Imagine a world where Bitcoin becomes the global monetary standard. In this future, real estate will no longer be the go-to "savings account" for wealth preservation. Why? Because Bitcoin will outshine property as the ultimate store of value. House prices will plummet to their utility value – reflecting what it costs to live in them, not to hoard them as investments. Homes will become a liability, not an asset, as maintenance costs outweigh their market worth.
The wealthy won’t bother amassing property portfolios. Instead, they’ll stack Bitcoin, a scarce asset that grows in purchasing power over time. Under a Bitcoin standard, the cost of building homes will trend toward zero when measured in Bitcoin, thanks to its deflationary nature. But in dollar terms, house prices will skyrocket forever, dragging your cost of living along with them.
The takeaway? Save in dollars, and you’ll face an ever-rising cost of living. Save in Bitcoin, and your cost of living will shrink over time. The future is bright for Bitcoiners!