Post
Topic
Board Economics
Re: True wealth and fake wealth
by
CageMabok
on 25/09/2024, 13:36:46 UTC
One should analyse the relative value of the different potential assets and compare how they will fare under different conditions, particularly in the worst-case scenario of war. If the digital infrastructure and Internet networks are affected, technology-based assets like the crypto might face significant issues. On the other hand, precious metals and physical property are strong investment currencies in a crumplezyear because their value does not hinge on technology and networks. Holding the land or property, as well as metals, can be helpful to have a well-diversified investment portfolio and some degree of protection versus higher risks.

Now everyone should think more openly because physical assets like metals, property and land will also not be easier to use in adverse conditions such as war. Property and land will be more easily destroyed if not properly guarded and their value will also tend to decrease if located in a country that is at war. Likewise, precious metals will be more easily stolen if we cannot store them very well because such assets always require a good vault to store them safely.

Meanwhile, crypto assets such as Bitcoin will still have value even if there is a network disruption in a country due to war conditions, because every Bitcoin owner can still access wallets and global exchanges in other countries using the internet network. So in general, Bitcoin owners can still store it safely even though the price itself can be affected for a while due to these conditions, but this kind of thing will not last long as investors can still live in safer countries to buy and sell their crypto assets into the global exchanges they often use.