英語 での Store of value の使用例とその 日本語 への翻訳
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Bitcoin is not a currency because a currency is supposed to be a stablestore of value and the currency that can fluctuate 25% in a day can't beused for instance to pay wages because wages drop by 25% in a day.
During his speech at the event, he decried Bitcoin for its lack of qualities relating to usage as a currency and a store of value.
Bitcoin and other early cryptocurrencies have failed as an“attractive means of payment or store of value,” says a new report from the G7 and Bank of International Settlements(BIS).
Indeed, the physical physical store of value is still earning its name as a safe haven asset while the digital alternative has yet to be able to.
For hundreds of years, the private sector and the public sector have interacted on how to provide money that works as a store of value and as an efficient medium of exchange.
That the economics of the network actively incentivizes this is what gives it the potential to become the most secure and trusted store of value in history.
In neo-classical economic theory, hyperinflation is rooted in a deterioration of the monetary base that is the confidence that there is a store of value which the currency will be able to command later.
In a 2013 paper published by David Yernack, the professor of finance at New York University stated that, for any currency to be useful to society, it should be able to function as a medium of exchange, a store of value….
While crypto-assets are at times referred to as"crypto-currencies", the Committee is of the view that such assets do not reliably provide the standard functions of money and are unsafe to rely on as a medium of exchange or store of value.
In February 2018, Bank of England governor Mark Carney said that cryptocurrencies have"failed" to behave as currencies because they are not an effective"store of value" and because"nobody uses[them] as a medium of exchange.".
While cryptoassets are at times referred to as"cryptocurrencies", the Committee believes that such assets do not reliably perform the standard functions of money and are unsafe to rely on as a medium of exchange or store of value.
As long as major trading platforms and financial intermediaries do not accept payments in VCs, their transactional role will remain limited and they will fulfil mainly the third function of money, the store of value- that is, they will serve as one of many investment assets.
During the same interview while talking about Bitcoin exchange-traded funds(ETFs), Tim Seymour, founder and chief investment officer of Seymour Asset Management, declared that Bitcoin's function as a store of value is questionable.
Cryptocurrencies have the potential to radically transform our concepts of money, store of value, and the means by which assets are exchanged the world over. This is particularly so for Ethereum.”.
There are many definitions of what a store of value is but let's keep things simple here and let us proceed from this common definition of the term store of value:"A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved.
As reported by CoinDesk, Thiel was quoted in October of last year saying he believes the critics of bitcoin are“underestimating” the cryptocurrency and that bitcoin is like gold- meaning it has more potential as a long-term store of value than as an everyday payment method.
Bitcoin is not a store of value.
Gold as an alternative store of value.
The most renowned store of value is gold.
It's a speculative store of value like gold.