NYC WAS the best…until democrat policies completely destroyed it from the inside out. Very sad. All of us New Yorkers with sense moved to Florida and Texas.
NYC is the greatest life anyone can have, Florida and Texas are extreme shitholes and both Florida and Texas have higher murder rates than New York and I feel sorry for you that you don't know that. Your ignorance is profound.
There’s never been a single time in human history where anything benefited from Iėftism. They usually get a period of grace munching on the right’s gains, and then everything goes to hell within a tiny fraction of that timeframe.
Once can be taken, the other can’t. If you put safeguards in both, again, one can be taken, the other can’t. Your own money, once it’s in the bank, it’s also intangible. The numbers on your screen afterwards aren’t your money. Want proof? Deposit 20k, then go to the same bank and ask for it three days later. They won’t give it to you, you’ll need permission to take it. As intangible as BTC, you just don’t need permission for the latter. It also doesn’t lose value over time, it only gains.
@@DoubleTapLasVegas I understand your point completely. Saylor’s point is that for a very long time (perhaps not now) New York real estate was as good as it gets for over many decades
I agree this is the use case of BTC: Simply an alternative to bonds/cash. Stocks and real estate should still be the core focus of an investment portfolio.
@@klasykapolskiegohh8798 yea but do you go on interviews says how great your home is and blah blah blah, to get the price to rise or is there intrinsic value to your property such as physical land and shelter.
@@Srangtamer it’s a bit different when there’s a finite amount of bitcoin and the real wealth isn’t in the value of bitcoin but the amount of bitcoin you own. If you were around pre 2014 bitcoin times you would know this. The days of bitcoin were ruined when it became a investment vehicle. The OGs use it to store wealth and don’t care about the value because the amount is worth billions more than the paper currency people are speculating on.
@@dnkys but there is no value in something if you cannot transfer that thing for currency (and the currency must be widely used or have a use to hold value). A piece of gold is only worth something to someone that can use that gold. Just because something is scarce does not mean it is intrinsically valuable.
I get your point Mr. Saylor. But, we don’t know what the future holds for New York City, and many other coastal cities. You have your plan. So does God. Be humble.
I’m Polish lived in US for over 30 years and don’t have any plans to visit NY , never been there and of my experience living in Sweden as a young adult and visiting many European countries and cities NY is very dirty and unsafe
Lol, its true, no one is leaving NY, its the greatest city in the world. People (millionaires and billionaires) are just pretending to leave. There are no units in NY for sale or vacant. Its true.
Borrow against bitcoin. Buy a property for the cash, rent it out. Half of profit towards the loan and the other half for yourself. That way you don't pay capital gain tax on bitcoin, you keep your bitcoin and you have a property. You also have a debt but it generates cash flow and it never cost you selling ant of your welth/bitcoin
Yes invest in property let it work for you but try have 10 k in the vault for emergencies and lack of rent .. better still rent to a guarenteed rent management company @@klasykapolskiegohh8798
Yea this analogy didn’t hold up well… but Bitcoin is way less susceptible to corruption than a city is so at least there’s that That being said as shitty as NYC is atm those properties are still worth a lot so
Nah, that was a horrible analogy. New York is losing population because it's not what it once was. And bitcoin is fools gold. Especially at it's current valuation.
There is NO comparison to actual physical assets like land and property Vs Code. I don’t care what type of code, it can be easily vanish with a superior code.
And code that actually serves a purpose of some/any kind, not just the lucky solution to a brute force cryptographic puzzle. No one gets paid to finish a sudoku or crossword puzzle. Maybe they should.
@@markperrin8098 says a guy who lives in the greatest city in the world and I would ask where you’re from but people like you are always too embarrassed to say where you’re from and you should be.
Have fun staying poor! I do feel bad for you because I was the exact same way and thought the same. It took years and countless hours of wanting to know the truth and it was hard to come to. Eventually you’ll realize it. We all get the price we deserve
Spot on. Saylor speaks and the sycophants lap it up like a dog slurping vomit. Comparing bitcoin to NY real estate is beyond absurd, but the obsequious masses lack the critical thinking skills to challenge such a specious comparison and label him another very stable genius. CRIKEY!
NYC WAS the best…until democrat policies completely destroyed it from the inside out. Very sad. All of us New Yorkers with sense moved to Florida and Texas.
and Not ruining those places as well ... thanks for nothing
NYC is the greatest life anyone can have, Florida and Texas are extreme shitholes and both Florida and Texas have higher murder rates than New York and I feel sorry for you that you don't know that. Your ignorance is profound.
And when was NYC not a Democratic city.
@johnottr Rudi Giuliani, 1994-2001, Michael Bloomberg, 2002-2013. Wanna guess when the city hit its peak and urban renaissance?
There’s never been a single time in human history where anything benefited from Iėftism. They usually get a period of grace munching on the right’s gains, and then everything goes to hell within a tiny fraction of that timeframe.
