The ultimate alchemy 🧙🏻 is transmuting base substances into gold - the philosopher's stone.
After thousands of years of research, humans almost found a solution to create gold, but it is too costly to feasible to build one 💰.
Modern alchemy does not seek to create gold anymore. Instead, they are creating value for money 🎰.
In the modern standard, gold is no longer valuable. The most valuable things are the most useless things in the world.
Yacht History Supreme costs $4.5B.
However, the most valuable things are debt.
Why is debt more valuable?
✅ Debt generates cash flow
Weird it sounds, but owning debt of someone generates cash flow.
✅ Debt guarantees incomes
Debt produces incomes, and it will never default.
✅ Everyone encourages to take debts
Nations encourage you to take more debts.
✅ Debt creates recessions
When debt accumulates over the work output, it starts to reduce its value. The recession will come after.
✅ Recession does not discourage debt risks
Even though the recession is coming, the government still promotes more debt.
✅ Nation does not need to pay off debt
Yes, as long as you can have a cash flow, you do not need to pay it off. It applies to the nation only!
The cycle went on and on until cryptocurrencies were invented.
Modern alchemy invents debt.
✅ Cryptocurrencies can reduce debt risk
It breaks the debt loop and pays off debt if possible.
✅ Cryptocurrencies create a new credit cycle
They re-invented the money that does not rely on debt.
Do you want to own debt or cryptocurrencies?