reply on: Best way to save \ stacker news ~econ

121 sats \ 15 replies \ @Jon_Hodl 20 Oct \ on: Best way to save econ

I selected Bitcoin but Land would have been my second option if Bitcoin wasn't on the list.

I want land for it's real-world utility and not primarily as a store of value.

0 sats \ 9 replies \ @DesertDave 21 Oct

Hopefully when bitcoin takes over, we will stop storing wealth in property. But I agree. Land is a great investment

11 sats \ 8 replies \ @Rothbardian_fanatic OP 21 Oct

What would be happening to you if you were in Cuba right now? Can you wrap your head around that one?

0 sats \ 7 replies \ @DesertDave 21 Oct

I have no idea. I don't know anything about Cuba or anything for that matter.

11 sats \ 6 replies \ @Rothbardian_fanatic OP 21 Oct

DesertDave, hmmm….. I was once stuck in the desert for about 3 years. Along with rain, there was a dearth of information.

10 sats \ 3 replies \ @DesertDave 21 Oct

I was born and raised here in the Sonoran desert.. of course now I don't live in a city but instead I am isolated surrounded by miles and miles of beautiful desert. I absolutely love it. What kind of desert were you stuck in?

0 sats \ 2 replies \ @Rothbardian_fanatic OP 21 Oct

I was in the Mohave desert in California between Death Valley and San Barnadino. I kind of liked it but was not free to leave it.

0 sats \ 1 reply \ @DesertDave 21 Oct

That's wild. How did you get stuck there? That is some intense desert.

0 sats \ 0 replies \ @Rothbardian_fanatic OP 21 Oct

With the military. For sh*ts and giggles we used to go out in the middle of nowhere and shoot at jackrabbits. Don’t believe we ever got one, but the brews were cold. Other times we would go out to the dry lake during full moon at night. Awesome!!

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0 sats \ 1 reply \ @DesertDave 21 Oct

It's a great place for transformation. The veil is thin in the desert.

11 sats \ 0 replies \ @Rothbardian_fanatic OP 21 Oct

Especially the inner veil.

0 sats \ 4 replies \ @Rothbardian_fanatic OP 20 Oct

Yes, It all depends on what you want as an objective.

0 sats \ 3 replies \ @Jon_Hodl 20 Oct

Bitcoin is how I am saving to buy land. Once I buy land, I will continue to use bitcoin as the best store of value in history.

The land might also lose value at a rate slower than fiat but it's still a depreciating asset in relation to bitcoin.

0 sats \ 2 replies \ @Rothbardian_fanatic OP 20 Oct

The whole merry-go-round stops when a lot of the speculation stops. If states make bitcoin illegal and CBDC the only legal crypto, it is the end of bitcoin as an appreciating asset

0 sats \ 1 reply \ @Jon_Hodl 21 Oct

I doubt it. They can't make it illegal everywhere.

Making bitcoin illegal will only drive its use underground and into black and grey markets as people flee those no-bitcoin zones and into ones that allow it to flourish.

0 sats \ 0 replies \ @Rothbardian_fanatic OP 21 Oct

No, it might not be illegal everywhere, but if they make it illegal where you are you are SOL! Again, left holding the bag by the government. What if, at the same time, they make cash illegal and CBDC the only acceptable currency along with the programmable bits (like no traveling further than 15 minutes from home)? It seems all of those situations are on the WEF/UN menu right now.