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I am coming to realization that money has no real value. It's pretty shocking, actually.
Whether this includes bitcoin, it is still an open question, but better than the rest, of course.
I can use money in my pocket right now of course, but what about a situation when some goods are absent as it started happening (mostly outside of US for now)?
I am also a bit shocked that bitcoin did not go up 50% recently, considering what happened with fiat. Flat city.
Does property have value? Maybe, unless you are not the 'right' person at the time. If you are not, people might not respect your property rights.
So, chalk off property as well. It has been a nice 77 years of stability in that respect, not anymore.
What is of value: imho, it is your geographical location, access to readily available resources (I am talking about food and water mostly), freedom of movement.
Bitcoin could play a role in the last two (or even all three) params.
If we consider the whole global situation and the stocks dumping, bitcoin is holding pretty well at this moment. The fiat currencies, most of them are trying to escape into the dolar first, so at the begining the dolar holds better at first, but if this thing continues, the world situation continues like that, its just a matter of time dolar goes south too. Whether this includes bitcoin, it is still an open question, but better than the rest, of course.
I can use money in my pocket right now of course, but what about a situation when some goods are absent as it started happening (mostly outside of US for now)?
I am also a bit shocked that bitcoin did not go up 50% recently, considering what happened with fiat. Flat city.
Does property have value? Maybe, unless you are not the 'right' person at the time. If you are not, people might not respect your property rights.
So, chalk off property as well. It has been a nice 77 years of stability in that respect, not anymore.
What is of value: imho, it is your geographical location, access to readily available resources (I am talking about food and water mostly), freedom of movement.
Bitcoin could play a role in the last two (or even all three) params.
