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by grlthng
1629 days ago
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A low velocity financial instrument is still useful if it stores value, even if it has no other utility. Gold locked in a vault, rolex watch that is stored in a safe, stock whose voting rights are not utilized, a house that nobody lives in, pokemon cards that isn't used in a card game. The list is endless and I guess if you're really asset poor you wouldn't see a value in these things. |
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