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Replying to Avatar Sourcenode

I spoke with a very wealthy family friend recently who enjoys playing with real estate and land development.

He bought a property in 2012 for 250K that is now worth more than 3M. That's approximately a 21% ARR.

I explained that the same amount of Bitcoin would be worth more than 3B today.

His response was that hardly anyone was buying Bitcoin back then.

The same is true now.

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Marc 7mo ago

You also needed 250k, or the ability to borrow it to get that return.

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