Billionaire twins accept an interview, discussing Bitcoin, buying homes, and saving money.
In the face of global inflation pressures, central bank policy changes, and unclear geopolitical situations, how to allocate assets has become a focus for investors.
Taiwanese blockchain YouTuber 'Bonnie Blockchain' and financial host David Lin interviewed famous billionaire twins Grant Cardone and Gary Cardone during the Bitcoin Conference 2025. The former successfully built a business worth over $5 million in 90 days on the (Hidden Billionaire) show with an investment of $100.
These twin brothers were born into the middle class, but their family’s economic situation changed dramatically when their father passed away when they were ten, significantly affecting their values. They not only declare that 'buying a home is a super bad investment' but also suggest 'don't save money' and view Bitcoin ($BTC) as the current best asset allocation choice.
Why is buying a home a super bad investment?
In Taiwan, investing in real estate is a fairly mainstream investment option.
Host David Lin revealed that purchasing his first apartment at the age of 24 was a wrong decision: 'If I had invested that money in Bitcoin instead of buying a house, its value would exceed $60 million now.' But on the flip side, he also had a place to shelter from the storm, so he can't regret anything.
Gary Cardone bluntly states that buying a home is a super bad investment. If you buy a primary residence, it is essentially a 'liability' rather than an asset.
Source: Bonnie Blockchain
He believes that although housing prices may rise in the future, most people won't sell their homes to realize profits, and real estate lacks liquidity, tying people to specific locations and missing out on better job opportunities. He revealed that he has spent most of his life renting, and his children grew up in 17 different rental homes without ever feeling troubled by it.
Moreover, after buying a home, you still need to pay insurance, property tax, management fees, and maintenance costs. Considering these hidden costs and the time and effort invested, Gary believes that Bitcoin ($BTC) is the better choice.
The billionaire brothers suggest that if you want to make money from real estate, it’s best to buy multiple properties and rent them out for cash flow, then invest that cash flow into Bitcoin.
Although Gary believes that buying a home is a super bad investment, Grant points out that about 70% of mortgage rates in the US are below 4%, and many homeowners are unwilling to switch homes due to being locked into low rates, which makes the housing market hard to collapse.
Further Reading:
Why are young people trading cryptocurrencies? He reveals one key reason: Generation Z can't afford homes, and Bitcoin is their real estate.
Don't save money! You should invest instead of saving desperately.
Facing traditional savings concepts, Gary proposes a controversial suggestion: 'Don't save money.' He shares that his sister saved $300,000 as an emergency reserve and bought a bunch of insurance, but her monthly expenses were less than $100, so this money generated no returns.
Grant further points out that a financial advisor suggested that emergency reserves should be three times living expenses, but he believes this kind of fund allocation is like playing with a yo-yo, essentially subsidizing 'emergency situations.'
He presents a rather controversial viewpoint, arguing that emergency reserves should be reduced to zero and invested in assets that are certain to not lose value. When a real emergency arises, one should not tap into their investments but seek help from friends and family instead.
Grant admits he doesn't like to have too much cash liquidity on hand because he knows he might do foolish things; Gary, on the other hand, has a different view on liquidity. He likes to plan for the liquidity of funds, and while many people worry about the volatility of Bitcoin, he sees it as a good opportunity to plan an entry.
Source: Bonnie Blockchain
Is Bitcoin the 'ultimate investment' in the era of inflation?
As early as five years ago, Gary pointed out that Bitcoin has already formed a public asset cycle, which other asset classes cannot achieve, for example, the real estate market is very opaque.
He does not believe that the global economy is so easy to destroy, nor will there be a real economic recession. If we were to be serious, the US may have already experienced a dozen recessions; it’s just that no one is willing to admit it.
He points out that much of the data provided by the government has also changed definitions, such as the definition of inflation or the VIX greed index, which sometimes does not align with actual asset trends, making him feel like he is living in a Ponzi scheme.
Source: Bonnie Blockchain
In the face of ongoing inflation and monetary easing policies, Gary believes that when you hold the right assets, inflation can actually be a very good thing. The brothers both believe the government will continue to print money, pushing up the value of Bitcoin and other tangible assets like real estate.
Gary points out that the US dollar supply has surged by 40% in the past five years, and the arbitrary issuance and manipulation of currency are the root causes of social problems, as people see no hope of turning their situation around under economic pressure.
He views Bitcoin as the 'ultimate investment', believing that holding Bitcoin is not a savings plan. As long as daily expenses do not exceed the value of Bitcoin held, there is no need to earn other income, so he prefers to put money into more promising investments.
The goal of Bitcoin and other cryptocurrencies is to simplify complex value chains and reduce intermediaries. For example, energy providers can directly convert natural gas into Bitcoin, saving on high storage costs.
Gary emphasizes that the cryptocurrency market is a very open market. You don’t need a special background or education to enter this field. Even if you only buy 0.1 Bitcoin or don’t invest at all, this emerging field will welcome you and find you job opportunities.
Will Bitcoin + Real Estate become a lending trend?
Both brothers are currently Bitcoin investors. Grant started accepting Bitcoin in 2013 and continued to increase his investment in 2016 and 2020, albeit not by much. He now invests in Bitcoin through a regular investment plan.
He predicts that using real estate investment returns to purchase Bitcoin can achieve a 'real estate + Bitcoin' mixed allocation, believing that combining the historically significant real estate with the highly liquid asset of Bitcoin can create tremendous synergies:
Although we've been complaining about real estate, the US still has quite good mortgage conditions. I think the future trend is to combine real estate with Bitcoin to create a mixed investment approach. For example, pairing $100 million worth of Bitcoin with $100 million in real estate, then securing a $120 million long-term loan.
Gary puts forth a more optimistic speculation: What if one day we can borrow 80% to buy Bitcoin? What would happen? He believes that real estate, Bitcoin, and stocks/bonds are all investment tools. He could continue to invest in Bitcoin over the next eight years, and structurally, they can perfectly complement real estate, for example, by pairing a four-year Bitcoin investment period with a ten-year real estate holding period.
He won't criticize those who print Bitcoin or invest in real estate, but if you completely avoid investing in Bitcoin, that is a huge mistake.
Source: Bonnie Blockchain
Further Reading:
Billionaire Blockchain Interview with Schiff! He fiercely criticizes Bitcoin's lack of value: Young people are misled and will eventually wake up.
'Billionaires: Don't buy homes, don't save money! In the era of inflation and turbulence, what is the best asset?' This article was first published in 'Crypto City.'
