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Replying to Avatar Chris Neal

HBD!!! Real estate is IMO a great analogy to understand bitcoin and “crypto” and the differences. Not all real estate is created equal it’s all about positioning (location, location, Location). Manhattan or beach front San Diego vs. Death Valley desert, Antartica or mars. Sure they’re “scarce” but there’s no economic activity happening and it’s economically infeasible to develop them, Etc.

Good on you for taking the high road and maintaining a Low Time Preference. Stay humble.

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Gigi 1y ago

Good analogy!

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Chris Neal 1y ago

Thanks! I’m standing on the backs of giants on this one, but it’s helpful to take analogies further to help people understand, Especially no coiners.

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