BTC_for_Freedom on Nostr: Real Estate, gold and stocks are so bad at storing value that rich people diversify ...
Real Estate, gold and stocks are so bad at storing value that rich people diversify with art.
The Mona Lisa painting is likely worth over $1B. Scarcity gives it this price, but it needs security, have few buyers, is almost useless and needs to be taken care of. It can also be destroyd. And you need a huge insurance on it.
Imagine what happens when people that puts their wealth in these type of objects understand that #bitcoin is infinitely scarce with no downsides.
The Mona Lisa painting is likely worth over $1B. Scarcity gives it this price, but it needs security, have few buyers, is almost useless and needs to be taken care of. It can also be destroyd. And you need a huge insurance on it.
Imagine what happens when people that puts their wealth in these type of objects understand that #bitcoin is infinitely scarce with no downsides.