Basically I think people will sell BTC for assets in the real-world, and these sellers of BTC (buyers of the physical-world assets) will get incredible ”fire-sale“ value as the penny drops for those physical asset-owners; nothing stores value like BTC.
Discussion
This to me just reinforces the borrowing of fiat to finance real estate. But… don’t let me stop ya. Like I said, plenty of idiots out there 😂
I’m thinking through this trying to understand/ imagine the next 10 years… I’m not sure I’d call somebody an idiot who gets a house debt-free for his family to live in with some BTC. That way his family has a home for generations (something very valuable in that), no longer rents shelter, and can save in BTC. Or am I missing something obvious…
don't let the name calling sway U fren! it seems that agendas r prevalent everywhere
nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac is a good one and not mean-spirited 😄 just a friendly debate, interesting to think through ! Thanks guys. The question also remains! Is there a platform?😂
I can’t think of any more proof than 6% 40% trade-off for calling someone an idiot 🤷♂️
Not every Bitcoin HODLer that can buy a home with BTC either wants or is able to get a fiat loan.
Fiat debt on paper, right now, like Saylor has with $MSTR seems like a good idea, but so was leveraged real estate debt until 2008.
Not all of us want to repeat the mistakes made throughout history.
Land (not property) is the ultimate generational wealth.
Bitcoin technology will change / evolve / disappear over generations. Land will not.
Land is subject to law and laws change on the whim of politicians.
True, but only in countries.
And only until we separate money from the state with Bitcoin.
And identity from state with NOSTR.
In the mean time:
Buy an Island today.
For future generations, buy a planet.
The last time I checked, the world was completely divided "only into countries".
Also, not land or gold or bitcoin are the assets. The *ability to own them* is what makes them valuable.
Bitcoin comes with real ownership pre-installed but land... Owning land depends on so many things we common peasants can't control.
If you're Bill Gates, feel free to invest in land without hesitation, but otherwise I'd recommend thinking long and hard about it.
https://en.wikipedia.org/wiki/Necker_Island_(British_Virgin_Islands)
https://www.privateislandsonline.com/
We are Bitcoiners, the common peasants are nocoiners, they just don't know it yet and we haven't finished our journey yet.
I don't disagree with any statements about Bitcoin, but I'm just thinking beyond it, as I did in the 1980's when faxes were a thing.
Also, we are the next evolution of Bill Gates.
Don't underestimate how much and how quickly the world is changing.
I like and share that sentiment. I also think that the world is changing fast and that bitcoin will play a central role in that. But I also think some things will stay the same. Violence and power dynamics will remain a thing. Do not underestimate that constant.
Hey James. Oh you’re thinking? Is that why it’s smelling burnt?!
😭🤣😁😭😭
King & Country
Who’s the instigator of those lands of dreams?
Not the royals?!
I wanna know what you need is.
Also , People do not think in spread sheets. The human comfort of owning your own home and not being indebted to anyone is very difficult to put a price on..