Buy a billion dollars of property in cyberspace
21 million city blocks … hold for 1,000 years
30,000 pounds of gold?—> you can mine more gold
Rent control is Problem, and new taxes
Cyber-Space
Weightless
Never decomposes
Break into 1,000 pieces in a second and recompose it
- I can hold a billion dollars of value of if in my head
- I can kill you but I can’t take it
- I’d rather have half than zero
- Cyber virus … Self replicating in cyberspace .. swarm
- Protect the integrity of the network .., truth & integrity
….
Short the currency which is collapsing… then get the property OUT of the country
Buy a virtual building … rent it to people in London, New York City.
Teleport it anywhere in space, perfected property lowest maintenance cost
…
Currency is the medium in which the money moves
Wish to hold and transport energy
15%-20 value losing a year USD
Gold is cumbersome
Currencies don’t work
How to store economic energy over time?
SP500 used to be money —… bled only 2% a year … at least hold value?
10% money value loses a year …
Stock goes up by 10… issues more stock
Hold your wealth? Or build your wealth?
Short currency, Long the property
Stocks aren’t scarce