One is tangible, the other is not
Once can be taken, the other can’t. If you put safeguards in both, again, one can be taken, the other can’t. Your own money, once it’s in the bank, it’s also intangible. The numbers on your screen afterwards aren’t your money. Want proof? Deposit 20k, then go to the same bank and ask for it three days later. They won’t give it to you, you’ll need permission to take it. As intangible as BTC, you just don’t need permission for the latter. It also doesn’t lose value over time, it only gains.
@ I’m talking about real estate not money in the bank
You can have New York ..I'll stay in Tennessee ..
Tennessee, you cant be serious, please stop with that land locked, boring dump.
cuz you the only one I see.
But you can't eat bitcoin... You can't even get to it in a crisis
All you need is a crypto wallet. Simple. Not hard at all. No different than accessing any of your other bank funds. Plus it impresses chicks.
So where do I sleep while I'm investing all my in Bitcoin.
In the metaverse
Sometimes questions hold more wisdom than answers. Cheers mate.
@@goodneighborsnetwork Ever hear of van life?
Why would you even need to sleep if you already own all that “digital energy?”
Invest in bitcoin long term but also day trade the volatile market to pay the bills today.
nyc smells bad and looks old 😂
NYC smells bad only in places that the tourists are, there is no way that you have ever been to my neighborhood.
@johnottr Thanks God we haven't. I am sure it smells worse 💩
New York is becoming what London is now: old, decrepit, and declining.
@ yea that’s why they are planning 18 new skyscrapers by 2050. Go play in your sand box
Sorry, NYC is not the end all be all for me, I’ll keep my Nevada and Texas over that place.
@@DoubleTapLasVegas I understand your point completely. Saylor’s point is that for a very long time (perhaps not now) New York real estate was as good as it gets for over many decades
Yes, your personal preference doesn’t change the global consensus and decades of financial congruence to back it up
Sorry but NYC is the greatest life anyone can have.
@@wahoocharlie NYC real estate is still the best investment that you can make.
You missed the point bucko. Is your property in Texes or Nevada even close to the value of property in New York City
My uncle got beaten up by a homeless guy in 2019 during our new years trip. Its really not a great city anymore.
NYC is the greatest life anyone an have and stop using anecdotes to talk about crime,
@@johnottr I hate big cities. Lots of noise and stress.
@ I hate places that are boring dumps, we are going to the theater tonight, you have heard of the theater right.
JEWYORKCITY 👿
@@ivam6473 Felix Unger
NYC sucks and so does Bitcoin
Great analogy
Thank you very much.
I agree this is the use case of BTC: Simply an alternative to bonds/cash. Stocks and real estate should still be the core focus of an investment portfolio.
All paper is fiat ... stay in hard assets
@@jamesdavison2416 stocks aren't fiat as they are backed by tangible assets. Though they can be inflated/deflated.
New York is valuable even without the internet.
I dollar cost average on bitcoin every week. I put 20 dollars per week up or down
Excellent 👍
He sounds like someone that wants his Bitcoin to go up.
And who doesn't? When you buy a house don't you want it to go up in price?
@@klasykapolskiegohh8798 yea but do you go on interviews says how great your home is and blah blah blah, to get the price to rise or is there intrinsic value to your property such as physical land and shelter.
@@Srangtamer it’s a bit different when there’s a finite amount of bitcoin and the real wealth isn’t in the value of bitcoin but the amount of bitcoin you own.
If you were around pre 2014 bitcoin times you would know this. The days of bitcoin were ruined when it became a investment vehicle. The OGs use it to store wealth and don’t care about the value because the amount is worth billions more than the paper currency people are speculating on.
@@dnkys but there is no value in something if you cannot transfer that thing for currency (and the currency must be widely used or have a use to hold value). A piece of gold is only worth something to someone that can use that gold. Just because something is scarce does not mean it is intrinsically valuable.
If he didn’t believe what he was saying why would he own it to begin with?
Michael Saylor What do u think of Kaspa?
BITCONN !!!!
i watch BTC content every day i still learn new things
What about the Realstate taxes, soon will 💥
He is being sarcastic 😂😂😂
He's got a point
I get what Saylor is saying but I avoid New York at all costs like it’s the plague.
NYC is the greatest life anyone can have.
What about AIPAC tunnels under nyc? Is that also preservation?
Bitcoin is a W.
How having bitcoin without ever planning to sell it a good time...the end game for bitcoin is when it crash
That is not true. There was a time NYC was run to ground and real estate was cheap.
There are actually many places better than New York City.
His hubris and arrogance is beyond explanation.
@@shimeymerih true but he lives in Miami
@@Maaaaaavah Even worse. 😂
NYC is the greatest life anyone can have.
@@johnottr Please. Try to travel. And open your eyes.
India?
