My view of wealth and assets specially now

[Parklane777]

I trust btc / gold and cash.
It's too bad many of us experinces a lot banking errors like the online banks don't work and cybercrimes in otherwords our money is not in safe and all those online bank wallets not always working good.
Gold offcourse If you can hold it where good place to storage i trust physical locations for example London and i can get credit on my gold collateral aswell

I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.
The real estate prices don't make any sense because they are in the DEBT ECONOMY i stay away from debt economy yes you could make good profit but since debt economy bubble can pop it can trigger fast and you might not get out you can lose fast.

I stay away debt and i don't play or speculate things what not backed of any value.
One day all those debt economy gamblers will learn Lesson hard way , yes you can make money like taking the mortgage and then renting out ....but here is the thing it's like a gamble you can win a lot but can lose fast.

Future of money sound money after ETF approved all the way Will finish of funny money but Money will be backed by real assets with limited supply.
So now the countries buying gold and btc , why because they know that debt based economy not sustainble.
I belive future of money Will be backed by BTC and gold and If you want to borrow money you need gold or btc collateral.

Now Im wondering what they will do with all that bonds wich will have maturity on 2026

Im not economic expert i just think people have lost their guard too confident to trust something what does not have solid security.

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[btc78]

I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.

that is why i think real estate is a good investment you can live in it and pass it down to your children and if they want, they can sell it at some point

land is a fixed supply which is why real estate is considered to be a safe investment you just have to pick out a good location

[hatshepsut93]

It's too bad many of us experinces a lot banking errors like the online banks don't work and cybercrimes in otherwords our money is not in safe and all those online bank wallets not always working good.

Digital payment methods are convenient because you don't have to count the change, don't risk getting fake notes, all the money that you need are on one plastic card and if you lose it, you can block it and issue a new card, while losing a wallet full of cash has near zero chances of seeing it again.

I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.
The real estate prices don't make any sense because they are in the DEBT ECONOMY i stay away from debt economy yes you could make good profit but since debt economy bubble can pop it can trigger fast and you might not get out you can lose fast.

Real estate generates income. Even if the prices will crash, people will still rent it and the prices will go up again after some years. It's not a purely speculative investment like Bitcoin where you only care about the price.

[Baofeng]

I trust btc / gold and cash.
It's too bad many of us experinces a lot banking errors like the online banks don't work and cybercrimes in otherwords our money is not in safe and all those online bank wallets not always working good.
Gold offcourse If you can hold it where good place to storage i trust physical locations for example London and i can get credit on my gold collateral aswell

Everyone one of them have advantage and disadvantage, but I do agree that cash is still the king.

I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.
The real estate prices don't make any sense because they are in the DEBT ECONOMY i stay away from debt economy yes you could make good profit but since debt economy bubble can pop it can trigger fast and you might not get out you can lose fast.

That's been the history of real estate and housing in the US. I'm sure you know of some famous people who uses DEBT to buy houses and sort of invest on it during downturn. But I say that strategy is not for everyone.

I stay away debt and i don't play or speculate things what not backed of any value.
One day all those debt economy gamblers will learn Lesson hard way , yes you can make money like taking the mortgage and then renting out ....but here is the thing it's like a gamble you can win a lot but can lose fast.

Of course, we don't want DEBT in any shape or form, it will just pull you down and as I have said on the other thread, there is a big risk on getting a loan or debt to start your business.

Future of money sound money after ETF approved all the way Will finish of funny money but Money will be backed by real assets with limited supply.
So now the countries buying gold and btc , why because they know that debt based economy not sustainble.
I belive future of money Will be backed by BTC and gold and If you want to borrow money you need gold or btc collateral.

Now Im wondering what they will do with all that bonds wich will have maturity on 2026

Im not economic expert i just think people have lost their guard too confident to trust something what does not have solid security.

I'm also not a expert, but if bonds will mature on 2026, possible that those money will flow to Bitcoin as it has been proven to be a good hedge? We will see.

[Renampun]

...
I belive future of money Will be backed by BTC and gold and If you want to borrow money you need gold or btc collateral.

