To clarify my previous comment, yes, most hard assets will outlive fiat, but I question whether they'll necessarily outlive Bitcoin (BTC).
The major benefits that BTC has over other hard assets are:
- A hard cap on its supply
- Portability, unlike the typical house (and good luck transporting $10 million of gold with you)
- Censorship-resistance
- Not controlled by a centralised authority
- You can lend BTC to anyone in the world, unlike property, gold, art.
- It's far to fractionalise BTC than the above-mentioned assets.
You get the gist.
It's far easier for governments to seize property, gold, art, etc. than BTC.
If BTC is held on a centralised exchange, then it's simple. Otherwise, governments have to deploy vast resources to get control over it.
Until someone cracks Bitcoin's encryption (if they manage to do so before its blockchain moves to a quantum-resistant one), Bitcoin will remain numero uno.
Thanks for reading my article and comments. Have a nice day.