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>Welcome to reality. You'll laugh now, but if you want to hold something of lasting value, that's kinda how it works. Yeah, when I own a bunch of equity, real
by ABCLAW 4y ago
>Welcome to reality. You'll laugh now, but if you want to hold something of lasting value, that's kinda how it works.
Yeah, when I own a bunch of equity, real estate and other intangible rights, I do my best to fit them all into my back pocket too.
Sure sucks trying to fit a few hundred acres of well placed development ready subdivisions in my jeans, though.
- reedjosh 4y agoIf these societal constructs fail what good are they? Don't get me wrong, I think they're all probably decent as investments, buy they're a completely different asset class. I put BTC in the Gold/Silver category in that it can be a hedge against societal issues. In this particular moment, I see BTC as a hedge against the ongoing de-dollarization and eventual inflation or plain lack of purchasing power that could cause. I also see it as a means of censorship resistance. Further BTC or any sufficiently distributed money is a way to limit bank/government power since they actually have to tax instead of minting new money.