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thoughts on real estate:

1.) As a land lord you aren't producing anything

2.) As a landlord you are dependent on 3+ (probably 5+) other people's work in order to profit from that ponzi.

3.) Real estate people are measuring in dollars.... the dollar is about to lose global reserve currency status and the dollar and everything else are about to be priced in the new global reserve currency (bitcoin)

No shitcoin is global, or decentralized.

They all have ceo's, headquarters.... they are like intranets where bitcoin is like the internet.

SPA (Super Phat Arrow) 1y ago

1.) There is nothing wrong with renting property you own because you have already produced enough to own it. Taking advantage of a credit score system to loan money to rent out a property to someone that can't loan money to buy the property is fiat shenanigans, but it's as free a market as we can get on the bullshit fake money standard we are on.

2.) As a shareholder of a company you are dependant on the employees of the company's work in order to profit. Welcome to capitalism, you sound like a communist.

3.) Real estate people are measuring in FIAT! Dollars are a USA thing and real estate is worldwide.

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Discussion

Matthew J 1y ago

1.) do your thing.

point still stands. bitcoin > land lording

2.) do your thing.

bitcoin > corporations

3.) fiat is global. dollars are US. there is also euros, yen, and hundreds of others.

point still stands. us dollar will lose global reserve currency status. bitcoin will be next global reserve currency. everything will be repriced in bitcoin terms.

measure in bitcoin > measurement in any fiat

SPA (Super Phat Arrow) 1y ago

Right, you are talking from an investment perspective. Ok, I get that. Ngu, right?

So while you aren't buying property because Bitcoin is a better investment, you need to live somewhere and pay rent.

Is that why you don't like landlords? Where do you want to live?

Matthew J 1y ago

I'm a home owner. so... I'm not telling people to sell their home. I'm saying real estate and "cash flows" aren't what people think it is. time will show what I'm trying to say.

if you want to stack paper that will get revalued in bitcoin terms, go for it.

you can't keep your value and lose global reserve currency status. ie. fiat will continue going towards 0 against bitcoin. and when the dollar loses global reserve currency status... it is going to shift your view into the way I am already seeing things.