70% of Americans can’t afford a median home. Why?
Broken money forced people to use real estate as savings, making homes unaffordable. Houses aren’t savings accounts, they’re meant to be lived in.
#Bitcoin demonetizes housing, drives prices down and puts families back in homes.
https://blossom.primal.net/64276f87e5c74dd5b0981a8c5227aaf0aa04182b660479f152f5aeb0eb5c5db5.mp4
Need to get in touch with Dad Mallers
The problem is bigger than that.
Banks take the people's money stored in banks and buy up all houses. It's done on purpose to keep us in poverty and in debt through mortgages.
They eventually made corporations like black rock who are purposely buying up all the homes so we won't have access to buy them.
Bitcoin will eventually change this by the banks not having access to our money but the crypto exchanges will try to do the same. We must teach people to not store their saving on exchanges.
Amen. Have you read The Great Taking?
I know something that fixes this 😎 
Same Down Under... Can't start a family without a place but the market is insane!!!
Australia is in a league of its own when it comes to most, having their heads up their butts.
It’s so sad.
stay humble and stack sats on ice.
Fix the Money Fix The World✨
Fix the Energy Fix For Freedom✨
also, advertising and forcing both parents to work made incomes weaker and living costs higher, especially housing costs. and let me not get started with immigration as a problem for housing costs.
I find this so hilarious, a few days ago investanswer on youtube posted the following video:
https://www.youtube.com/live/OFAJIAffjyI?feature=shared
assuming btc wont attack probably the biggest addressable market in the world.
Its such a no brainer that BTC will attack real estate
i think it is not just a american problem it is the same in every western country
We're all on the fiat standard....
Jack, I respect and enjoy your work to the highest. Thank you for your efforts. You are a young lion.
Best video I’ve seen today 🫡
nostr:nprofile1qqswrlyglr3hs7z9slprxl6why9ydsxqvgky9emawhky5d6jruc0vgspzfmhxue69uhk7enxvd5xz6tw9ec82cspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqglwaehxw309a3xjarrda5kumtp0p5k6ctvd9ehguewdahxc6twv5hh7c0v the beacon is lit, time to talk about MBS!
The fraudulent, government captured MBS industry is a major component of this issue, along with the broken money of course. https://youtu.be/j4IriSJ0kmE
Just stack sats and stay humble. Everything will happen in its own time. We are right. ₿
Truth 🧡🫂
Real estate is illiquid, not fungible, subject to obsolescence, and easily captured and weaponized. In fact, it’s a terrible savings account. This tells you how broken money is if we’ve reached this point.
Keep being awesome, Jack 🫡
Sure fiat is to blame, but 100M foreigners in America -most of them getting government assistance for housing- doesn’t help the situation either
Just a thought: since 1971 the U.S. dollar as the global reserve currency has been draining wealth from every other nation. Americans still get the best cut of the scam, that’s the Cantillon Effect. And guess where desperate people try to escape to?
“desperate people” is a single-digit % of the immigrant population in the USA. Millions of people have gotten there thanks to NGO support and while it might be framed as escapism from shitty places in search of a better life, that’s just marketing.
As for draining wealth from other countries, their own governments are extractive enough to do serious damage, with or without the banking cartel, and that’s been happening for centuries and will continue until the world is full of benevolent dictators who Bukele their nation.
I won’t begrudge people genuinely escaping poverty if they make it to the US but only if they assimilate into American culture. Almost none of them do though, they bring the cultural values that made the place they escaped from shitty, and attempt to recreate that in America. Even Bitcoin can’t fix that.
Out of curiosity, what are your own roots? Did your ancestors bring european, african, or asian culture to america? Did they assimilate into the culture of the native americans? Or do you actually descend from them?
And there you nailed the point - the native Americans were conquered. And the colonizers built arguably the greatest civilization in known human history, on land that was once untamed, wild, unproductive.
I don’t want civilized America (or Western Europe) now conquered in reverse by savages who bring cultures of rape, violence, and filth.
My ancestors were immigrants at one point, yes - and they had a hand in BUILDING the America that everyone knew, loved, and has desperately tried to get to.
My ancestors brought “American” values to the continent. Not 3rd world customs.
8M people in NY still don’t have access to strike. Why?
New videos have been perfect for sharing to friends and family. Thank you Jack 🙏
Actually it's that we just don't let people build houses or claim unused land easily/cheaply, probably because crude oil supply and demand forced us to design population control into our society
Ⓑ reaking
Ⓘ nstitutions,
Ⓣ rustless,
Ⓒ ode
Ⓞ ver
Ⓘ ntermediaries,
Ⓝ ever compromised.
Me think it’s below
B insert whatever the bitcoin emoji is I don’t remember
I am who who is what what … nostr:nprofile1qqsv00whrppnywvvupmz6qg7a0kzyyfxpv0uv5fu972c4dxhc09gvacpr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7yj39es
Titcoin for the Funzies
Cock of the walk
Oneness
Indiana
Nachos TAXOS
N
Absolutely right and logical! When people are forced to invest in real estate instead of real savings, prices skyrocket. Bitcoin can help shift homes back from being investment assets to actual living spaces.
Actual
Living space . I like the concept
When people are forced to invest in real estate instead of real savings, prices skyrocket. Bitcoin can help shift homes back from being investment assets to actual living spaces.
nostr:nevent1qqs9erxxxsvp0dlhm5d4n7jtkz5elp69gdxgdj5nrvzl2vu8llx369gpp4mhxue69uhkummn9ekx7mqnqsgdq
Come check out the podcast! 🎙️
single family homes were bought up by investors and those investors are unfairly profiting. the housing market is broken. most homes are purchased by those over 50.
