Author

Topic: We all want to keep our value of wealth my value stone theory (Read 66 times)

legendary
Activity: 2688
Merit: 1192
Lets say i have small stone and i want to have my 1 mil of usd locked in somewhere that i know i always have it.
So i put this stone on market auction i'll buy myself so i will give bidding over others.
Now i got 1 mil USD value so the only question is how to verify my stone the autenthication and that it's the original.
That's where the cryptocurrenciey comes into play you can verify with blockchain.
So what is the btc is the advanched version of stone how to keep value in something but not exacly there is market prices wich goes up and down.
So If anyone can create that stone with cryptocurrency where value is locked in or going higher always then this we call what keep value for us.

You have used a very confused analogy and it isn't quite clear what you are trying to say. Are you talking about a precious gem with a regular market value of $1 million, or some random rock you pick up the floor that you have in your mind valued at $1 million? The latter makes zero sense, because you'd never get any other bidders as it has no value to anyone else. If you are trying to make a point about trust, then sure - you'll find that the price of Bitcoin is largely propped up in the integrity that it has built over the years, the value that the open ledger provides and the fact that it has a similarity with gold in the way that it can be used to store or trade value.
hero member
Activity: 3150
Merit: 937
Lets say i have small stone and i want to have my 1 mil of usd locked in somewhere that i know i always have it.
So i put this stone on market auction i'll buy myself so i will give bidding over others.
Now i got 1 mil USD value so the only question is how to verify my stone the autenthication and that it's the original.
That's where the cryptocurrenciey comes into play you can verify with blockchain.
So what is the btc is the advanched version of stone how to keep value in something but not exacly there is market prices wich goes up and down.
So If anyone can create that stone with cryptocurrency where value is locked in or going higher always then this we call what keep value for us.

Umm, is this a money laundering scheme or something? You can't buy something that you already have. Grin
If you have one stone and 1 million USD, "buying" that stone means that you still have one stone and one million USD. This is complete nonsense. You might be willing to spend 1 million for a stone, but that doesn't mean that somebody else is willing to spend even one dollar for a piece of rock. I guess that your post is supposed to be a joke about the current state of the crypto industry, but your joke isn't funny.
Verifying the ownership of a stone via the blockchain? Are you trying to create a new sort of NFTs or something?
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
First, there is a bit of misconception in OP's detail. Blockchain, especially Bitcoin, isn't all about making arbitrary value for something like the worth of stone; it is all about transparency and trust. The value of Bitcoin isn't "locked" or set, per se, as if it were some sort of fixed asset. Its value is based on supply and demand, and it's these wild swings that make it a store of value but not a stable asset. For example, stablecoins are tied to a real-world currency, like the US Dollar. Stablecoins would be a better bet for those looking for more stability. They are increasingly being used in countries suffering under unstable local currencies-for example, Argentina and Nigeria to combat inflation.

That is a very valid idea of asset verification through blockchain, but it has more to do with the proof of ownership and of authenticity, which, pretty much, is what has been going on with NFTs on the Bitcoin network. With these newer technologies like Ordinals, which let us trace a unique identity for digital assets on Bitcoin, that doesn't mean Bitcoin or any crypto just locks value in-like a rock on an auction.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Lets say i have small stone and i want to have my 1 mil of usd locked in somewhere that i know i always have it.
So i put this stone on market auction i'll buy myself so i will give bidding over others.
Now i got 1 mil USD value so the only question is how to verify my stone the autenthication and that it's the original.
That's where the cryptocurrenciey comes into play you can verify with blockchain.
So what is the btc is the advanched version of stone how to keep value in something but not exacly there is market prices wich goes up and down.
So If anyone can create that stone with cryptocurrency where value is locked in or going higher always then this we call what keep value for us.

I like the analogy of rocks to explain the concept of value coverage. And you are right about cryptocurrencies. Especially through blockchain. It offers a new way to verify and verify ownership. However, I think it's important to point out that one of the problems with Bitcoin (BTC) and many cryptocurrencies is volatility. This makes them very unreliable to always close in value. The price increase makes it difficult to say whether you'll save "$1 million" in the future.

But stable coins solve this problem by pegging the value on a stable asset such as US dollars. This typically gives you more predictable stores of value than Bitcoin or other speculative cryptocurrencies. If you're talking about the establishment of a digital currency, whose value either becomes hidden or keeps going up continuously. Then look for concepts that are DeFi protocols or tokens with deflationary mechanisms. Some projects attempt to release tokens when supply is decreasing or have an incentive for people to hold them. However, it can still be achieved with a large market share.

If you take my opinion, you should invest it in a good place so that it will keep your dollars safe and it will continue to give you profits.In this they will confirm themselves from a good and big shop.  If it is original then you don't need to worry about thing.  If you're worth it it worth it.This is the role of the market when the will goes up and when the will goes down.  If you bought it when did you buy it. If yes, when did it start?  If you have taken it in the same years there must have been some profit.  If you got it from somewhere then all the profit is yours.It will also require investment so if you are talking about duplicates it can harm you because there are very good and smart users of crypto.

You have a good idea about investing in a safe place where you can earn interest. The key to using something like a "stone" or cryptocurrency to lock in value is to make sure that what you're investing in is not only genuine. But it is also stable. That's where blockchain technology comes in. Being able to verify and authenticate assets can give you the peace of mind you need. It is like a trusted store that testifies to the authenticity of a valuable item.

There's volatility in the cryptocurrency market too. And if you are investing in Bitcoin or any such volatile assets, the timing when you buy makes all the difference. This is because prices may shoot up or down. But if you look for a more stable way to keep value-Stable coins, or other crypto-backed assets-It may be more proper to secure long-term safety and opportunities to grow. In this case, there won't be any risk of "duplication" or fraudulent assets.
newbie
Activity: 30
Merit: 0
Lets say i have small stone and i want to have my 1 mil of usd locked in somewhere that i know i always have it.
So i put this stone on market auction i'll buy myself so i will give bidding over others.
Now i got 1 mil USD value so the only question is how to verify my stone the autenthication and that it's the original.
That's where the cryptocurrenciey comes into play you can verify with blockchain.
So what is the btc is the advanched version of stone how to keep value in something but not exacly there is market prices wich goes up and down.
So If anyone can create that stone with cryptocurrency where value is locked in or going higher always then this we call what keep value for us.
If you take my opinion, you should invest it in a good place so that it will keep your dollars safe and it will continue to give you profits.In this they will confirm themselves from a good and big shop.  If it is original then you don't need to worry about thing.  If you're worth it it worth it.This is the role of the market when the will goes up and when the will goes down.  If you bought it when did you buy it. If yes, when did it start?  If you have taken it in the same years there must have been some profit.  If you got it from somewhere then all the profit is yours.It will also require investment so if you are talking about duplicates it can harm you because there are very good and smart users of crypto.
jr. member
Activity: 74
Merit: 3
Lets say i have small stone and i want to have my 1 mil of usd locked in somewhere that i know i always have it.
So i put this stone on market auction i'll buy myself so i will give bidding over others.
Now i got 1 mil USD value so the only question is how to verify my stone the autenthication and that it's the original.
That's where the cryptocurrenciey comes into play you can verify with blockchain.
So what is the btc is the advanched version of stone how to keep value in something but not exacly there is market prices wich goes up and down.
So If anyone can create that stone with cryptocurrency where value is locked in or going higher always then this we call what keep value for us.
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