**Summary:**
In this video, the speaker discusses the concept of a store of value, contemplating assets like Hive, HBD, gold, silver, the US dollar, and Bitcoin. The discussion evolves around the idea of value being a human construct agreed upon by individuals, with examples from real estate and currency markets. The speaker questions the effectiveness of Bitcoin and gold as stores of value, while acknowledging the stability of the US dollar. The role of cryptocurrencies like Hive and HBD as speculative plays versus stores of value are explored, with a focus on utility and volatility. The speaker emphasizes the importance of understanding value as a perceived concept and criticizes ideological frameworks built on misinterpretations.

**Detailed Article:**
The video delves into a deep analysis of the concept of a store of value, starting with a fundamental question, "What is value?" The speaker emphasizes that value is a human construct agreed upon by individuals and is thus perceived and not intrinsic. Through examples like the construction and sale of a house, he demonstrates how value can fluctuate based on various factors and is subject to agreement between parties involved in transactions.

The discussion then transitions to the consideration of different assets as stores of value, including traditional ones like gold, real estate, and the US dollar, alongside newer forms such as Bitcoin, Hive, and HBD. The speaker questions the effectiveness of Bitcoin and gold as stores of value, pointing out Bitcoin's significant drop from its all-time high and gold's recent decline in value. In contrast, he highlights the stability and utility of the US dollar as a safe haven, especially evident during market turmoil like the pandemic-induced lockdowns.

The speaker then shifts focus to Hive and HBD, analyzing their potential as stores of value. While acknowledging the speculative nature of Hive, he questions its store of value credentials due to its high volatility. In the case of HBD, he explores the unique situation it offers with its back-to-back exchange for Hive, highlighting the role of utility in determining its value and store of value potential. The discussion touches upon the resilience of HBD during the bear market and the importance of utility in enhancing its value proposition.

Moreover, the speaker draws attention to the evolution of value over time, citing historical examples like aluminum's transition from a valuable to a widely available metal as technology advanced. He contemplates the future of stores of value, suggesting that digital assets like Bitcoin or stable coins might gain prominence in a progressively digital world.

In conclusion, the speaker emphasizes the importance of acknowledging value as a subjective, agreed-upon concept in economic transactions. He contrasts this pragmatic approach with ideological frameworks that may be built on misconceptions or false assumptions. Overall, the video provides a thought-provoking analysis of stores of value, blending insights from traditional assets with emerging cryptocurrencies like Hive and HBD.

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*Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.*

the difference between the two markets is abysmal and things are certainly not going well at all, although at first all changes are resisted, but soon everything will be solved and we will return to the bull market

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Your critique on the Store of Value properties of assets should be based on the average values over full cycles, don't you think?

<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 114 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-113-and-start-week-114) just started...you can now check the winners of the previous week!</center><center><sub>10</sub></center>

https://twitter.com/shortsegments/status/1547370987036913665
<sub> The rewards earned on this comment will go directly to the people( @shortsegments ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>

I am beginning to understand the dynamics of trading, [defi](https://leofinance.io/@leoglossary/leoglossary-decentralized-finance-defi), [stable coins](https://leofinance.io/@leoglossary/leoglossary-stablecoin), the ups, the downs, the holding versus selling to remove your [capitol](v]https://leofinance.io/@leoglossary/leoglossary-capital) and some profit. And the wisdom of the flight to [stable coins](https://leofinance.io/@leoglossary/leoglossary-stablecoin). [HBD](https://leofinance.io/@crypto-guides/what-are-hive-backed-dollars-hbd) has been a reliable [store of value](https://leofinance.io/@leoglossary/leoglossary-store-of-value), an this point was missed by me. It's odd that you can read and write these ideas, but it's not until you live them, that they become real. These thoughts are not just theories, but realities.

> So what is going on?

For me? Incoming cents again. Like as if it would be 2017 again. I am rebuilding my Hive Dollars (HBD) savings literally cents by cents.