My buddy thinks real estate and the s&p 500 will beat bitcoins returns. I didn't know what to say other than πŸ€™πŸ«‘.

He got burned by Voyager eveb after I told him to put his shit in cold storage! And he still doesn't have cold storage!

πŸ€·β€β™‚οΈ

Buy Bitcoin, put it in cold storage, shut the fuck up, and chill.

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It might go to zeroooo

It's value in dollar

It's too slow

New tech

They fail to see the value of being able to transact regardless of permission from a third party. In a finite unit of account on a payment network ran by no one or everyone. Globally.

πŸ«‚πŸ˜Ž

He's wrong, but not totally wrong.

Real estate and stocks are also things with a fairly fixed supply and therefore worth owning in an inflationary environment.

A company may issue more stock, but they do so carefully, not wanting to dilute the value of their stock.

They build more buildings, but only so many per year. Also there's only so much land and they're not really making more land now are they?

Youre right about that. There is only so much land. And I guess at the rate that we see inflation the s&p it will let you break even and move sideways.

My grandad said he could have bought most of Miami but sister because Noone was there and he didn't see the point πŸ‘€

I can't talk to these people. It's like talking to a 2 year old.

I feel you. One doesn't even know where to begin. They obviously know so little about money and the current system that they would consider you a conspiracy theorist if you started. It's not like books haven't been recommended to them, but their laziness and 'wen lambo' mentality are written all over them and are exhausting.

It's hard to explain something to someone who still holds a dollar (fiat) denominated based reality. It's not easy to get out of that way of thinking but it's so worth it!

Agreed. Study #Bitcoin is the best advice of the 21st century. Every minute invested will increase your conviction, which increases your allocation. For that reason it will be your best paid job ever.

Sadly, very few put in the work to arrive at the enlightenment stage.

brain on point

stop hacking

Don’t bother checking

🎯🀣

Show him the returns since inception

I have he just thinks he's too late. He has no idea how wrong he is.

I have a friend constantly telling me how much better the S&P 500 is also lol

You can only do so much.