Someone left a comment saying "I'm new to Bitcoin, real estate is still a great investment, great video"

Or something like that.

I took some time and crafted a message back in response.

--‐--------------------

Real estate only goes up in value because they're printing money.

Scarce real estate like farmland or ocean front property will continue going up in real terms but everything else will trend toward zero against bitcoin.

$450 trillion worth of non-utility assets will flow into Bitcoin over the next few decades

And that's because even if you factor in the cash flows and tax savings, Bitcoin's performance MOPS it.

And performance is just one part.

Bitcoin is absolute scarcity.

Real estate is kinda scarce.

Massive difference in absolute scarcity and kinda scarce.

Homes will get cheaper and cheaper to build because of technology and demand will continue to fall.

We cannot create more Bitcoin no matter how much demand there is. And there is going to be a lot.

Bitcoin is much more liquid.

Bitcoin's value can be verified by visiting a website.

Bitcoin is highly divisible.

Bitcoin can be sent to anyone the planet for hardly any fees.

Bitcoin is not affected by hurricanes or floods.

Bitcoin has no maintenance.

Bitcoin has no tenants.

Bitcoin is globally recognized.

And you can buy $5 worth of Bitcoin.

I spent some time on this response because you mentioned you were new to Bitcoin.

Hope that helps. 🫑

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Discussion

When I get that comment, I put them on slightly firmer ground. Take a property price they know of from 5 years ago. Convert to gold price equivalent. Then bring both forward to present, see the shock on their face and suggest they now try with bitcoin

Property doesn't need technology to be valuable.

Technology doesn't need property, period.

AIs don't need to rent a house.

Demand ⬇️

BITCOIN IS DIGITAL PROPERTY...

I CONTROL MY PRIVATE KEYS. Nobody else can access or move my Bitcoin without my consent.

IT’S BORDERLESS. I can send it anywhere in the world, no bank or government approval needed.

IT’S CENSORSHIP-RESISTANT. No authority can freeze or seize my Bitcoin if I secure it properly.

IT’S MINE TO HODL. I decide how long I hold it, no pressure from anyone else.

NO MIDDLEMAN CAN STOP ME. Transactions are peer-to-peer, cutting out banks or payment processors.

IT’S VERIFIABLE. I can check the blockchain myself to confirm my Bitcoin’s authenticity.

IT’S FINITE. Only 21 million will ever exist, and no one can inflate that supply.

I CHOOSE MY WALLET. I pick how I store itβ€”hot, cold, or otherwiseβ€”based on my needs.

IT’S PSEUDONYMOUS. My transactions don’t need to reveal my identity if I don’t want them to.

I CAN USE IT ANYTIME. The network runs 24/7, no holidays or bank hours to worry about

You might want to grab some while supplies last...

I appreciate your passion, but I understand bitcoin and have some. I'm simply saying you can't compare it to water and land. Turn the power off, and we'll see how well bitcoin serves you.

Okay so what ... My guy if the power goes out and doesn't come back on gold, Bitcoin, silver , Fiat are illrelivnt...

Guns , ammo , food etc .. will be more valuable.

Is the electricity your biggest worry then ? Is that all ? πŸ€”

Heheh. Yes, bullets, food, and water. And land. Before you're cult-like rant explaining bitcoin to a person who already understands its importance, my guy, all I said was property doesn't need technology, or energy input, for that matter, to be valuable. I don't understand why that's triggering for you. You people are like religious zealots. It's wild.

You're assuming there will always be power and internet.

Absolutely if it ever goes out , game on ...

The "what if the power goes down" argument is probably the lamest one in the book.

In that case, yes, Bitcoin will be useless.

So will gold.

So will Tesla stocks.

So will money in the bank.

The only things of value will be food, water, and guns.

BUT - when the power comes back on - and it eventually will - you will have the exact same amount of sats you had before it went out.

Same with land, but that same land provided you with food and water the whole time. Just sayin'.

You don't really own the land though.

Try putting the land onto a QR code and hopping on an airplane with it.