{"id":4107,"date":"2023-02-07T12:16:47","date_gmt":"2023-02-07T11:16:47","guid":{"rendered":"https:\/\/www.veracash.com\/?page_id=4107"},"modified":"2023-02-07T12:16:47","modified_gmt":"2023-02-07T11:16:47","slug":"monnaie","status":"publish","type":"page","link":"https:\/\/www.veracash.com\/fr\/monnaie","title":{"rendered":"Monnaie"},"content":{"rendered":"
[vc_row unlock_row_content=\u00a0\u00bbyes\u00a0\u00bb row_height_percent=\u00a0\u00bb0″ override_padding=\u00a0\u00bbyes\u00a0\u00bb h_padding=\u00a0\u00bb2″ top_padding=\u00a0\u00bb3″ bottom_padding=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ gutter_size=\u00a0\u00bb4″ column_width_use_pixel=\u00a0\u00bbyes\u00a0\u00bb shift_y=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ el_class=\u00a0\u00bbinverted-device-order\u00a0\u00bb column_width_pixel=\u00a0\u00bb1600″ uncode_shortcode_id=\u00a0\u00bb262981″][vc_column column_width_percent=\u00a0\u00bb100″ position_vertical=\u00a0\u00bbmiddle\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb0″ mobile_width=\u00a0\u00bb0″ width=\u00a0\u00bb5\/12″][vc_custom_heading heading_semantic=\u00a0\u00bbh1″ text_size=\u00a0\u00bbh1″ uncode_shortcode_id=\u00a0\u00bb110632″]Le VRC, la monnaie adoss\u00e9e \u00e0 l’or[\/vc_custom_heading][vc_column_text uncode_shortcode_id=\u00a0\u00bb101679″]Au fil des si\u00e8cles, la monnaie a \u00e9volu\u00e9 et a chang\u00e9 de nature m\u00eame : de monnaie marchandise \u00e0 monnaie fiduciaire et cryptomonnaie en passant par monnaie repr\u00e9sentative, notre moyen d\u2019\u00e9change a subi des transformations radicales \u00e0 de nombreuses reprises. Chez VeraCash, nous sommes persuad\u00e9s que l\u2019or joue un parfait r\u00f4le en tant qu\u2019instrument mon\u00e9taire, et nous allons vous expliquer pourquoi.[\/vc_column_text][vc_button button_color=\u00a0\u00bbaccent\u00a0\u00bb border_width=\u00a0\u00bb0″ link=\u00a0\u00bburl:%23|||\u00a0\u00bb]Click the button[\/vc_button][\/vc_column][vc_column width=\u00a0\u00bb7\/12″][vc_single_image media=\u00a0\u00bb1392″ media_width_percent=\u00a0\u00bb100″ media_ratio=\u00a0\u00bbfour-three\u00a0\u00bb][\/vc_column][\/vc_row][vc_row row_height_percent=\u00a0\u00bb0″ override_padding=\u00a0\u00bbyes\u00a0\u00bb h_padding=\u00a0\u00bb0″ top_padding=\u00a0\u00bb3″ bottom_padding=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ gutter_size=\u00a0\u00bb100″ column_width_percent=\u00a0\u00bb100″ shift_y=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ style=\u00a0\u00bbinherited\u00a0\u00bb row_name=\u00a0\u00bbAbout Us\u00a0\u00bb uncode_shortcode_id=\u00a0\u00bb278835″][vc_column column_width_percent=\u00a0\u00bb100″ position_vertical=\u00a0\u00bbmiddle\u00a0\u00bb align_horizontal=\u00a0\u00bbalign_center\u00a0\u00bb gutter_size=\u00a0\u00bb4″ overlay_alpha=\u00a0\u00bb100″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb0″ mobile_width=\u00a0\u00bb0″ zoom_width=\u00a0\u00bb0″ zoom_height=\u00a0\u00bb0″ width=\u00a0\u00bb1\/1″][vc_row_inner][vc_column_inner column_width_use_pixel=\u00a0\u00bbyes\u00a0\u00bb align_horizontal=\u00a0\u00bbalign_center\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb0″ mobile_width=\u00a0\u00bb0″ width=\u00a0\u00bb1\/1″ column_width_pixel=\u00a0\u00bb600″][vc_custom_heading uncode_shortcode_id=\u00a0\u00bb178536″]Avantage de l’or comme monnaie[\/vc_custom_heading][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_inner_height_percent=\u00a0\u00bb0″ overlay_alpha=\u00a0\u00bb100″ gutter_size=\u00a0\u00bb4″ shift_y=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″][vc_column_inner column_width_percent=\u00a0\u00bb100″ align_horizontal=\u00a0\u00bbalign_center\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb100″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb3″ mobile_width=\u00a0\u00bb7″ zoom_width=\u00a0\u00bb0″ zoom_height=\u00a0\u00bb0″ width=\u00a0\u00bb1\/4″][vc_icon icon=\u00a0\u00bbfa fa-video3″ icon_color=\u00a0\u00bbaccent\u00a0\u00bb size=\u00a0\u00bbfa-3x\u00a0\u00bb linked_title=\u00a0\u00bbyes\u00a0\u00bb text_reduced=\u00a0\u00bbyes\u00a0\u00bb align=\u00a0\u00bbleft\u00a0\u00bb title=\u00a0\u00bbSouple comme une cryptomonnaie\u00a0\u00bb uncode_shortcode_id=\u00a0\u00bb465800″ icon_color_type=\u00a0\u00bbuncode-palette\u00a0\u00bb]Quelle que soit l\u2019\u00e9poque, le pays ou la situation \u00e9conomique, l\u2019or a toujours \u00e9t\u00e9 reconnu comme un m\u00e9tal pr\u00e9cieux.
\nSa valeur ne d\u00e9pend ni d\u2019un \u00c9tat, ni d\u2019une monnaie, ni d\u2019un groupe de personnes : elle lui est propre.[\/vc_icon][\/vc_column_inner][vc_column_inner column_width_percent=\u00a0\u00bb100″ align_horizontal=\u00a0\u00bbalign_center\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb100″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb3″ mobile_width=\u00a0\u00bb7″ zoom_width=\u00a0\u00bb0″ zoom_height=\u00a0\u00bb0″ width=\u00a0\u00bb1\/4″][vc_icon icon=\u00a0\u00bbfa fa-mobile2″ icon_color=\u00a0\u00bbaccent\u00a0\u00bb size=\u00a0\u00bbfa-3x\u00a0\u00bb text_reduced=\u00a0\u00bbyes\u00a0\u00bb align=\u00a0\u00bbleft\u00a0\u00bb title=\u00a0\u00bbStable comme des lingots d’or\u00a0\u00bb uncode_shortcode_id=\u00a0\u00bb107273″ icon_color_type=\u00a0\u00bbuncode-palette\u00a0\u00bb]Les monnaies se d\u00e9valuent dans le temps et un capital \u00e9pargn\u00e9 dans une quelconque devise n\u00e9cessite un taux d\u2019int\u00e9r\u00eat pour que sa valeur compense cette d\u00e9valuation. L\u2019or ne se d\u00e9value jamais, c\u2019est pourquoi m\u00eame les banques centrales ach\u00e8tent r\u00e9guli\u00e8rement de l’or afin de se constituer une r\u00e9serve de valeur permanente et insensible aux crises.[\/vc_icon][\/vc_column_inner][vc_column_inner column_width_percent=\u00a0\u00bb100″ align_horizontal=\u00a0\u00bbalign_center\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb100″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb3″ mobile_width=\u00a0\u00bb7″ zoom_width=\u00a0\u00bb0″ zoom_height=\u00a0\u00bb0″ width=\u00a0\u00bb1\/4″][vc_icon icon=\u00a0\u00bbfa fa-tools\u00a0\u00bb icon_color=\u00a0\u00bbaccent\u00a0\u00bb size=\u00a0\u00bbfa-3x\u00a0\u00bb linked_title=\u00a0\u00bbyes\u00a0\u00bb text_reduced=\u00a0\u00bbyes\u00a0\u00bb align=\u00a0\u00bbleft\u00a0\u00bb title=\u00a0\u00bb\u00c9co-responsable comme une monnaie compl\u00e9mentaire\u00a0\u00bb