Caught up with an old high school buddy while I am in Chicago for a couple of days.
He’s a successful sales leader in an average industry with a couple young kids. Very much a normie in many different ways even though he bought and held some bitcoin back in the day at my recommendation. What caught me by surprise was how financially oriented most of his interest was…he’s thinking about buying some businesses, another rental house, etc…
I think we’re at peak financialization of everything.
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Did he sell his bitcoin?
He has not but was thinking about selling it to buy an Airbnb 🤦🏻♂️
Oh my. I have friends like that. ‘This seems to simple’, ‘my guy says to diversify’, ‘take profits’, etc.
Managing an Airbnb sounds like the biggest pain in the ass for a minimal amount of fiat dollars
Yes, agreed. Everyone in their own way is chasing their version of the debasement trade.