kane on Nostr: Wealth accumulation is about the denominator, though we put all our focus on the ...
Wealth accumulation is about the denominator, though we put all our focus on the numerator.
What’s most important about money is its soundness which includes the habits and principles it encourages and teaches.
Money has been a unit of measure since the beginning of time. The only measuring unit to outlast all crises and good times has been #gold. #Bitcoin is challenging that, but has yet to replace it. Like all good things, this process is no different and will require significant time + energy.
In a worst case, Bitcoin could turn out to just be gold 2.0, but for the internet and value to travel across a digital world.
Again, what’s important about money and wealth creation is our ability to store it across time. To date, gold is that measure, until bitcoin displaces it… if or when it does.
Here are a few key charts that help us measure true wealth rather than than the wealth we see flashed in our collections of things or 💪 postings of lavish desired lifestyle in online pictures.
Stocks: +128% over 15yrs, relative to gold.
Oil: -67%
Bonds: -46%
#BTC: +9,352% (over 10yrs)
USD: -48%
Tech Stocks: +416%
EM: -9% (over 13yrs)
Developed Int’l: +29%
As you can see, your unit of measure matters regardless and f how much stuff you see people accumulating with deflating stacks of currency. It may appear that you have wealth, but when measured correctly… you’ve lost almost half while spinning your wheels faster and faster.
Sound money assets help us level set back to the principled and value systems we’ve gradually meander away from; over decades.
Flip through the charts… see for yourself. Share this with someone you think needs to hear it 📢.
What’s most important about money is its soundness which includes the habits and principles it encourages and teaches.
Money has been a unit of measure since the beginning of time. The only measuring unit to outlast all crises and good times has been #gold. #Bitcoin is challenging that, but has yet to replace it. Like all good things, this process is no different and will require significant time + energy.
In a worst case, Bitcoin could turn out to just be gold 2.0, but for the internet and value to travel across a digital world.
Again, what’s important about money and wealth creation is our ability to store it across time. To date, gold is that measure, until bitcoin displaces it… if or when it does.
Here are a few key charts that help us measure true wealth rather than than the wealth we see flashed in our collections of things or 💪 postings of lavish desired lifestyle in online pictures.
Stocks: +128% over 15yrs, relative to gold.
Oil: -67%
Bonds: -46%
#BTC: +9,352% (over 10yrs)
USD: -48%
Tech Stocks: +416%
EM: -9% (over 13yrs)
Developed Int’l: +29%
As you can see, your unit of measure matters regardless and f how much stuff you see people accumulating with deflating stacks of currency. It may appear that you have wealth, but when measured correctly… you’ve lost almost half while spinning your wheels faster and faster.
Sound money assets help us level set back to the principled and value systems we’ve gradually meander away from; over decades.
Flip through the charts… see for yourself. Share this with someone you think needs to hear it 📢.