everything i poast here is scrap i gathered around le internet since i hab no original thot ^_____^
What assets make up wealth?
you'd notice 2 main things: #1 - primary residence + real estate as a % of wealth decreases over time #2 - financial assets (in blue) increase over time bonus notes: rich people do not depend on retirement schemes> let's talk house primary residence peaks at ~45% for people with 100k networth and continually dives down as people get richer, why? the ceiling for primary residences essentially caps out worldwide at ~$50M yeah, there's some crazy exepensive houses, but those are o...
What assets make up wealth?
you'd notice 2 main things: #1 - primary residence + real estate as a % of wealth decreases over time #2 - financial assets (in blue) increase over time bonus notes: rich people do not depend on retirement schemes> let's talk house primary residence peaks at ~45% for people with 100k networth and continually dives down as people get richer, why? the ceiling for primary residences essentially caps out worldwide at ~$50M yeah, there's some crazy exepensive houses, but those are o...
What assets make up wealth?
you'd notice 2 main things:#1 - primary residence + real estate as a % of wealth decreases over time#2 - financial assets (in blue) ...
What assets make up wealth?
you'd notice 2 main things:#1 - primary residence + real estate as a % of wealth decreases over time#2 - financial assets (in blue) ...
TRON Blockchain
lemme expand on this a little bit.getting money out of china is annoying. before crypto existed, there existed black market tradfi currency dealers. Old capital flight model is simple, u xfer money from china account to their china account, they xfer money from their hk account to ur hk account (or vice versa). $ is now washed without any real connection. Professional black market currency dealers can operate near-indefinitely without being caught (know people personally who have been using s...
TRON Blockchain
lemme expand on this a little bit.getting money out of china is annoying. before crypto existed, there existed black market tradfi currency dealers. Old capital flight model is simple, u xfer money from china account to their china account, they xfer money from their hk account to ur hk account (or vice versa). $ is now washed without any real connection. Professional black market currency dealers can operate near-indefinitely without being caught (know people personally who have been using s...
TRON Blockchain
lemme expand on this a little bit.getting money out of china is annoying. before crypto existed, there existed black market tradfi curren...
TRON Blockchain
lemme expand on this a little bit.getting money out of china is annoying. before crypto existed, there existed black market tradfi curren...
