The fact we live at a time in monetary history where you can pay with (i) paper money, (ii.) electronically via tapping your phone, and (iii) privately and without permission using Bitcoin, goes under appreciated.
Any sort of infographic that shows all the ongoing bitcoin projects? Projects being built on top of bitcoin, Layer 2 networks, etc.?
New currency, new problems.
As trust between countries inevitably erode, the only real money left with be that which is fully neutral.
https://watcher.guru/news/brics-are-developing-a-new-currency-state-duma-deputy-chair
It's a risky game.
Institutions piled into apartment properties with yields <5%, and now with the risk-free rate pushing past 3.9% and rents slowing, the outlook is opaque.
Do you continue to pile into these assets? Or risk watching property values plummet if you don't?
In the world of CRE, institutions are often content playing a passive game of hot potato with their wealth. They pass off (TRUST) their money to 'professionals,' cross their fingers and hope for the best.
What's going to happen when these institutions learn Bitcoin is a superior scarce asset with
BETTER yield, ZERO required trust, 24/7 liquidity, and LOWER risk?
2/21/2023, 1 engagement