Where is the safest place to Store Value? The Evolution from Grain to Gold to Bitcoin and ICO’s

Disclaimer — this might be my most rambling blog I have ever written — In it i’m openly considering a few topics that currently consume my thinking. It might be my most rambling blog post ever but ideologically it is the one which I have committed most to and if you commit to reading it I’m certain you will find value in some, if not most, all of it.

I’m fascinated by the fact certain things can be ‘a store of value’

Grain, Gold, Dollars and now Bitcoin

The thinking is that in times of strife these things will maintain the value we have invested in them and we will be able to redeem them for value if needed (or not in the case of Bitcoin if you listen to some people).

Initially this started out with grain. This is understandable on a number of levels. Mainly though, grain has an obvious utility — it can be consumed.

Gold had less utility, but could be manufactured and turned into jewlery.

Dollars had less utility again. They were ofcourse linked to the ever reliable US federal bank, which was linked to the gold standard until the 70’s. Laterly, since it departed from being tied to the price…