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Not the parent but buying assets and not holding more fiat than I need personally.
by nightski 4y ago
Not the parent but buying assets and not holding more fiat than I need personally.
- andsoitis 4y agoYeah. Each medium of wealth storage has tradeoffs, so being categorically opposed to one type because of ideological principles seems suboptimal to me. For example, fiat may be subject to devaluation, but is stable, widely accepted, highly liquid and (cash) is anonymous. Bitcoin is subject to speculation, so prices are highly volatile, amongst other downsides. Land tends to maintain or grow in value, subject to interest rates, tax environment, and adjacent developments, and is very illiquid.