Now Im wondering what they will do with all that bonds wich will have maturity on 2026

Im not economic expert i just think people have lost their guard too confident to trust something what does not have solid security.

I also think so, if the amount of bitcoin remains fixed forever and will not change then I believe a country's currency will be supported based on that country's ownership of bitcoin. we will soon enter 2024, my prediction is that before the price of bitcoin hits its ATH, we will see how many altcoins will follow its price. For the past few decades, gold and property have always been used as measures for rich people. In the next few years, Bitcoin owners will also definitely be included in the middle class category.

[Alpha Marine]

The real estate prices don't make any sense because they are in the DEBT ECONOMY i stay away from debt economy yes you could make good profit but since debt economy bubble can pop it can trigger fast and you might not get out you can lose fast.

Except everybody would be able to build their own houses, real estate would always be a lucrative investment. Of course, it can crash, but it's one of the investments I know that will always be relevant in this world.
Real estate like every other investment has the possibility of crashing, stocks crash, just a few years ago, Bitcoin was at $16k from an ATH of $68k+. It's not different from real estate.

People would always need a place to live, an office space, a place for their businesses and events, hotels and restaurants would always be a thing. As long as these things are still in demand, real estate will always be a relevant investment.

There's no single investment without a risk, the risks may differ but there still risks.

[|MINER|]

I also agree that the future will be governed by Gold and BTC.  People have lost faith in the banking system as banks in many countries have gone bankrupt.  So people prefer to keep their money under their own control. Also investing in gold and BTC is safer than anything else.

[MFahad]

I trust btc / gold and cash.
It's too bad many of us experinces a lot banking errors like the online banks don't work and cybercrimes in otherwords our money is not in safe and all those online bank wallets not always working good.

Gold is trusted by all as it has been used for investment since ancient times, but Bitcoin is still new compared to gold but still it has gained a lot of popularity in a very short period of time.Gold is still backing money as countries print their own currency based on the amount of gold they have. The banking system may have flaws, but we are also provided with a lot of facilities and as far as the safety of our money is concerned, I think our capital is safe in the banks.

Some banks may not work online ,but many banks are working well online, and they are treating their customers well.Bitcoin is also considered to be the most secure, but I think wherever you store your bitcoins there are still risks of hacking. So you should worry about protecting your money in Bitcoin more than the bank, because one mistake on your part can cost you your assets.
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[kentrolla]

Couple of my observations where I am aligned with your thoughts and not aligned:

1. Gold will always remain most trusted source as it's there for centuries and will continue to remain. The only challenge is the storage and security If you are holding physical gold. We have Sovereign Gold  and this is better option as you get little annual returns as well. Gold may not be in par with inflation but it is certainly most safest investment.

2. I strongly disagree with your views on real estate. It gives you a place to stay, you can rent it out, collaborate with builders or business. It gives you multiple stream of income.

[bluebit25]

Yep, if we only talk about material wealth, I think it is never enough to understand the whole nature of this issue.
So what really is the core of wealth that we seek here? Is it simply material things, things like knowledge, spirit, health... are also part of the wealth of each of us? Instead of just wanting to improve material things, the crowd often ignores what remains and lacks the balance of life. Like the way I come into contact with people who have millions of dollars in accounts, but they still cannot be satisfied because they do not understand the balance of life, blindly chasing after material things such as money, gold, real estate... even bitcoin... I think it's just an opinion that people don't see yet because then they can have/don't have to continue using the material to search for the rest.

[oktana]

I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.

that is why i think real estate is a good investment you can live in it and pass it down to your children and if they want, they can sell it at some point

land is a fixed supply which is why real estate is considered to be a safe investment you just have to pick out a good location

Someday I hope to get into real estate because it is an aspect that is always evolving. IF you look at the building structures from let’s say 30 years ago, you can tell the difference. And who is making all that money? The real estate investors of course. And yes, you can also live in it like you said, but I’ll rather get into it to make the money in it. Who knows what houses from the next 100 years would even look like? Real estate is always evolving.

