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How is BTC a better store of value than real estate or gold? It literally has no intrinsic value, unlike real estate or gold. Stocks are also technically valuab
by smt88 6y ago
How is BTC a better store of value than real estate or gold? It literally has no intrinsic value, unlike real estate or gold. Stocks are also technically valuable because they are a share of a real company and that company's profits.
- tomputer 6y agoThese are also a store of value / investments but Bitcoin is different. As far as I know, I can not buy small parts of real estate. Gold supply is not fixed and it’s hard to validate. Companies can go bankrupt. I can not transfer real estate, gold or stocks over the internet to someone else directly, without using a third party.
- smt88 6y ago> As far as I know, I can not buy small parts of real estate. Of course you can[1]. > Gold supply is not fixed and it’s hard to validate. Gold supply is more difficult to shock than crypto supply. > Companies can go bankrupt. Yes they can, but that doesn't mean you lose your stake in them. Large, public companies go bankrupt very slowly anyway. You usually have years of warning. > I can not transfer real estate, gold or stocks over the internet to someone else directly, without using a third party. How many people self-host their wallet? Very, very few. Also, you can absolutely buy stocks without an intermediary[2]. I don't see why you'd want to, though. 1. https://www.investopedia.com/top-reits-4582128 https://www.investopedia.com/top-reits-4582128 2. https://www.investor.gov/introduction-investing/investing-basics/glossary/direct-investment-plans-buying-stock-directly https://www.investor.gov/introduction-investing/investing-ba...
- tomputer 6y agoDidn’t know about real estate trust funds. Thanks! :)