Real Estate, gold and stocks are so bad at storing value that rich people diversify with art.
The Mona Lisa painting is likely worth over $1B. Scarcity gives it this price, but it needs security, have few buyers, is almost useless and needs to be taken care of. It can also be destroyd. And you need a huge insurance on it.
Imagine what happens when people that puts their wealth in these type of objects understand that #bitcoin is infinitely scarce with no downsides.
BTC_for_Freedom / Bitcoin for Freedom
npub18c…zjpjh
2024-03-15 17:36:35
Author Public Key
npub18csutpavpzedqgza5vqxclnq9lf2x24xew05ksa829eqkx59k87s6zjpjhPublished at
2024-03-15 17:36:35Event JSON
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"content": "Real Estate, gold and stocks are so bad at storing value that rich people diversify with art. \n\nThe Mona Lisa painting is likely worth over $1B. Scarcity gives it this price, but it needs security, have few buyers, is almost useless and needs to be taken care of. It can also be destroyd. And you need a huge insurance on it.\n\nImagine what happens when people that puts their wealth in these type of objects understand that #bitcoin is infinitely scarce with no downsides.",
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}