[dezoel]

I also agree that the future will be governed by Gold and BTC.  People have lost faith in the banking system as banks in many countries have gone bankrupt.  So people prefer to keep their money under their own control. Also investing in gold and BTC is safer than anything else.

In terms of investment, Gold is already proven and tested by the public, so yeah. But, I'm not really sure if Bitcoin will be on that same level because what if there will be a banning that will happen again on Bitcoin? There are reports that a bank can go bankrupt and this scares the people but not all banks are like that.

There are people who don't trust their selves on handling their own money, because they lose it easily. There is also a worry about being robbed inside their homes. So, they can trust others to handle it. The banks serves different purpose than Bitcoin and Gold, so expect that there will always be people who will use them.

[Sim_card]

OP, you got the idea wrong on real estate. This is an asset that will always increase in value because humans needs shelter to hide their head and start a family. All three assets that you mentioned are very good asset and anyone that has an investment in all has overcome poverty. Bitcoin is the new one amongst the other and and due to its volatile nature, it has become one of the best but I don't think that it has been approved as a safe haven yet. I don't think that they will stop to use real estate as collateral as long as we are using fiat, it will be impossible because banks and government are in charge of fiat, if bank wants to give you a loan, they will always prefer house property, because they can easily use the property of sell it off and get their profit. Unlike bitcoin that is volatile in nature. What you said about gold is true because it is already a safe haven.

[mindrust]

I stay away debt and i don't play or speculate things what not backed of any value.
One day all those debt economy gamblers will learn Lesson hard way , yes you can make money like taking the mortgage and then renting out ....but here is the thing it's like a gamble you can win a lot but can lose fast.

Debt is just a tool like the other assets you have. Staying away from debt religiously is not a wise move. If you take advantage of the low interest rates, debt is a very good way to get rich. I probably owe 30% of my total net worth to the debts I took in the past before the central banks started raising them. When I did that, the rates were low and the prices were skyrocketing. Now the inflation is a bit slowed down because of the high rates but do you know what didn't happen? The prices haven't come down and they won't come down. (low inflation != price drop) They will still go up and more slowly now. That means every loan I took made me profits. Thanks central banks. I owe you one.

[nara1892]

I trust btc / gold and cash.
It's too bad many of us experinces a lot banking errors like the online banks don't work and cybercrimes in otherwords our money is not in safe and all those online bank wallets not always working good.
Gold offcourse If you can hold it where good place to storage i trust physical locations for example London and i can get credit on my gold collateral aswell

I don't think real estate and property is area of speculation i see real estate as place where to live and good for people to have some place to live as home.
The real estate prices don't make any sense because they are in the DEBT ECONOMY i stay away from debt economy yes you could make good profit but since debt economy bubble can pop it can trigger fast and you might not get out you can lose fast.

I stay away debt and i don't play or speculate things what not backed of any value.
One day all those debt economy gamblers will learn Lesson hard way , yes you can make money like taking the mortgage and then renting out ....but here is the thing it's like a gamble you can win a lot but can lose fast.

everything is in a  gray area when you are  constantly alert but on the other hand try to advise yourself by  keeping it with a third party. Isn't that the same as giving up your rights? Gold and real estate have risks even Bitcoin has the same risks, here we cannot  play safe if we are not ready to face the risks. Because if there is a safe choice then  everyone in the world will experience wealth equally. Therefore there is always a risk for those who dare to bet.

Likewise with mortgages if you look at the profit cycle during the covid 19 pandemic it is clear that there is a big bubble that provides multiple profits. When placing any investment if you are able to understand the market situation and conditions then you can play in it. Now that the era of digitalization is almost familiar Bitcoin is the top of the chain where everything will lead to the same point.  Mass adoption has shifted towards increasingly expanding people access in the world,  they just need to make a  decision and be ready for all the risks.

[m2017]

Im not economic expert i just think people have lost their guard too confident to trust something what does not have solid security.

I trust btc / gold and cash.

