Nostronaut on Nostr: Conviction is good. Your analysis is overly simplistic though in my view. There are ...

Conviction is good. Your analysis is overly simplistic though in my view. There are stock markets in the world that aren’t as overvalued as the US stock market. While bitcoin is amazing without doubt I always remind myself that it’s the companies that create the actual things we use and consume every day. Gold ha some properties that Bitcoin doesn’t have. Yes, sounds stupid but you can touch it and actually physically give it to someone. You can physically hide it. This is different from seed phrase management and has its own upsides and downsides. Real estate has a utility value und provides something fundamental: shelter from the elements. In summary, I won’t get blinded by digital promises and forget that we live in a physical world by the end of the day. Bitcoin is probably the greatest invention in centuries, but it is NOT the answer to all our problems. To many, but not to all.