In any case, an interesting point of view. I had a similar discussion today with a German fellow somewhere on a Turkish beach. He plans to sell his house in Germany which he proudly bought for β¬400k and which is now βworthβ β¬1.1M. In 9 years at age 60 he wants to swap the property for 3 appartments in Marbella, one as a retirement home and 2 as an AirBnB Cash Machine. Solid plan for sure. But with broken Fiat money, what if the thesis will no longer work?
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βπΈ#Bitcoin Will Drink Your Milkshake
Boomers had the most favourable economic conditions of any generation.
They had government policies cater to them in every possible way to facilitate their prosperity:
- Education
- Abundant Jobs
- High Salaries
- Cheap Bank loans
- Government housing programs
They bought their homes for a handful of berries and now expect younger generations to pay millions for them to fund their retirement.
Not gonna happen. The party is over. Bitcoin will drink your milkshake.β
via @BTC_Archive 