The simple but ugly truth you need to know about Bitcoin InvestingPhoto by Joshua Sortino on UnsplashThe idea of building wealth over time is simple. The rich have been doing it all along.They look for assets that have scarcity and desirabilityRich invest in prime real-estate like city center properties as city centers don\u2019t grow, unlike cities.Next, they invest in precious art, Collectibles, and vintage items.All of these are highly scarce and desirable!The bulk of their portfolio consists of assets that are scarce and desirable by others.Now you must be wondering, why gold is missing on this list!That\u2019s the big trillion-dollar question you see\u2026As you know, Gold is pretty scarce. Unlike fiat currencies( which never stop inflating ), gold is highly desirable and easily divisible, and highly durable.So ideally, the rich should be hoarding tons of gold, isn\u2019t it?Unfortunately, they can\u2019t, for a very practical reason.You see, Govts don\u2019t like gold.They don\u2019t like their citizens hoarding gold and pumping up its value.Govts hate GOLD as its scarce commodity money that can bring down their control over your wealth significantly.So, Govts have killed Gold price by simply outlawing ownership of more than a few kilos of it, which essentially affects the Rich and is easy to enforce as it doesn\u2019t affect the poor.In the USA, they banned gold ownership beyond 1 kilo from 1930\u20131965.In other countries, since the 1900s, there is an informal ban on holding significant gold. (except for Switzerland, which is why Switzerland is one of the richest countries to date as they respect the rich and don\u2019t aim to steal their money illegally)Governments, in general, simply seize gold ( using various mechanisms and laws ) if they find large stashes of gold and they sell it for fiat currencies.This has two effectsOne, it suppresses the price of goldTwo, it\u2026<\/p>","protected":false},"excerpt":{"rendered":"
La simple pero fea verdad que necesita saber sobre Bitcoin Investing Foto de Joshua Sortino en Unsplash La idea de acumular riqueza con el tiempo es simple. El [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3373"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=3373"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=3373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=3373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=3373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}