Replying to Avatar BankSith

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 €400k and which is now β€œworth” €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?

πŸ‘‡πŸ»

β€œπŸ”Έ#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.”

via @BTC_Archive

bc
Y⚑ 1y ago

Solid

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