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Maxis who claim "real estate is a shit coin" and such, live in a fantasy world. There has never been a time in civilization where every family "owned" a home, rentals are a constant in civilization.

Bitcoin won't change that you need dilithium crystals, transporters and replicators to change that.

So long as people want to rent homes, there is a business model in being a land lord. And quite a good one.

The reality here is the same shit over and over, typical pattern. Those that don't want to learn how to do a thing, come up with why the thing is "bad". It is retarded and it makes you look like a retard to anyone who is informed on the matter.

Same shit when I teach say gardening for preppers and some dipstick says, "but when the shit hits the fan the zombies are just going to see me as a target and steal my tomatoes".

Just shut up and say I don't want to grow a garden (invest in real estate) because it is too complicated for what I want in my life. Then I will respect you, but using ignorance as a shield makes you look like a fuckin idiot.

Mr. Fred Rogers 2y ago

I think many would just say that in Bitcoin terms, rentals will lose. People are hyperbolic saying it’s a shitcoin.

In terms of profitability, liquidity, portability, and ability for a state to jack with the regulations or taxes etc., Bitcoin usually wins.

I say, increase Bitcoin position until people are a bit nervous, then consider diversifying, mainly for emotional reasons.

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Discussion

Jack Spirko 2y ago

I say with the avg income people have and the sheer small amount of surplus capital they have most will fail with a just buy BTC by mining fiat at a JOB strategy. It will be better than most workers do but not good enough if you really want more in life.