Why Real Estate Vs Bitcoin Is NOT Even Close
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 10 December 2024
⏱️ 41 minutes
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Summary
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Visit Ken's Bookstore: https://kenmcelroy.com/books
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
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Transcript
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| 0:00.0 | So the million dollar question is, can you retire faster on real estate or Bitcoin? |
| 0:05.8 | And with all the craze over crypto, we're going to break down why we think real estate is the |
| 0:10.9 | better investment and what Ken really thinks about crypto. |
| 0:14.9 | This is a dicey one today because there's going to be lots of activity on this. |
| 0:20.3 | So I always go back to first of all, we have Bitcoin. I going to be lots of activity on this. You know, so I always go back to, first of all, we have Bitcoin. |
| 0:24.3 | I want to be clear on that. |
| 0:25.7 | We're not against it. |
| 0:27.2 | But, you know, I go back to the three things that all money or currency needs. |
| 0:34.8 | And one is, is it a store of value? |
| 0:38.5 | I don't believe so. |
| 0:39.7 | I think people would argue with me on that. |
| 0:41.4 | Two, |
| 0:42.0 | is it a unit of account? |
| 0:44.0 | And three, |
| 0:44.8 | is a medium of exchange. |
| 0:46.3 | And I know that, |
| 0:48.3 | you know, |
| 0:49.3 | George Gavin did this great video. |
| 0:52.2 | If you guys haven't looked at, |
| 0:53.1 | go check it out on his channel. |
| 0:54.4 | He went down through Argentina with Bitcoin and with gold and with cash. |
| 0:58.6 | And he was trying to use Bitcoin. |
... |
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