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Michael Saylor argues that real estate and gold can be inefficient ways to preserve and grow wealth. Real estate requires maintenance, taxes, insurance, management, and is difficult to move or sell quickly. Gold, while scarce and durable, is physical, costly to store and transport, and historically has not generated productive cash flow. Saylor contrasts both with Bitcoin, which he views as a scarce, digitally native asset that can be held and transferred globally without the physical burdens