uncode_shortcode_id=\u00a0\u00bb544301″ icon_color_type=\u00a0\u00bbuncode-palette\u00a0\u00bb]L\u2019or conserve sa valeur d\u2019\u00e9change en d\u00e9pit des turbulences \u00e9conomiques et financi\u00e8res \u00e0 travers le temps : un Napol\u00e9on de 20 francs or permettait d’acheter une bicyclette en 1912 et c’est toujours le cas aujourd’hui alors m\u00eame que les prix ont \u00e9t\u00e9 multipli\u00e9s par 800 depuis cette \u00e9poque ![\/vc_icon][\/vc_column_inner][vc_column_inner column_width_percent=\u00a0\u00bb100″ align_horizontal=\u00a0\u00bbalign_center\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_visibility=\u00a0\u00bbyes\u00a0\u00bb medium_width=\u00a0\u00bb3″ mobile_width=\u00a0\u00bb7″ width=\u00a0\u00bb1\/4″][vc_icon icon=\u00a0\u00bbfa fa-layers2″ icon_color=\u00a0\u00bbaccent\u00a0\u00bb size=\u00a0\u00bbfa-3x\u00a0\u00bb text_reduced=\u00a0\u00bbyes\u00a0\u00bb align=\u00a0\u00bbleft\u00a0\u00bb title=\u00a0\u00bbL\u2019or peut parfois g\u00e9n\u00e9rer une plus-value\u00a0\u00bb uncode_shortcode_id=\u00a0\u00bb105855″ icon_color_type=\u00a0\u00bbuncode-palette\u00a0\u00bb]M\u00eame si l\u2019or n\u2019a pas de rendement \u00e0 proprement parler, il peut toutefois s\u2019appr\u00e9cier en temps de crise et permettre alors une plus-value \u00e0 la revente suivant le prix auquel on l\u2019a achet\u00e9 ; pour information, la valeur de l\u2019or a progress\u00e9 de 8.69% par an en moyenne sur les vingt derni\u00e8res ann\u00e9es.[\/vc_icon][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row row_height_percent=\u00a0\u00bb50″ override_padding=\u00a0\u00bbyes\u00a0\u00bb h_padding=\u00a0\u00bb0″ top_padding=\u00a0\u00bb4″ bottom_padding=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ gutter_size=\u00a0\u00bb4″ column_width_percent=\u00a0\u00bb100″ shift_y=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ el_class=\u00a0\u00bbinverted-device-order\u00a0\u00bb uncode_shortcode_id=\u00a0\u00bb177513″][vc_column column_width_use_pixel=\u00a0\u00bbyes\u00a0\u00bb position_vertical=\u00a0\u00bbmiddle\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb0″ mobile_width=\u00a0\u00bb0″ width=\u00a0\u00bb1\/2″ column_width_pixel=\u00a0\u00bb900″][vc_custom_heading uncode_shortcode_id=\u00a0\u00bb211152″]La monnaie \u00e0 travers l\u2019histoire[\/vc_custom_heading][vc_column_text uncode_shortcode_id=\u00a0\u00bb142433″]A la base, et ce pendant longtemps, les \u00e9changes se monnayaient par le biais d\u2019un produit ou d\u2019une mati\u00e8re poss\u00e9dant de la valeur : le sel, bien que peu pratique, \u00e9tait par exemple une monnaie. Puis ces mati\u00e8res et m\u00e9taux ont \u00e9t\u00e9 abandonn\u00e9s petit \u00e0 petit, au profit du papier : dans un premier temps, celui-ci \u00e9tait \u00e9changeable contre de l\u2019or, comme l\u2019\u00e9tait le dollar suite aux Accords de Bretton Woods, puis le papier a fini par se lib\u00e9rer de son sous-jacent, et est devenu la monnaie fiat.<\/p>\n
