How the fuck can wealth be stored?

[Anonymous No.53937255]

If one day we /make it/, what currencies should our wealth be stored in? USD is getting inflated away and America will obviously default on its denbts at some point. CAD AUD GBP EUR (western currencies in general) are all complete jokes, following in USD's footsteps. RUB and CNY are directly controlled by authoritarian regimes.
Precious metals have lost their intrinsic value, most governments don't even actually have them in reserves anymore. We already have the technology to create them from scratch, at some point it'll be cheap enough to create them or mine them from extraterrestrial sources. Not to mention their current scarcity is already artificially inflated and physically storing large caches of them would be impractical and liable to theft unless you spend a fuck ton of money on an underground vault with constant security. Buying them in bond or ETF form is practically like trusting fiat currencies.
Keeping wealth in crypto would be retarded because of the volatility and inevitable collapse. Can't keep it in stock markets for the same reason, especially since the value would be measured in the same fiat currencies already riddled with problems.
It just seems like there's no good options for the foreseeable future.

[Anonymous No.53937272]

>>53937255
Water.

[Anonymous No.53937279]

>>53937272
>dude the big short lmao

[Anonymous No.53937281]

You should invest the majority of your net worth into ropes. People will always want to commit suicide.

[Anonymous No.53937303]

>>53937279
Not everyone can make it

[Anonymous No.53937322]

>>53937255
They're clearly aiming for CBDCs worldwide.

[Anonymous No.53937331]

>>53937322
CBDCs would just be representations of USD CAD AUD etc. They wouldn't be their own currencies.

[Anonymous No.53937337]

invest in yourself

[Anonymous No.53937364]

>>53937255
Bitcoin. This is literally why it's created.

[Anonymous No.53937392]

>>53937364
At some point everyone is gonna cash out and no one is going to mine it out of the goodness of their own hearts.

[Anonymous No.53937423]

>>53937392
Ok, I disagree.

[Anonymous No.53937440]

>>53937255
there was a Russian on /pol/ who claimed the Saudis were de-dollarizing and putting their wealth in commodities and raw materials especially metals and other construction materials, and that's why they're announcing these huge multi-trillion dollar construction projects like the city shaped like a line and that other big cube one they just announced

for me, it's XRP and other ISO20022s especially XLM and XDC

[Anonymous No.53937449]

>>53937255
>Precious metals have lost their intrinsic value, most governments don't even actually have them in reserves anymore.
Precious metals have lost their monetary premium. Intrinsic value does not exist, there is no such thing. That they've lost it means they stand to regain it, making them good stores of value to answer your point. Central banks have also been buyers of gold since the 2008 crisis.

[Anonymous No.53937489]

>>53937255
>Precious metals have lost their intrinsic value, >most governments don't even actually have them in reserves anymore.
>We already have the technology to create them from scratch,

lie after lie after lie

[Anonymous No.53937522]

>>53937392

[Anonymous No.53937536]

>>53937255
The Euro is good, because it has an industrial base behind it, meaning it will always buy you stuff

[Anonymous No.53937564]

>>53937423
>>53937522
The only reason people mine it is because people buy it. The only reason people buy it is because they want to sell it later for a greater amount of fiat currency. Tulip mania will end in a crash.
>>53937440
Well that doesn't really help as an individual. Having a scrapyard of slowly rotting raw material is not a store of wealth.
Lol hard no on joining you in XRP and such.
>>53937449
>>53937489
https://en.wikipedia.org/wiki/Synthesis_of_precious_metals
>>53937536
I have doubts the EU will even exist in a couple decades, let alone be able to keep a stable currency.

[Anonymous No.53937601]

>>53937564

[Anonymous No.53937623]

>>53937564
Humanity has found a way to materialize energy but sure, go bet against it.

[Anonymous No.53937645]

>>53937623
Show me a materialized Bitcoin.

[Anonymous No.53937665]

>>53937564
>The only reason people mine it is because people buy it. The only reason people buy it is because they want to sell it later for a greater amount of fiat currency.
Correct, yes, value is the fixed point of mutual expectations.
>Tulip mania will end in a crash.
The idea of the tulip mania comes mostly from a book by journalist Charles Mackay, published 2 centuries later. Mackay not only fell for the railroad mania himself, but also kept defending it as "this time is different" when people started calling it a mania.

[Anonymous No.53937678]

>>53937645
Being material is not a property of money.

[Anonymous No.53937764]

>>53937645
You clearly understand what I'm saying and we have different takes on this topic from the very bottom of it. I've been approaching this idea from every single angle I can for over 10 years now and to me, BTC is the hardest form of money ever created. Now stop farming (you)s from me.

[Anonymous No.53937784]

>>53937564
>I have doubts the EU will even exist in a couple decades, let alone be able to keep a stable currency.
The Euro is incredibly stable. Look it up

[Anonymous No.53937803]

>>53937564
>https://en.wikipedia.org/wiki/Synthesis_of_precious_metals
LMAO are you serious? Do you know how fucking expensive and slow it is to actually synthesize elements in particle accelerators? You could run the CERN supercollider all day every day for 100 years with the sole purpose of trying to make gold and never even make enough to see with the naked eye. This is beyond retarded, anon.

[Anonymous No.53937820]

Diversification is key. :key-emoji:

[Anonymous No.53937821]

>>53937645