The Role of Store of Value in Wealth Management

The concept of store of value is essential in wealth management. In the United States, the wealthy view store of value as owning assets like buildings, sports teams, artworks, or a diversified portfolio of stocks. While the middle class considers investment funds like Vanguard 500 or S&P index as a store of value. Wealthy individuals have utilized assets like real estate for centuries as a store of value. When considering Bitcoin, viewing it as digital property rather than a currency eliminates common criticisms and objections. It is highlighted that in the world, there is a vast amount of wealth seeking to be a store of value, while only a small portion wants to be a medium of exchange. Emphasizing store of value as digital capital presents a profound perspective.

Transcript

Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.

🤯 How amazing is this app?!

Sophie

App Store

Snipd helps me keep track of everything I resonated with from a show. I can always find my snips, listen to them again, share them. And there are so many great product updates regularly! Like the feature to chat with the episode: I can retrieve even more knowledge from an episode 🥹 I’m in love with this app 🤍

The game changer for learning from podcasts!

Nelson

App Store

I used to use a different app that was able to save excerpts from podcast and really enjoyed it. I could listen to the podcast and quickly save things that I wanted to come back to later. Snipd take this to a whole new level with AI integration, creating summaries of podcasts and summarizing the main takeaways from what I’ve saved and snipped. I really love how it helps me prioritize what podcast to listen to with it summaries & deep dives.