How do you measure wealth? In the late 1990's, I proudly told a friend that I owned 100 shares of Cisco - soon to become the most valuable company on the planet. My friend responded with, "800" meaning 800 shares of Cisco! In the words of Key & Peele, "Bring it in dog."
Microsoft, Cisco, Intel and Dell were the four horsemen of the NASDAQ. Wealth was expressed in number of shares owned. Every period and every group has a measure of wealth.
When I was a tank driver in the US Marine Corps Reserves, one of my fellow marines, Sergeant Graham, had been an infantry man before becoming a 'tanker'. Sergeant Graham judged a man's wealth by his footwear as in, "those are some pretty sweet boots."
In August of 2020, my envy is for bitcoin. The current mandated limit on the number of bitcoin is 21 million. So very few bitcoin.
|Bitcoin is scarce|
|Get your bitcoin before they are gone|