snapo on Nostr: Bitcoin is perfect. Most people want to have a yield, but a yield always includes ...

Bitcoin is perfect. Most people want to have a yield, but a yield always includes risk. The more yield you get, the higher the risk of total loss. Everything has a yield (negative or positive). Let's go through some examples of why Bitcoin is absolutely perfect:

You think Bonds/Treasuries bear low risk... hell no, always something can happen to your country, be it war, natural disaster, nuclear disaster, and so on....

You think Houses fully paid down bear low risk... hell no, always something can happen to your house, be it war, natural disaster, nuclear disaster, earthquakes, fire, maintenance work, and so on....

You think Bank accounts bear low risk... hell no, always something can happen to your Bank. Banks have, therefore, a negative return, not only because they provide a 0% interest rate, but a government can/will seize everything you have...

You think Art bears low risk... hell no, always something can happen to your beautiful art, already the cost for storage, difficulty for selling it, insurance cost.... and so on...

You think FIAT under your mattress is very low risk? Keep it there for 20 years and inflation eats it all away! Risk animals eat it... So all in all, you also have here a negative yield.

You think Gold under your mattress is very low risk? Your Government can seize it like they did before. If something happens, you can't leave your country with it. The Gov will always work against you! Plus, it inflates by 2% per year!

So, as we know now that everything, everywhere bears risk, we can conclude that you will inevitably lose purchasing power on all the aforementioned value stores except Bitcoin. Why?

Because on a 100-year timespan, I guarantee you Bitcoin is the only thing that does NOT depreciate in value. Everything else will depreciate in value, no matter how you try to protect yourself from it. Bitcoin is the future with the lowest risk.

Bitcoin has a yield, but no one is able to see it. People lose Bitcoin, and this makes yours more valuable. Some people will die and take it to their grave (yes, you can do that with Bitcoin). Continuous deflation makes one richer by not selling.