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Replying to Avatar Rajat Soni, CFA

Baby boomers spent their entire lives buying homes and paying them off, dealing with tenants, etc

In a few years, Gen X, Millennials, and Gen Z will be able to buy those homes for the equivalent of 0.5 #Bitcoin    or less

Today 0.5 Bitcoin costs ~35,000 USD, and a house costs ~$400k-$500k

Why am I so sure of this?

Bitcoin is superior to real estate as a savings technology and most baby boomers have ZERO ALLOCATION

Most of the supply of Bitcoin is held by people who have some understanding of the technology

Most baby boomers don't even know how to properly use a computer (if you do, YOU'RE UNIQUE)

They will be the latest adopters of digital money

If your goal is to buy a home, STUDY BITCOIN FIRST, and THEN decide.

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HyperTangled 1y ago

...i feel so lucky to have spent the time trying to understand this thing i called an "investment"

I felt in a rabbit hole and probably spent over 3000 hours studying austrian economics. Had no idea what it was at the time, but it's the curiosity that allowed me to become enlightned.

Now im a maxi, sold all my stocks and shitcoins for this masterpiece!

#bitcoin

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Rajat Soni, CFA 1y ago

That's good, it's never too late

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