leonwankum on Nostr: #Bitcoin vs. #RealEstate: more recently, macroeconomic and geopolitical headwinds ...

#Bitcoin vs. #RealEstate: more recently, macroeconomic and geopolitical headwinds have exposed the weakness of real estate as a store of value. It is easy to confiscate, difficult to liquidate, easy to tax and costly to maintain. What do you do when war breaks out? A property is difficult to take with you. It's also easy to destroy. This may sound like a dystopia, but if you're serious about long-term wealth management, you should consider the worst-case scenario. I don't think a world war, in whatever form, is at all illogical. Who would have thought that there would be war in Europe? Bitcoin serves as an ideal hedge against the threat of war, taxation or confiscation. It is easily portable, divisible, durable, censorship-resistant, noncustodial and very easy to liquidate or move in times of crisis. Bitcoin can be sent anywhere in the world at almost no cost. In addition, unlike real estate, it is easy to maintain. You can self-custody bitcoin. All you need to have is a hardware wallet, which costs around $50, to store it safely.