"btc / gold and cash" have solid security to trust these types of financial assets?

BTC  -this is an asset whose future within the legal framework remains in question because it goes against the interests of regulators.

Gold - after the price drop in the 80s (if I’m not mistaken), it has still not recovered to its previous levels.

Cash - just cut paper, the value of which is easily nullified with the new monetary reform.

[Parklane777]

Im not economic expert i just think people have lost their guard too confident to trust something what does not have solid security.

I trust btc / gold and cash.

"btc / gold and cash" have solid security to trust these types of financial assets?

BTC  -this is an asset whose future within the legal framework remains in question because it goes against the interests of regulators.

Gold - after the price drop in the 80s (if I’m not mistaken), it has still not recovered to its previous levels.

Cash - just cut paper, the value of which is easily nullified with the new monetary reform.

Btc legal franwork ? ...btc is listed on instutional exchangers and there is a lot long story about London USA Market exchangers regards btc and eth...Im not gona go into full details but btc is not funny asset for very influential people the smart money owners.
Even If they take btc away from the most important exchangers wich is allready connected "market-center system" there will be a lot info before it happens and they have to give notice to the very wealthy and important instutions before they can remove btc.
To taking in all those facts i know my funds are safer in btc then in bank.

[kryptqnick]

Online banking generally works really well in my country, so people don't face many issues with that. As for gold, I'd be somewhat afraid of a robbery to buy and store it somewhere, not to mention that it doesn't appreciate in value much and there isn't much point getting into gold if you don't have a significant amount to invest. It's also harder to sell fast, compared to cryptos, and it can't be used for anything directly, unless it's jewellery one can wear.
I disagree with the op's prediction of future money being backed by gold or Bitcoin. We're already past the gold phase, and Bitcoin is way too volatile for that to make sense.

[Die_empty]

OP, you got the idea wrong on real estate. This is an asset that will always increase in value because humans needs shelter to hide their head and start a family. All three assets that you mentioned are very good asset and anyone that has an investment in all has overcome poverty.

OP's view of investing in real estate is based on his country or experience. Some countries pay very high property taxes which can make the business unprofitable. But in some countries, property taxes are considerably low which can make the business lucrative. An example of a troubled or unprofitable real estate sector is the Chinese market. Many real estate business owners in China are currently going through a hard time that is crumbling the sector.

To taking in all those facts i know my funds are safer in btc then in bank.

Banks are not trustworthy because they are under the control of the people and the government. Bitcoin gives you total control over your funds if you keep them in a non-custodial wallet because you have full control over your private key. Bitcoin has also proved to be a good hedge against inflation in most countries that are going through high inflation. It will be unwise to keep your money in banks where it will gradually lose value over time. Bitcoin is safer, more convenient and more profitable.

[coolcoinz]

Now Im wondering what they will do with all that bonds wich will have maturity on 2026

It's an interesting topic because people have always been lost between assets that have 3 basic properties: liquidity, stability and appreciation and there's no asset that excels in all 3.
For instance, real estate is stable and can grow in value pretty well, but it requires maintenance that take some of the profit and usually aren't very liquid. You need time to sell a house and get all get all the papers signed. If you buy a car it's going to most likely lose value, so it won't have appreciation at all, but the market will be pretty stable and liquid. If you choose to buy a rare painting, most likely it's not going to be a liquid item and won't generate incredible profit, but will offer decent price stability. Bonds, just like bank deposits offer a bit of appreciation, decent stability and decent liquidity. The problem is that if you account for inflation you come to a conclusion that you're not making any money, just enduring.

What you own depends on your character. I'm a bit of a prepper so for me liquidity is the most important, appreciation is second and I care the least about stability, therefore bitcoin is an ideal asset for me.
I have some liquid and some illiquid assets and out of my liquid ones almost everything is in bitcoin. I have some money in the bank and some cash, but all my fiat money is not even 10% of the value of my bitcoin.

My father, who was raised in a socialist state, used to have 80% in a bank, 15% in cash and 5% in gold. This shows how different we are as people and as whole generations.