What do you want for Christmas?

submitted by goobandit from self.AskSaidIt

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[–]fschmidt 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

Too heavy for an ark. Not much of an investment either because it competes with cryptos as a store of value in the minds of morons. After a collapse, whatever assets still generate revenue will have the most value, things like stocks and real estate.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

If there's a collapse, stocks, real estate, and crypto will be as worthless as the US dollar. Crypto in particular runs on computers which needs high tech industry to produce the hardware and cheap electricity to make it viable.

I love crypto despite recent trends, but I don't think society will collapse. And even if it does, the potential returns still warrant a gamble.

Nobody will be around to be the realtor police. All those empty investment properties are free digs who whomever wants them. And perhaps can defend them.

Money will always be paper, but gold will always be gold (or silver), although society would have to establish itself a little bit again. Food and fuel dominates those kinds of economic situations.