Crypto Currencies as a Store Of Value

Most people these days consider to be a good store of value, given it's limited reserve BTC is for sure a better store of value than any fiat currency. However is BTC a good store of value compared to other crypto currencies ?

Firstly, what would make a good store of Value:

A store of value is any form of wealth that maintains its value without depreciating. Commodities such as gold and other forms of metal are good stores of value, as their shelf lives are essentially perpetual[..]

Read more: Store Of Value https://www.investopedia.com/terms/s/storeofvalue.asp#ixzz514te3DR8

This talk by Pierce Brock

makes a great point about current state of use cases of crypto currencies.

On the back of that one really good case for a store of value in the crypto world would be a crypto currency that returns value by holding it, in a stock market this would be talked as dividends.

In the crypto markets there are more than one approach to this, one important development would be something called "proof of stake", in simple terms the funds you keep would be used in order to confirm transactions on the network as opposed to some other confirmations like a central authority for fiat money or "proof of work" algorithm used by BTC which confirms transactions through it's miners.

I recommend going through this article for the curious minds: http://cryptocurrencyfacts.com/proof-of-stake-pos/ or for more technical people give a read to Vitalik's article https://blog.ethereum.org/2014/11/25/proof-stake-learned-love-weak-subjectivity/ and a comparison of the two https://medium.com/@karthik.seshu/cryptocurrency-proof-of-work-vs-proof-of-stake-e1eee1420b10.

In the regards of privacy focused crypto assets, it looks like PIVx is the first one to adopt the Proof Of Stake algorithm as per https://news.bitcoin.com/pr-pivx-brings-absolute-privacy-to-proof-of-stake-cryptocurrencies-with-zerocoin-protocol-implementation/ .

Some other ways of Storing Value can be seen at ETC, ethereum's fork where as per Charles Hoskinson at the ETC recent summit,

making ETC a store of value was one of the main philosophical differences that caused the hard fork from ETH.

Neo is a quick practical example, by holding Neo in a wallet like Neon you will be paid Gas. For estimating the gains there are some calculators online, https://neotogas.com/ would be one of them.

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Aside from proof of stake, a popular way of getting dividends paid in the crypto world is by buying Masternodes which in a way combine miners with stake holding (as you have to buy them with a fixed amount in the currency their running for). One such network is DASH, with PIVx close followers. Steem's witnesess would be a similar model.

Carter Thomas talks a little bit about it

for someone looking to acquire one these days.

Investin in it maintains a list of crypto assets that rely on masternodes https://www.investitin.com/masternode-list/ as well as a list of crypto funds that can serve well people looking to delegate their funds for investment purposes.

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BitConnect has a unique way of using the coin as a store of value, as you buy BCC in order to lend them on their network. Some more details can be found on their blog https://bitconnect.co/bitcoin-information/19/investing-in-bitconnect-lending. If you'd like you can create an account using my reference using this link: https://bitconnect.co/?ref=decebal2dac or the ref code decebal2dac.

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Polybius, a project aiming to be the first bank on the blockchain, proposes to release a quarterly divided for token holders.

Short recap of mechanisms:

• "Proof Of Stake" blockchains
• Masternodes
• Dividends
• Interest on loans