2.2 billion houses on earth
21 million bitcoin
Per nostr:npub1rjex4gdn5tzxwmsda3hknlpqutcf0z48uwhauqrzgkt4aex5tv7s0aepep that equals about 4,200 sats per house
Fucking crazy
AND that's if houses were the only asset class
Even bitcoiners are underestimating the real value of bitcoin
I love this kind of posts
In gratitude I give you a zap worth a bathroom!!
Thank you. It'll be a very nice bathroom
Ok, I get confused on this one.
if 4200 SATs would pay a team of people to build a new house for 6 months and the property...then that's what the house will be worth.
I would assume in that world that a yearly salary would be somewhere less than 4200 satoshis.
So my question is, Is it SATs per house or SATs per monetary premium of a house?
So if a house is valued in 10% above it's utility as an investment asset, then the 10% monetary premium should end up evaporating from the house as there would be no other investors willing to pay the premium as they are already saving in Bitcoin.
So it seems like there's a weird elastic stretchy relationship between money and real world stuff.
I am going to need a bigger napkin
