Mike on Nostr: This is how I see it: Land is the ultimate asset, beyond BTC, however it is finite ...
This is how I see it:
Land is the ultimate asset, beyond BTC, however it is finite and stable, takes a long time to sell and is non fungible.
Property is effectively a layer 2 to land, but unlike land, it can be printed (built) and inflated, i.e. you can knock down a house and build a tower block and it has been tainted by the 2008 crises.
Bitcoin, on the other hand is being rapidly adopted and so is increasing in value exponentially, but this will end once it reaches parity with other asset classes. It is backed by power and compute power, but that requires constant power and compute being made available.
If you are talking multi-generational, then, once Bitcoin has reached parity, you should shift to land for multigenerational stability (150+ years).
That is my strategy for the next 150 years.
Land is the ultimate asset, beyond BTC, however it is finite and stable, takes a long time to sell and is non fungible.
Property is effectively a layer 2 to land, but unlike land, it can be printed (built) and inflated, i.e. you can knock down a house and build a tower block and it has been tainted by the 2008 crises.
Bitcoin, on the other hand is being rapidly adopted and so is increasing in value exponentially, but this will end once it reaches parity with other asset classes. It is backed by power and compute power, but that requires constant power and compute being made available.
If you are talking multi-generational, then, once Bitcoin has reached parity, you should shift to land for multigenerational stability (150+ years).
That is my strategy for the next 150 years.