WHERE DO YOU HAVE YOUR MONEY?

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(Edited)

Somehow you fall into a category depending
on your daily habit and your way of life. It may not clear
to you why there is a disproportionate of wealth, but
this is how the game is played. I am still learning quite a few term
when I hear about money, funds, value, coins, banknotes, etc..
I met quite a few new ones that I knew before but was not sure
how much impact they have on the world economic.

squarevisual.png
source

Visiting this website will give you a glimpse how the economy is rolling.
All the world governments on their own term follow the same guidelines.
We know they are reaping their own people to fuel the system in place.
Whoever is running the show, will make sure they take care of themselves
before spreading the wealth downhill.

After 10+ years cryptocurrencies are generating another form of business
where everyone can be sitting around the table. We are still growing. If
you hold your ground 2017/2018 you maybe earn a few millions then but it is not over
I think the party is just started.
Gold is pretty situated at $10 Trillions. So far this is the metal since time ever time that is ruling
the world. You cannot say much or anything bad about it.
Yes one #btc is worth more than one ounce of gold but the tangible aspect is what make gold what it is today.

The world stock market is cemented well within the line. They are controlling a great sum of assets.
Many folks are doing well trading the market. The number is around $89.5 Trillions.
Crypto needs to mingle with that market in other to grow exponentially.
Looking through this telescope of the universe of money, you have to understand
the debt in all of these.
The numbers are crazy and enormous.
$253 trillions for global debt. Governments hold the most of all. it will trickle down
to us all citizens to pay it back through taxes. It is a lose lose situation.

Another factor I admire is the value of the land. This one is a little bit
out of whack for me. Now if you own land all over the world, you will
understand where you can sell it and make a profit. No need to explain
this part.
Actually I will explain a little. Big state of Texas, a guy I met was trying to convince
to purchase from him 20 acres somewhere over there. Now to make his land
a better deal he showed me pictures of power line and road to the land.
Texas is really big. It is so big till this day you can find land and house in rural area
I must say not too far from a big city for around $ 50K.

The guy told me later that he had to give to the county over there 200 acres cause
there were no plans to allow him to do anything with the land.
The reason he gave it back
simple he was paying taxes on it. I guess the land was around nowhere.
According to the visualization most of the real estate market are in the Western world
and Europe. Not even Asia with a growing market for real estate.

worldvalue.png
(source)[https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/)

This list is clear we do not have a lack of money in the world.
It could be in the wrong slot. That may cause another 2008 if
we do not play nice with each other. The derivative market is so
big, it can be scary to look at the number.
cryptos need to get involved in this type of market big time.
All I know derivatives have a lot to do with the market crash
twelve years ago.

Wherever you have your funds, inflation is right around the corner.
A friend always told me fiat currency was designed to move at all
times. No need to hold fiat in the bank, just for regular expenses.
Otherwise you are losing on it.
This analogy does not apply to #hive but if you hold it as HP depending on the
market you may get like 3.5% APR on it.
All cryptocurrencies are not created equal. At least you will do your due diligence
to have your funds work for you.
#HPUD (hive power up day) is getting close, make sure you purchase some.
I know I am.

Posted Using LeoFinance



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5 comments
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Thanks for this remarkable post. Just wondering why people ain't really commending you for this. It's very nice and insightful and some are touchy especially the part of the guy who had to give his Land up..

Also for the advice about holding our hive token and also the reminder that fiat money we're created to be moved around

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Thanks for your comment.
Glad that you got something from it.
Yeah that idea is simple, the dollar is IOU value and exist to earn more by investing not to be store
in a bank.

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Thanks for this.. I appreciate

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Lol good read and great advert for hive. Am not as wishy-washy as I was about crypto a few years ago, but am certainly still a believer

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My view changed since I jumped in this blockchain.
At first I knew #btc since 2014 but not enough to invest
Using #hive everyday gives you a prospective how the future
will enfold.

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