this post was submitted on 10 Aug 2024
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Technology

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[–] freedomsailor@programming.dev 3 points 3 months ago (9 children)

What asset would you consider a good value reserve?

[–] kbal@fedia.io 23 points 3 months ago (4 children)

A small plot of land with good soil and a steady supply of fresh water, a good education, and a sturdy pair of boots.

[–] freedomsailor@programming.dev 3 points 3 months ago (1 children)

I don’t think you got it. So everything you get extra from this work would be used to multiply the same work? Also, you got me curious: why a small plot, not more?

[–] kbal@fedia.io 9 points 3 months ago

If you can afford more than a small plot of land in this economy, you've probably been hoarding too much wealth. I know it's a very popular hobby, but it's quite bad for you if taken to excess. But this is getting somewhat off-topic.

Some kind of technology that resembles today's cryptocurrencies may or may not have a future. As they exist right now none of them are anything like a good investment opportunity or a safe store of value.

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