Real estate has become a store of value because there was no good alternative. Real estate has a primary function (dwelling) that has to compete with the store of value function, which is the reason we have this asymmetry. #Bitcoin will replace this store of value function so that real estate costs can represent its proper function again.
Discussion
Few..
Pure hopium (which I chose to believe, too).
I read these books to reach this conclusion. Maybe if you read the same books you will not use the word hopium anymore.
Human Action - Ludwig von Mises
Anatomy of the state - M Rothbard
The law - F Bastiat
Broken Money- Lyn Alden
The Politically Incorrect Guide to Capitalism - Robert P. Murphy
Principles of Economics - S. Ammous
Early Austrian economics - Israel Kirzner
Check your financial privilege - A Gladstein
The theory of money and credit - L von Mises
Keynes Hayek - Nicholas Wapshott
Bitcoin is Venice - A Farrington & S Meyers
A history of money and banking in the usa - MN Rothbard
The Revolution - Ron Paul
The history of money - Jack Weatherford
Democracy: the god that failed - HH Hoppe
Economics in one lesson - Henry Hazlitt
The 7th property - Eric Yakes
When money dies - Adam Fergusson
The price of tomorrow - Jeff Booth
The bitcoin standard - Saifedean Ammous
The fiat standard - Saifedean Ammous
21 lessons - der Gigi
Principles for dealing with the changing world order - Ray Dalio
Layered money - Nik Bhatia
Economics for real people - Gene Callahan
The black swan - NN Taleb
Superforecasting - Tetlock & Gardner
The sovereign individual - Davidson & Rees-Mogg
The bullish case for bitcoin - Vijay Boyapati
Rules for radicals - SD Alinsky
My man is Dedicated to knowing things.
Knowledge is Power!!!!
I would add The Creature from Jeckyll Island to that excellent list.
I started Human Action, but got exhausted. The rest I did not read and probably never will. So you are obviously much smarter. Still, if there is free will, and randomness, and complexity, nobody can know for certain, what will happen. Or when it will. Let’s just hope, you and all that authors are right.