Sound Money vs. Fiat Printed Currency; Which Will Last And Which Is Trash?

With inflation roaring like a blast furnace and the first ETF in the works, we could see the gates open and the big money flow into bitcoin. Now is the time to make the case for sound money, because if you stay with fiat, gold, silver, stocks, bonds or real estate, you might go down with the ship. All traditional assets are set up to fall behind inflation and bleed you to death with expenses. For real estate it's property taxes and inflation transfers the wealth faster and faster. Let someone else be the loser. Gold costs to store and to insure with each about 1% annually. Over the past 12 years, that was maybe 24% that you lost, by holding gold and the price in 2011 was $1,900. The price today is $1,900 so you only lost 24% of your purchasing power, unless you count inflation losses. Did all commodity prices rise since 2011? Real estate inflated 30% in one year, but that's imaginary money to the owner of the real estate. You don't get to spend it, until you sell and does it buy more? No, there is no gain in purchasing power with inflation. The only gain is the government which charges a tax on what your property is worth. That isn't the case with bitcoin. Get a note pad and take notes as you watch this video. Verify everything and do some research if you can think of any questions.