Hey SatsMate Crew,
As time passes, we see individuals owning fewer things and large multinational companies/private equity firms are becoming more and more valuable.
I don't see this trend reversing because many companies have built wide moats around their business to keep their strides strong and continue growing at the expense of nothing else.
In the end, self-custody is critically important, but also we must do what we can to try and own things outright in this world. We often make payments on so many things, and in the end, we end up with close to nothing. This is a sad way to live! Specifically, in this podcast, I discuss the following topics:
- Property taxes and people "owning their home", the reality of home ownership
- 12 words being banned and what ownership is
- Subscription models on everything, having no ownership in this world
- Homes being bought up by private equity companies that bow down to shareholders and the dollar
- Debt-based slavery
- Taxation of the middle class
- Everything is designed to break in the consumerist society we find ourselves in
- Media companies normalizing the ownership of nothing and the renting of everything
What are your thoughts on the ownership of things? Are you fine owning less and less, and letting large private equity firms buy everything up?
I know the convenience is worth it on some things, but it hollows out the American dream. I'd love to hear everyone thoughts on this! Thanks for tuning in.
Best Regards,
Bitcoin Buys: https://invite.strike.me/2MSTYG
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Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment.
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