link
        21 month ago

        So, something the majority of people can never attain. Awesome.

        Or are you going to hand me a plot of land that isn’t as big as a thimble? If so, sign me up. I want it.

        Anti Commercial-AI license

      • @[email protected]
        link
        fedilink
        129 days ago

        Unless you can defend that plot of land against a few of the largest superpowers combined… that land is only yours as long as your country wants to defend your ownership of it.

        Water is already not yours in most places, and supplies are not guaranteed to last. Education gets lost with age, amnesia, dementia, and death. A sturdy pair of boots rarely lasts as much as a single lifetime.

    • @[email protected]
      link
      fedilink
      English
      3
      edit-2
      1 month ago

      Back when Bitcoin was released, nobody was giving a thought to computer energy use.

      VT for long term
      Money Market Funds for short term