Had a discussion with a family member about taking on debt to buy a house in today’s economy. I laid out my perspective: with the financial system in turbulence and a potential crash looming, taking credit right now feels like a dangerous move. Meanwhile, real estate is rapidly losing ground against Bitcoin in terms of value. To me, it makes way more sense to rent and stack #Bitcoin if you have the capital.
Their response? “Well, this is how society works. This is what people do.”
And my reply? “Just because society has always done something a certain way, does that mean we should keep doing it—even when all the signs scream danger?”
What do you think?