SOV
9.3
Something people keep because it keeps or increases its worth over time
- noun
- Specialized
:
reserva de valor
- Gold has traditionally been viewed as a reliable SOV that can withstand economic turmoil.
Examples
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Many investors believe that Bitcoin can serve as a SOV due to its limited supply.
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For preserving wealth, many people consider real estate to be the best SOV available.
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I fully agree that people should not use fiat as a SOV, only as MOE.
Blog text (21) -
Only as the major 'stable' currencies start being debased, is there only gold left as SOV (forget silver, no CB holds it, and they are part of the giants).
Blog text (21)
Surface Forms
Etymology
SOV comes from the first letters of store of value, meaning 'an item kept because it keeps its worth'. That's why people call gold or certain assets a SOV when they want something to protect or grow their money over time.