Il est cependant int\u00e9ressant de noter que la monnaie fiat existe depuis longtemps, mais a \u00e9t\u00e9, \u00e0 de nombreuses reprises, abandonn\u00e9e,\u00a0suite \u00e0 des cas d\u2019hyperinflation.[\/vc_column_text][\/vc_column][vc_column column_width_percent=\u00a0\u00bb100″ position_vertical=\u00a0\u00bbmiddle\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb0″ mobile_width=\u00a0\u00bb0″ width=\u00a0\u00bb1\/2″ uncode_shortcode_id=\u00a0\u00bb133047″][vc_single_image media=\u00a0\u00bb1393″ media_width_percent=\u00a0\u00bb100″ media_ratio=\u00a0\u00bbfour-three\u00a0\u00bb][\/vc_column][\/vc_row][vc_row row_height_percent=\u00a0\u00bb50″ override_padding=\u00a0\u00bbyes\u00a0\u00bb h_padding=\u00a0\u00bb0″ top_padding=\u00a0\u00bb3″ bottom_padding=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ gutter_size=\u00a0\u00bb4″ column_width_percent=\u00a0\u00bb100″ shift_y=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ uncode_shortcode_id=\u00a0\u00bb140138″][vc_column width=\u00a0\u00bb1\/2″][vc_single_image media=\u00a0\u00bb1393″ media_width_percent=\u00a0\u00bb100″ media_ratio=\u00a0\u00bbfour-three\u00a0\u00bb][\/vc_column][vc_column column_width_use_pixel=\u00a0\u00bbyes\u00a0\u00bb position_vertical=\u00a0\u00bbmiddle\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb0″ mobile_width=\u00a0\u00bb0″ width=\u00a0\u00bb1\/2″ column_width_pixel=\u00a0\u00bb900″][vc_custom_heading uncode_shortcode_id=\u00a0\u00bb131624″]Comment la monnaie est-elle cr\u00e9\u00e9e ?[\/vc_custom_heading][vc_column_text uncode_shortcode_id=\u00a0\u00bb160457″]La monnaie fiat, celle que l\u2019on utilise aujourd\u2019hui, n\u2019a pas de valeur intrins\u00e8que : sa valeur repose uniquement sur la confiance que nous lui accordons. Elle n\u2019a ainsi pas de sous-jacent, et la v\u00e9rit\u00e9, c\u2019est qu\u2019aujourd\u2019hui, il y a tr\u00e8s peu de monnaie tr\u00e9buchante. Notre argent a compl\u00e8tement \u00e9t\u00e9 virtualis\u00e9, facilitant ainsi sa cr\u00e9ation :<\/p>\n
[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_height_percent=\u00a0\u00bb0″ override_padding=\u00a0\u00bbyes\u00a0\u00bb h_padding=\u00a0\u00bb2″ top_padding=\u00a0\u00bb5″ bottom_padding=\u00a0\u00bb5″ overlay_alpha=\u00a0\u00bb50″ gutter_size=\u00a0\u00bb3″ column_width_percent=\u00a0\u00bb100″ shift_y=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″][vc_column column_width_use_pixel=\u00a0\u00bbyes\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb0″ mobile_width=\u00a0\u00bb0″ width=\u00a0\u00bb1\/1″ column_width_pixel=\u00a0\u00bb900″][vc_custom_heading heading_semantic=\u00a0\u00bbp\u00a0\u00bb text_size=\u00a0\u00bbh3″ uncode_shortcode_id=\u00a0\u00bb157203″]\u00ab\u00a0Cette monnaie ayant cours l\u00e9gal est \u00e9mise par une banque centrale, mais ne peut, contrairement \u00e0 la monnaie repr\u00e9sentative, \u00eatre convertie, par exemple, en un poids fixe d\u2019or. Elle n\u2019a pas de valeur intrins\u00e8que \u2013 le papier utilis\u00e9 pour la fabrication des billets n\u2019ayant en principe aucune valeur \u2013, mais elle est accept\u00e9e en \u00e9change de biens et de services, car la population fait confiance \u00e0 la banque centrale en ce qui concerne le maintien de la stabilit\u00e9 de la monnaie sur la dur\u00e9e. Si les banques centrales \u00e9chouaient dans cette mission, la monnaie fiduciaire perdrait son \u00ab acceptabilit\u00e9 \u00bb en tant que moyen d\u2019\u00e9change et son attrait comme r\u00e9serve de valeur.