Mark Moss argues holding cash loses to inflation and taxes. Instead, buy assets, leverage them with debt to defer taxes, and let them appreciate. He projects a single coin could hit $43 million in 50 years.
I think this is the way to do it. We use fiat to acquire assets, then we leverage those assets with debt so we don't pay the taxes on them, especially when this asset is potentially on its way to $43 million like I think it can be in less than 50 years.
That's per coin.
That's per coin.
That's your estimate. And by the way, I'll say it again, we don't make recommendations. We're an education company. I want you to think about what we're saying here because it just makes no sense to save dollars. I mean, Rich Dad Poor Dad, 27 years old now, said savers were losers. I'll repeat Michael Saylor's thing because he's one of the biggest holders of Bitcoin. He says, what do you call somebody who saves fiat dollars or fake dollars poor. And unfortunately, Mark, that's what's happening. As you know, the poorest people are working hard for dollars and they're saving dollars. They're screwed. And every 90 days or 100 days, they're printing a trillion dollars in fake dollars. We're bankrupt and they're still saving dollars or yen or peso or euro. It makes no sense to me.