Editing Store of value (section)

==Other stores of value==
[[File:Bond of National Loan issued by Polish National Government 1863.png|thumb|Polish National Government bond, 1863]]
[[File:Gold-295936.jpg|thumb|Commodities such as [[Gold reserve|gold]] and other precious metals have historically been good stores of value]]

The term [[cash]] is often used to indicate both [[currency]], which is usually represented by [[paper money]] or [[coins]] in [[developed country|industrialized countries]],<ref name=currency/> and sums [[Deposit (finance)|deposited]] and payable almost immediately on order.

Apart from [[cash]], [[legal tender]] issued on the ''[[Glossary_of_policy_debate_terms#Fiat|fiat]]'' of a [[sovereign government]],<ref>{{Britannica URL|money/cash-money|Cash}}</ref><ref>{{Britannica URL|money/money|Money}}</ref> examples of [[asset|assets]] used as potential stores of value are:

* [[Financial asset|Financial assets]], e.g. [[Stock|stocks]], [[Bond (finance)|bonds]] and other [[fixed income]] [[investments]], [[Investment fund|investment funds]], [[private equity]]
* [[Real estate investing|Real estate]], e.g. [[home-ownership]], [[rental property]], or through [[security (finance)|financial securities]] or [[Fractional ownership#Real_property|fractional ownership]]<ref>{{Britannica URL|money/real-estate-investing|Wondering how to invest in real estate? Four ways to get started}}</ref>
* [[Commodity|Commodities]] (especially through [[financial assets]]), such as [[natural gas]] or [[soybean]]<ref>{{Britannica URL|money/investing-in-gold|Gold-plated investing strategy? Shiny metal and your portfolio}}</ref>
* [[Gold as an investment#Investment_vehicles|Physical gold]] or other [[Precious metal|precious metals]], such as [[gold coin|gold coins]], [[platinum as an investment|platinum]] or [[silver as an investment|silver]] [[Bullion|bullions]]<ref>{{Britannica URL|money/what-are-commodities|What are commodities?}}</ref>
* [[Collectible]]s or [[Work of art|artworks]], e.g. [[gemstone]]s, [[antiques]], [[coin collecting|coins]], [[paintings]], [[investment wine|wines]]<ref>{{Britannica URL|money/how-to-invest-in-collectibles|How to invest in art and collectibles: From pastime to portfolio}}</ref><ref>{{Britannica URL|money/investment-types|Investment types}}</ref><ref>{{cite web|url=https://corporatefinanceinstitute.com/resources/valuation/store-of-value/|title=Store of value|publisher=Corporate Finance Institute|access-date=August 1, 2024|quote=A store of value is an asset, currency, or commodity that maintains its value over a long period. An item would be considered a store of value if its value is either stable or increases over time but doesn’t depreciate.}}</ref>

In addition, [[currency]] can take many alternative forms, such as [[cryptocurrency]], [[livestock]] (e.g. some [[List of currencies in Africa#Pre-colonial era|pre-colonial African currencies]]),<ref name=currency>{{Britannica URL|money/currency|Currency}}</ref> [[labor voucher]]s, [[gift economy]] relationships or  [[stored-value card]]s (value is recorded directly on [[computer chips]] of the cards).<ref>{{Britannica URL|money/Credit-and-money|Credit and money}}</ref>

While the above-mentioned assets may be inconvenient to trade daily or store, and may vary in [[value (economics)|value]] quite significantly, they are expected to rarely lose all value. It need not be a [[capital asset]] at all, merely have economic value that is not believed to disappear even in the worst situation.

The disadvantage for land, houses and property as a store for value is that it may take time to find a buyer for those assets.<ref name="mpap" /> 

As stores of value, gold and precious metals are generally favored to industrial commodities, because of their demand and rarity in nature, which reduces the risk of [[devaluation]] associated with increased production and supply.

[[Cryptocurrency|Cryptocurrency's]] role as a store of value is currently a matter of debate.<ref>{{Cite web|url=https://www.cnbc.com/2020/12/17/mark-cuban-bitcoin-is-a-store-of-value-that-is-more-religion.html|title=Mark Cuban: Bitcoin is 'more religion than solution' and won't help in 'doomsday scenarios'|publisher=[[CNBC]]|date=17 December 2020}}</ref><ref>{{Cite news|url=https://www.ft.com/content/625fbd5a-d90c-434f-998d-5e0eeb4c0f71 |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/625fbd5a-d90c-434f-998d-5e0eeb4c0f71 |archive-date=2022-12-10 |url-access=subscription|title=Bitcoin has ambitions for gold's role|newspaper=Financial Times|date=10 January 2021|last1=Davies|first1=Gavyn}}</ref><ref>{{Cite news|url=https://www.nytimes.com/2017/12/15/business/bitcoin-investing.html|title=What is Bitcoin Really Worth? Don't Even Ask|newspaper=The New York Times|date=15 December 2017|last1=Shiller|first1=Robert J.}}</ref><ref>{{Cite web|url=https://www.cnbc.com/2018/01/16/skeptics-say-bitcoin-has-no-value-heres-why-theyre-wrong.html|title=As bitcoin's price plunges, skeptics say the cryptocurrency has no value. Here's one argument for why they're wrong|publisher=[[CNBC]]|date=16 January 2018}}</ref> The [[Internal Revenue Service]] has issued guidance on "virtual currencies" that refers to them as "a medium of exchange, a unit of account, and/or a store of value."<ref>{{Cite web|url=https://www.irs.gov/irb/2014-16_IRB#NOT-2014-21|title=Internal Revenue Bulletin: 2014-16 &#124; Internal Revenue Service}}</ref> The cryptocurrency [[Bitcoin]] is often compared by advocates to [[gold]].<ref>{{Cite web|url=https://www.cnbc.com/2021/02/04/tom-lee-on-bitcoins-price-and-why-its-better-than-gold.html|title=Tom Lee gives the long-term bullish case for bitcoin and why it's better than gold|publisher=[[CNBC]]|date=4 February 2021}}</ref><ref>{{Cite web|url=https://www.cnbc.com/2021/01/05/jpmorgan-bitcoin-price-could-rise-to-146k-as-it-competes-with-gold.html|title=JPMorgan says bitcoin could rise to $146,000 long term as it competes with gold|publisher=[[CNBC]]|date=5 January 2021}}</ref> In their role as a store of value, cryptocurrencies often elicit concern, due to their extreme [[volatility (finance)|volatility]],<ref>{{Cite news|url=https://www.nytimes.com/2017/12/15/business/bitcoin-investing.html|title=What is Bitcoin Really Worth? Don't Even Ask|newspaper=The New York Times|date=15 December 2017|last1=Shiller|first1=Robert J.}}</ref> or due to concerns about the emergence of regulation and contradictory handling by governments.<ref>{{Cite web|url=https://www.theregreview.org/2020/08/31/feinstein-werbach-does-regulation-chill-cryptocurrency-trading/|title=Does Regulation Chill Cryptocurrency Trading? |work=The Regulatory Review|date=31 August 2020}}</ref> Note that the Bitcoin blockchain ledger is unalterable and that Bitcoin cannot be taken from someone, except by force, known as the 'five-dollar wrench attack'.<ref>{{Cite web |last=Kamau |first=Rufas |title=How To Send And Receive Bitcoin Privately |url=https://www.forbes.com/sites/rufaskamau/2022/10/24/how-to-send--and-receive-bitcoin-privately/ |access-date=2022-11-05 |website=Forbes |language=en}}</ref>