\u00a0\u00bb<\/em>[\/vc_custom_heading][vc_column_text uncode_shortcode_id=\u00a0\u00bb107180″]\u2014 Banque Centrale Europ\u00e9enne[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_height_percent=\u00a0\u00bb50″ override_padding=\u00a0\u00bbyes\u00a0\u00bb h_padding=\u00a0\u00bb0″ top_padding=\u00a0\u00bb3″ bottom_padding=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ gutter_size=\u00a0\u00bb4″ column_width_percent=\u00a0\u00bb100″ shift_y=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ el_class=\u00a0\u00bbinverted-device-order\u00a0\u00bb uncode_shortcode_id=\u00a0\u00bb166997″][vc_column column_width_use_pixel=\u00a0\u00bbyes\u00a0\u00bb position_vertical=\u00a0\u00bbmiddle\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb0″ mobile_width=\u00a0\u00bb0″ width=\u00a0\u00bb1\/2″ column_width_pixel=\u00a0\u00bb900″][vc_custom_heading uncode_shortcode_id=\u00a0\u00bb806701″]Pourquoi une monnaie adoss\u00e9e \u00e0 l\u2019or ?[\/vc_custom_heading][vc_column_text uncode_shortcode_id=\u00a0\u00bb589323″]Comme dit plus haut, l\u2019euro, le dollar, et n\u2019importe quelle autre devise, n\u2019ont pas de valeur intrins\u00e8que. A l\u2019inverse, l\u2019or, ou l\u2019argent, n\u00e9cessitent tous deux du temps et de l\u2019argent lors de l\u2019extraction et de la frappe. Sa valeur s\u2019indexe donc sur du travail effectu\u00e9 et des ressources utilis\u00e9es. L\u2019or est aussi en quantit\u00e9 limit\u00e9e, il est inoxydable et cr\u00e9er de l’or \u00e0 partir d’autre chose que de l’or est impossible, ce qui limite grandement la contrefa\u00e7on.[\/vc_column_text][\/vc_column][vc_column width=\u00a0\u00bb1\/2″][vc_single_image media=\u00a0\u00bb1393″ media_width_percent=\u00a0\u00bb100″ media_ratio=\u00a0\u00bbfour-three\u00a0\u00bb][\/vc_column][\/vc_row][vc_row row_height_percent=\u00a0\u00bb50″ override_padding=\u00a0\u00bbyes\u00a0\u00bb h_padding=\u00a0\u00bb0″ top_padding=\u00a0\u00bb3″ bottom_padding=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ gutter_size=\u00a0\u00bb4″ column_width_percent=\u00a0\u00bb100″ shift_y=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ uncode_shortcode_id=\u00a0\u00bb942799″][vc_column width=\u00a0\u00bb1\/2″][vc_single_image media=\u00a0\u00bb1393″ media_width_percent=\u00a0\u00bb100″ media_ratio=\u00a0\u00bbfour-three\u00a0\u00bb][\/vc_column][vc_column column_width_use_pixel=\u00a0\u00bbyes\u00a0\u00bb position_vertical=\u00a0\u00bbmiddle\u00a0\u00bb gutter_size=\u00a0\u00bb3″ overlay_alpha=\u00a0\u00bb50″ shift_x=\u00a0\u00bb0″ shift_y=\u00a0\u00bb0″ shift_y_down=\u00a0\u00bb0″ z_index=\u00a0\u00bb0″ medium_width=\u00a0\u00bb0″ mobile_width=\u00a0\u00bb0″ width=\u00a0\u00bb1\/2″ column_width_pixel=\u00a0\u00bb900″][vc_custom_heading uncode_shortcode_id=\u00a0\u00bb844652″]VRC, une monnaie \u00e0 la rencontre de plusieurs mondes[\/vc_custom_heading][vc_column_text uncode_shortcode_id=\u00a0\u00bb716027″]L\u2019or VeraCash a pour but de redonner sens \u00e0 la monnaie, et de redonner une image moderne \u00e0 l\u2019or. 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