Subnostr

While I firmly believe all assets which are not Bitcoin are shitcoins, including most watches…

Some have proof of work.

And the ones that do have outperformed the S&P500 over the past few decades.

I have some that have outperformed bitcoin, and their scarcity insures they’ll continue to grow in importance and value.

Link to watch plz

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FP Journe Elegante…

And none of you guys will probably ever get one… (respectfully)

The brand makes 800 watches per year, globally. The demand is 100 times that much, and this model is very limited like all the others

Nope. I’d never spend thousands and thousands of dollars that way.

I have a young baby girl and she’s counting on me. I’m gonna do my best to make sure she never marries any dude with a rare watch collection.

lol. It’s not frivolously spending money. It’s parking your money in an appreciating asset class.

Respectfully again, you are misinformed

Not misinformed. Our values are different. We are not the same.

Good luck! 🤣

If I bought a watch 11 years ago for 12k, and today it’s worth 160k, how are my values off?

I have a dozen pieces, all appreciating year after year…

If I leave my kids a box of watches, never mind bitcoin wallets, I believe they won’t go hungry…

There are liquid markets for both

I can’t see paying 160k for a watch but if it goes from 12k to 160k I would definitely call that a solid investment.

You can play the game at any level…

While you can’t predict tomorrow’s prices today, some are very scarce. Like steel Patek…

And yes, I agree… buying at grey market prices = no thanks. But buying selective pieces, at retail, not frivolous, but intelligent.

Thank you for sharing.