While I agree with the sentiment that demonetizing residential real estate is important for long-term affordability, folks need to understand that the way your community funds it's fire, police, parks and schools is through a local property tax levied on the fiat value of a home.
Cratering fiat housing prices mean cratering local public services. We only want the demonetization to occur when measured in BTC because we haven't solved how to fund public community services in another way yet.
I find this a very interesting point. Yes, today local services depend on fiat property taxes, so we only want housing to demonetize in BTC terms. Under a Bitcoin standard, funding would come through direct BTC taxes, usage fees, local responsibility, and leaner, transparent budgets - rather than hiding behind inflation. I suppose that’s the challenge.
It would be possible to adjust the property tax rate to account for the drop in price.
The challenge here is that you reinforce the spiral. There are indeed communities with levy rates of 18-25%+ but it is generally a sign the community is financially insolvent. The individual and community incentives are in conflict.
That is in the current paradigm. If house prices fall because they no longer need to be stored of value higher % rates would not necessarily signal the same thing that they do now.
Say the current rate is 4% which = $1000. If house prices fall so that $1000 is now 25% the actual dollar value being paid is the same but the house prices are more affordable.
Or am I missing something?
If #bitcoining is how we get housing affordable again, let’s get as much people as possible to Study #Bitcoin and #grownostr⚡️💜🍊
Check out the epic video by nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3vamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmnyg7hcf9 below!
nostr:nevent1qqs9erxxxsvp0dlhm5d4n7jtkz5elp69gdxgdj5nrvzl2vu8llx369gpp4mhxue69uhkummn9ekx7mqnqsgdq
Locally non-Bitcoin ers want tourist tax on homes not used year -Round and I agree with them.
1. They aren’t putting their money back into the economy year-round like locals are and two. #GFY if you don’t understand
My hope is Bitcoin demonetizes everything.
Using homes as savings and societies allowing it is a quite self-destructive policy. Top-notch regarded.
is there something less pink to use than uniswap?
I rather rent it’s more affordable
I work extremely hard. More than most. I earn in fiat, a decent amount.
I converted all my extra fiat to bitcoin as it came in this last month.
One day it will likely be enough to buy a house for my son.
I know this is true.
There is no way even 1% of humans actually believe this.
Still, very early.
Mailbag Monday was lit AF (kid’s show). Thanks for showing up, and not shutting up. You explain this stuff so vividly well.
nostr:nevent1qqs9erxxxsvp0dlhm5d4n7jtkz5elp69gdxgdj5nrvzl2vu8llx369gpp4mhxue69uhkummn9ekx7mqnqsgdq
That's fuckin' exciting!
Do you know you can earn daily from mining?, send me a dm
💯 wouldn’t it be better to produce this as a vertical video for TikTok, Reels, etc?
Yes nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqgkwaehxw309aex2mrp0yhxummnw3ezucnpdejqc9t3ww ! Excellent video. So concise.
Real estate bubble!
70% of Americans can’t afford a median home. Why?
Broken money forced people to use real estate as savings, making homes unaffordable. Houses aren’t savings accounts, they’re meant to be lived in.
#Bitcoin demonetizes housing, drives prices down and puts families back in homes.
https://blossom.primal.net/64276f87e5c74dd5b0981a8c5227aaf0aa04182b660479f152f5aeb0eb5c5db5.mp4
If by Americans you mean Blackstone and their ilk, sure. There are plenty of houses, they just have the wrong owners.
Brilliant video, well done!
We support saving, home-ownership, bitcoin-ownership, and all other ways of taking good care of your family ... but if you're stuck outside having to camp, why not check out camping gear at https://horizon-seekers.de ?
How can I share this video to my non nostr friends?
As always, nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqyg8wumn8ghj7mn0wd68ytnhd9hx2kz4jk3 nailing a clear summary of one of the main societal issues Bitcoin can fix or at least mitigate🤝🏻🔥
nostr:nevent1qqs9erxxxsvp0dlhm5d4n7jtkz5elp69gdxgdj5nrvzl2vu8llx369gpp4mhxue69uhkummn9ekx7mqnqsgdq
It can be frightening to consider the prospect of real estate being demonetized when you've spent decades being a good little citizen, following the advice of the 'experts' who told you to store up your wealth in it.
It's critical we hold the liars to account instead of letting them divide and conquer us. The same MSM that convinced millennials to go deep in debt for a college degree also convinced boomers to wreck their health by replacing butter and eggs with margarine and corn flakes.
Yeah so many people don't understand that cars & houses are consumables, not investments
I just had this conversation on X
It's all one big scam! Chasing the American Dream for most people, is actually a nightmare, all the components of it just put you in debt, hence this cycle of resentment most people live in
Going to College, puts you in debt
Buying a House, puts you in debt
Having Kids, puts you in debt
Debt ridden citizens are obedient citizens. It's all a scam to keep you down!
Illegals.
Illegals are the problem.
Get rid of illegals and housing dramatically improves.
How you face this transition is key:
1) If you want to own a home, save in bitcoin. Then be patient.
2) If you want a graceful exit from your single-family real estate portfolio, lever into bitcoin. Then let bitcoin be your profit when you end up exiting to a family instead of a hedge fund or REIT.
These two actions will allow each side to meet gracefully in the middle where real estate will stabilize at its functional value.
nostr:nevent1qqs9erxxxsvp0dlhm5d4n7jtkz5elp69gdxgdj5nrvzl2vu8llx369gpp4mhxue69uhkummn9ekx7mqnqsgdq
