This is the kind of stuff that shows how the new world will make the old world obsolete. The new generation not only have Bitcoin, they are more connected, use more technology, smarter, etc. That's what the old guard forgets sometimes. #bitcoin #economics

In my view, real estate will be the real loser in the next 5 years (or more, maybe even 10 years). S&P500, equities in general and Bitcoin will recover quickly because of their nature and liquidity channels, real estate will take much much longer. Lots of smaller banks will collapse. They'll bailout only the bigger entities. Equities and Bitcoin might recover in something like 6 months, much faster than 2008 because liquidity injections are much faster now (there was no QE invented in 08), the market already knows the drill and there's nowhere to go. Equities, Bitcoin and gold are going to be the only global investment in the next 5 years (or more). Smart real estate people are now in panic and trying to figure out a way to get into cash. Taxes are also not going to help them. The world is going to change very fast. #economics #bitcoin #economy #investment #macro