Page 2 - Store Value News Today

Stores wont take crypto currency. its what is called a unit of account, which is you go to the store and does the store say $8 or how many bitcoin it will cost? its a store value but its a pretty rotten store value. when i get $10 out of the atm, im pretty sure ill still have $10 tomorrow. when i have a bitcoin it might be worth $60,000 one day and $30,000 the next, and i just dont need that sort of risk in my life, frankly. >> thats fair. give us the other side of this argument in favor of thes...

Because youre going to lose this is a babe ruth card a babe ruth card i bought four years ago for $125,000 this is a 750,000 card to date. baseball cards collectible cards are crushing gold. gold should only compete directly for armageddon end the world or insurance policy. not -- dan: your final response. peter one final response from you i have 15 sendings left. go ahead. >> patrick got born at the end of a huge gold bowl market from $35 an ounce to $508 so you cant make particular point of ti...

Because youre going to lose this is a babe ruth card a babe ruth card i bought four years ago for $125,000 this is a 750,000 card to date. baseball cards collectible cards are crushing gold. gold should only compete directly for armageddon end the world or insurance policy. not -- dan: your final response. peter one final response from you i have 15 sendings left. go ahead. >> patrick got born at the end of a huge gold bowl market from $35 an ounce to $508 so you cant make particular point of ti...

Because youre going to lose this is a babe ruth card a babe ruth card i bought four years ago for $125,000 this is a 750,000 card to date. baseball cards collectible cards are crushing gold. gold should only compete directly for armageddon end the world or insurance policy. not -- dan: your final response. peter one final response from you i have 15 sendings left. go ahead. >> patrick got born at the end of a huge gold bowl market from $35 an ounce to $508 so you cant make particular point of ti...

That you are going to take your entire salary in bitcoin. im a huge fan. i love that idea. how does that work? does the city of miami have bitcoin and they will pay you in that? talk to me about it. >> we use a third party vendor that converts the fiat, the dollar eequivalencey of my salary and gives me directly bitcoin. we had our chief innovation officer test it out a couple weeks ago and its another way for us to be what i call the bitcoin capital of the world. when you have see places like c...

U.S. Senator Lummis buys Bitcoins more and more, and now her portfolio for BTC stands between $50K and $100K.

Store value and this is kind of a recent phenomenon. the art market has become kind of global phenomenon. i mean people collected art in all cultures for thousands of years literally, but the market, what were talking about right now is in some ways a new phenomenon. the type of market that were talking about is a relatively new animal and you know, its great for artists because if youre a talented artist and you are entering the market now as a young artist who really has talent, i think youre ...

Of gold and exchange it for goods and services and thats where -- >> its not going to loose all of its value. one of the ways you suggest investing in gold is through exchange traded funds. you buy them with your trading account. the spticker simple is gl, you look at the one-year change on that, 28%, it has gained. why do you think -- how does that fit into someones portfolio? >> it directly tracks the price of gold. 1/10 of an ounce of gold. if you want to participate in gold, this is a liquid...