Quote from: Rabata on October 16, 2023, 05:50:39 AM

Quote from: bittraffic on October 16, 2023, 04:40:27 AM

Quote from: Don Pedro Dinero on October 16, 2023, 04:29:54 AM

Quote from: mk4 on October 15, 2023, 02:27:22 AM

In my opinion, investing money that isn't mine into something too speculative is a huge no-no. Why not just use your own money instead? That way, you don't receive any crap if ever the investment goes bad. They already aren't convinced in the first place, so why force them?

This would be the key point I think.

Putting it aside, I don't know why the OP brings land into the equation, unless it is so cheap that you can buy chunks of land for $50. The normal is that you will have to save several months at least until you can buy something, whereas gold and bitcoin you can buy small amounts. The downside of gold is the premium he will pay both buying and selling and if he does DCA bitcoin he should think about buying a HW.

The rich men are actually buying lands particularly the country side properties since its the last that will be affected when there is uncertainty like ww3. Some of them are buying lands or islands in Hawaii or so.

Sometimes the rich men are even buying yatch although we know this is going to be a liability in the long run but it make sense during war for they could just travel on their own with it to safety with their family.

When a person buys more land, he may face questions about his income in various ways. From where he got the money to buy his land or what is his source of income, how much money he can earn from it. Various types of problems may arise when the law is enacted. A similar situation may occur with gold. But if someone can keep bitcoins in his personal safe wallet then he can use that money anywhere no matter how big it is. If he survives a world war or whatever, his wealth will remain intact. I think Bitcoin is the best investment in terms of high asset value and for safety in the future.

Probably in US but head down to Mexico or to the Caribbean, you could probably get documents of a piece of land by 2AM and then process ownership by 7:00 in the morning. If you are rich you must have friends of friends who can help.

A piece of land is also indestructible. But a piece of paper where your seed is can be burned just like what happened in Hawaii or floods in various cities. Your precious seed is gone and you are there wondering why no backup plans. The goal is to survive with multiple assets with you. If you only have BTC, you'd end up paying rent after.