I get your point Mr. Saylor. But, we don’t know what the future holds for New York City, and many other coastal cities. You have your plan. So does God. Be humble.
Sorry, it is not the greatest. It’s crowded and dense. I feel claustrophobic when I am there.
NYC is the greatest life that anyone can have that's why its crowded and dense.
NYC looked like a dystopian city overrun by third worlders. It had a bleak feel about it.
*Has (still)
@jamesdavison2416 I'm speaking from when I was there in 2018 and I'd only expect it to be worse now
NYC is filled with scammers. But i get what he was talking about.
Shanghai is the endgame
"In North America"
I’m Polish lived in US for over 30 years and don’t have any plans to visit NY , never been there and of my experience living in Sweden as a young adult and visiting many European countries and cities NY is very dirty and unsafe
LOL, oh yea NYC is so unsafe, I am just so scared, NYC has the lowest per capita crime rate in the country, your ignorance is so profound.
NYC is NOT the best city in America. Overbuilt, dirty and expensive. Keep it and shut it!
Crypto is like going back to your ex for screwing around on u. You know she or it will screw u over again
Michael 🎙analysis this from mining boxes to security, cool modern tech work s💲🔝
Sure. So long as the power stays on.
I liked NYC when I worked there for a few months
“Bitcoin is the New York of crypto” Eric Adams
Its a peer to peer cash system
facts
Really? I would think real estate for cash flow. Is staking the only use case for Bitcoin you were saying??
Lol, its true, no one is leaving NY, its the greatest city in the world. People (millionaires and billionaires) are just pretending to leave. There are no units in NY for sale or vacant. Its true.
Volatility.
Bitcoin is the endgame.
Michael the living metaphor…
the biggest does Not define "best"
So how can you get money from your bitcoin? Restaking?or ?
Withdrawal??
@@celebrate599 borrow money against it
Borrow against bitcoin. Buy a property for the cash, rent it out. Half of profit towards the loan and the other half for yourself. That way you don't pay capital gain tax on bitcoin, you keep your bitcoin and you have a property. You also have a debt but it generates cash flow and it never cost you selling ant of your welth/bitcoin
Yes invest in property let it work for you but try have 10 k in the vault for emergencies and lack of rent .. better still rent to a guarenteed rent management company @@klasykapolskiegohh8798
Cyber coins are software. No, thanks.
One has utility the other doesn’t
Yea this analogy didn’t hold up well… but Bitcoin is way less susceptible to corruption than a city is so at least there’s that
That being said as shitty as NYC is atm those properties are still worth a lot so
Nah, that was a horrible analogy. New York is losing population because it's not what it once was. And bitcoin is fools gold. Especially at it's current valuation.
🤝🙏🧘♂️
Wow
This was good
Because I struggle with the value of Bitcoin
I have some but I’m not all in
I got one toe in
unless a powercut
There is NO comparison to actual physical assets like land and property Vs Code. I don’t care what type of code, it can be easily vanish with a superior code.
Superior code that also gets more adoption...
And code that actually serves a purpose of some/any kind, not just the lucky solution to a brute force cryptographic puzzle.
No one gets paid to finish a sudoku or crossword puzzle. Maybe they should.
It’s the tulip scam. What is it worth?.. who knows?
You have to revisit ;-)
Revisit but stay away from the tourist areas, come to my neighborhood.
No, NYC is tangible and actually has a function.
He sold
But real estate gives an income in the form of rent!
@@livzd3064 yes but you also have to pay taxes, insurance, utilities, and then you got to maintain it. Bitcoin costs nothing to hold
NYC is a dump.
NYC is the greatest life anyone can have.
@johnottr Sad.
@@markperrin8098 Yes you are very sad.
@@johnottr Says a guy who thinks living in a total dump is the greatest life anyone can have🤣
@@markperrin8098 says a guy who lives in the greatest city in the world and I would ask where you’re from but people like you are always too embarrassed to say where you’re from and you should be.
😬
BullShit
How stupid; does someone pay rent for your Bitcoin? Is there a cash flow? Bitcoin will crash and you don’t want to be the last person out the door.
Have fun staying poor! I do feel bad for you because I was the exact same way and thought the same. It took years and countless hours of wanting to know the truth and it was hard to come to. Eventually you’ll realize it. We all get the price we deserve
Ok it will crash, but then it will go up even higher than before. Long term it's only going up
Spot on. Saylor speaks and the sycophants lap it up like a dog slurping vomit. Comparing bitcoin to NY real estate is beyond absurd, but the obsequious masses lack the critical thinking skills to challenge such a specious comparison and label him another very stable genius. CRIKEY!
@@nickydessayup
Buying every day
Mr fatih will find ur mom.
Bitcoin is going to zero, why, Greed.
Stupidity!!!
BTC is not bitcoin, fools
What ?
I see ETH going to triple sooner than BTC, you as well?
JEWYORKCITY 👿
Felix Unger.