S!ayer on Nostr: No, that's inflation hedging. Store of value is any currency held in that locale. I ...

No, that's inflation hedging.

Store of value is any currency held in that locale.

I illustrated the usd example.

Purchasing power may rise and fall but as a store of value, that's it. PP relates to inflation rate.

It's why people sell out of bitcoin and hold usdt, because usdt is a store of value and bitcoin is not.

Usdt 100 is usdt 100 in 24 hours

Btc won't be the same price.

Gold won't be the same price.

Both above fluctuate on market conditions and supply/demand levers. Usdt does not, only requires usd 1:1 reserve. It can be printed or burned, but remains stable, a store of value.

I think this is finance 201 and Econ 101, buy could be mistaken.