Bitcoin or real estate? It’s time to change how we think about wealth

For generations, traditional wisdom dictates that real estate is one of the safest and most reliable ways to store wealth. Unlike stocks, bonds, or cash, real estate is tangible – you can touch, live in them and transfer them to future generations. This is the physical fitness that the real estate has given as a category for the founding assets to preserve wealth.

BitcoinOn the other hand, it was long rejected by traditional investors on the contrary. Critics say it has no physical existence, no benefit, and no ability to store value in the long run. They make, unlike real estate, you cannot touch Bitcoin, and you cannot live in it, and it is difficult to secure. They say it is just a symbol. How can something fast to be a valuable store?

The answer, from paradoxes, lies in the same physical – or rather the weaknesses of material assets. like Modern disasters In California and North Carolina, it painted painfully, the ability to touch the assets is not always an advantage. In the era of increased geopolitical instability, natural disasters, and the transformation of economic models, Bitcoin proves to be the final store of value specifically because of it Unique From physical. that it, Bitcoin my bodyNot only in a way that makes it vulnerable to natural disasters.

Tangible wealth

The catastrophic forest fires in Los Angeles left behind a natural view of destruction, reducing more than 12,000 homes and buildings to ash. Families who spent contracts have returned to building wealth in their property to find something but the painful rubble and the painful reality that Their most valuable origins – their home – have gone –.

In the west of North Carolina, hurricanes wiped the entire cities of the map. After months, many population still live in RVS, tents or temporary shelters, unable to rebuild due to the high costs in the sky, insurance battles, or the simple truth that the Earth itself has become uninterrupted.

These disasters serve as brutal reminders of a basic fact: Real estate does not contain a kind of transcendent quality that makes them low risk by nature. The house, regardless of the extent of value, is associated with a specific location. If this site is destroyed, occupied, or made it not applicable, the original may become value. The wealth stored in this house can fade in a moment, and it takes years rebuilding – and even then, the reconstruction process can be subject to changes in the environment, legal and regulatory decisions and other external factors.

For people affected by these disasters, the idea that real estate is a completely safe way to clearly storing wealth. Instead, they face the fact that everything has done for which it can be erased – through natural disasters such as fires and floods, or bureaucratic disasters such as the requirements of well -off housing, the requirements of the “coastal committee”, and the endless red strip.

Bitcoin: a new type of property

Here is the place where Bitcoin breaks the old model. Yes, bitcoin material – it is in the real world – but its world is different from real estate or gold. Instead of being in one place, taking into account the forces of nature or politics, Bitcoin is found in the form of Identical data stored in computer memory across hundreds of thousands of computers It spread all over the planet –And even in space.

Ledger Records in Bitcoin, this professor’s notebook is not subject to change and is completely repeated millions of times. You can access your wealth using the secret key you own. You can store it in multiple locations, digitically encrypt, or even save them. If it is properly secured, it is impossible to destroy, seize your property, or lose your property any A catastrophe is not so much that it also does not threaten the continuation of human species.

Think about what this means: If a fire wipes your home, your Bitcoin is still without prejudice. If the hurricane is destroyed by an entire town, your bitcoin holders are exactly as they were before. If the war broke out and forced to flee across the border, you will not have to give up your wealth and start again – you can take it with you simply by remembering a secret. Wherever you end, as long as you can eventually access the Internet, you can access your money.

This is the concept that those who lived through geopolitical crises understand intuitively. A person who escapes from a country torn apart is known that their wealth, if it is linked to a company or property, can be confiscated, bombed or occupied by a new system. On the contrary, Bitcoin offers an opening to escape – a way to keep financial sovereignty even when everything else is lost.

The Americans, often, have never had to think this way. Unlike citizens in the countries where the war or repressive governments were afflicted, Americans enjoyed the relative stability of generations. But with the increased fires of forests, hurricanes, and even political turmoil, perception began to: the methods of storing traditional wealth may not be reliable as they appear before.

In fact, the “stability” of the United States is in itself a more comfortable legend than reality. Examination of American history as a whole reveals this Any specific American has a 100 % chance to live through civil unrest near the house. This does not mean that the United States is especially unstable – on the contrary. The United States may be the most political jurisdiction over the planet, however, the fact that its stability does not coincide with the comfortable stories that we tell ourselves.

Maintaining wealth in an uncertain world

Bitcoin feature is not only that it is carried, but it is not corrupted. Unlike real estate, Bitcoin is not subject to a prominent field or laws division or environmental disasters. Unlike gold, it cannot be confiscated on the border. Unlike the Fiat currency, the value of reckless government policies cannot be reduced. It is, in every useful way, a new form of property – it is so strong that it is largely fortified against weaknesses in other origins.

More importantly, Bitcoin does not require confidence in institutions to protect them. In California, many home owners are now fighting with payment insurance companies, and they discovered that their coverage is insufficient or, in some cases, there is no exist because insurance companies have stopped writing new policies in high -risk areas. With Bitcoin, there is no need to rely on an insurance company, government or legal framework. that it Bearer. You have, or not. There are no complex legal frameworks that have been created around them only in order to claim your own property.

For years, investors mocked the idea that Bitcoin could be a valuable store. But as people in California and North Carolina start rebuilding their lives, many of them come to a realistic result: having something you can touch does not mean that there will always be. Ironically, you have something you are Not possible Touch means that it can have better opportunities to stay.