Replying to Avatar Mr. Sat Stacker

Of your a bitcoiner, you may. But the answer is clear on housing. In a bitcoin standard idle capital will not be parked in a costly depreciating asset (liability when you input tax, insurance repairs and litigation)
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ภ๏รtг๏ภคยt 4mo ago

Me, a bitcoiner? I wish...I can't afford to stack. I had to sell the $19 of sats I did mange to skim off my pay, for dinner yesterday. Not sure about tonight. Probably chemical filled food. Box Mac&Cheese with hotdogs most likely...

If housing is a depreciating asset, what happens to the housing market for regular everyday people on the bitcoin standard when it takes over eventually?

Just SOL? Go homeless?

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Mr. Sat Stacker 4mo ago

I think housing gets cheaper. It will be used to live in vs invest in.

Are you in the US?

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ภ๏รtг๏ภคยt 4mo ago

🤔 that would make housing ALOT cheaper.... just not sure if it'll be fast enough to keep massive amounts of people from going homeless as we transition.

Yes. Michigan.