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Why Traditional Money Is Losing to Bitcoin
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Categories:Education/Finance
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For wealthy people, for them, the most
the the most scariest things for them is
how do I keep my money? How do I not
lose it? How do I the government
shouldn't take it away from me? I want
to move from Russia. I have all this
real estate in Russia. What am I want to
move to? Like, it's a big problem.
Bitcoin solves all of it. Anyway, this
$450 trillion every year between natural
disasters and uh rioting and zoning laws
and elections, all these stuff loses
around 1 or 2%. It's like 10 to 15
trillion dollars. What people don't
think about 10 to 15. You think you're
saying that that it goes maybe it goes
out from here, but it goes over here.
Insurance companies have to pay for
natural disasters. Somebody is losing.
It's going all over the place. So the
volatility what you're seeing in Bitcoin
it's $2 trillion the whole the whole
market cap of it is it's not so much if
you want to look at re where you're
really like losing a lot of money but
you don't see it is over there in the
$450 trillion.