That’s private 😳
Discussion
Just wanna make sure you are old enough to understand returns 😜.. if you don't want to take that question ..tell me what is the difference between money and asset !
I spend money I invest in assets?
I don’t like this interview.
When were you born?
Is bitcoin money ?
More an asset but sure you can “spend” it.
You are wrong on both the questions .. sorry ! .. study more before you get into investing ..
What is the right answer?
Network is the asset .. a token of network is money .. asset is because of a collective .. money is held by an individual..
A bitcoin is always a bitcoin .. just like an Oz of gold is always an Oz of gold ..
That’s a much more confusing answer.
Let me break it down .. what is the value of a bitcoin in your wallet if the network somehow got compromised ? Or stopped functioning .. assume .. not argue that it won't stop ..we know that ..
I get it. It’s just a long winded way of defining “asset”.
So now you know .. money is not what you spend ..
What you spend is fiat .. and that is what you use to compute return .. which is quite meaningless ..cuz fiat itself is depriciating at 20 , 30 and in many cases over 100 percent ..
Hope now you understand why ami asked your age when you aked me about my return since 2008 ..
So tell me your definition of return and what is it.
A bitcoin is a bitcoin .. an Oz of gold is an Oz of gold .. Satoshi ( whose name you are so proudly using ) never sold his bitcoin .. for him the return is zero ..
how do you measure your reit returns?
I don't .. you acquire asset tokens ( or join a network ) if you are interested in it .. 😉 ..
So you don’t measure performance.
No .. I am interested in REITS cuz it is exciting to see how politics is shaping up the asset class .. I am interested in bitcoin cuz it is mathematical genius .. and gold cuz it is the biggest network of all ..
Fiat made is a byproduct .. that you quickly want to dispose off into another asset class .. it is NOT performance
So you have no idea what’s going on in your portfolio. Got it.
Are you a portfolio manager 😜