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#276 – Michael Saylor: Bitcoin, Inflation, and the Future of Money
Lex Fridman Podcast
Wealth Preservation: Choose Property Over Currency
Money serves as economic energy that can be transferred into various forms, notably currency or property. While currency can facilitate rapid transactions, it is often subject to devaluation. Investing in property, such as real estate or precious metals, can significantly preserve and even grow wealth over time—demonstrated by a 305% return on a real estate investment versus a staggering 99.7% loss when money is simply stored without growth. Expansion of currency contributes to systemic inefficiencies, which can detrimentally impact society's wealth.
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