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How Bitcoin Fixes Gold and Housing
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In this video, I discuss how Bitcoin is in the process of demonetizing inferior forms of money like houses and gold, which then frees up those assets for their real utility value.
Rental houses and other investment properties are a better store of value than the US dollar (which is why many wealthy investors and pension funds seek them out).
The problem with rich people using rental houses as a store of value is that it unnecessarily drives up the cost of housing for the working and middle class.
Bitcoin fixes this, by providing an environmentally friendly store of value that does not increase the cost of living for the poor and middle class.
Likewise, Bitcoin is in the process of demonetizing gold, thus freeing it up for the artists and for its use in electronics and other high tech inventions.
Bitcoin makes the world a better place: gold for the artists, housing for the people, and pure ethical digital money for 8 billion people.
Not investment advice! Consult a financial advisor.
Why Bitcoin Is Much Better Than Real Estate:
https://www.youtube.com/watch?v=7uYVcDa_t6M
Why Real Estate Is A Bad Inflation Hedge:
https://www.youtube.com/watch?v=e34sVe7JgNo&ab_channel=BitcoinUniversity
Declining purchasing power of US dollar:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpg
Investors pricing out homebuyers:
https://www.wsj.com/articles/if-you-sell-a-house-these-days-the-buyer-might-be-a-pension-fund-11617544801
https://slate.com/business/2021/06/blackrock-invitation-houses-investment-firms-real-estate.html
India’s millennials don't care much about gold:
https://qz.com/india/894313/indias-millennials-are-changing-the-way-the-gold-crazy-country-buys-jewellery
Cellini salt cellar:
https://en.wikipedia.org/wiki/Cellini_Salt_Cellar
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#gold
#realestate
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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