As an individual investor, in current environment, holding USD in your savings is perhaps worst decision as compared to diversifying into assets like Bitcoin, real estate, precious metals and so on.
Bitcoin stands out as most immune to policy and globally acceptable.
With USD going the route of money printing and expanding supply at a very high rate, it is imminent that asset classes valued in USD keep moving up.
It is a factor of USD devaluation more than asset appreciation.
Almost whole world economy is dependent on US dollar. Many countries have entered hyper inflation due to similar policies previously.
USD M1 money stock (spendable available dollar in economy) has grown 4.8x since February 2020. Basic economics tells you that every asset in limited supply and priced in dollar should grow in price by 4.8x or more if demand remains flat.
Are we in an asset bubble or this is a fundamentally new world we are living in?
Why stocks, real estate and ₿ have been gaining value against $?
This tweet thread tries to help you think about it in logical steps.
Congrats to @OWENS_NFT as it enters the Music Industry, and History, with Grammy-Nominated Platinum Recording Artist, @Shontelle_Layne as well as an inspiring and global #NFT "1st" for Black Female Recording Artists! Owens.Market




