Feel this way about my 1967 Cougar, but I don't look at it as an investment. Plus it is worth a fraction of the value of a new car (probably only about 15 Million Sats). I love tinkering on the thing though, and love to drive it. Had it before Bitcoin, and now I'm just defering updates too it as I know they'll get cheaper and cheaper the longer I save in Sats. She'll be a lovely car in fifteen years for a lot less of an expense.

No longer will there be “investment grade” anything. Just art. And value for value. And that metal horse is art :)

My mate has got a classic car in his home country where he grew up, now he has emigrated with his family, he's paying so many fees to keep it in secure storage, it's literally losing money. Bitcoin maintenance and storage cost? There you go

You can rent some nice cars too. I haven’t found anyone that will rent me the private key of 5 to 7 bitcoin.

Everyone becoming an investor is nonsense

Its a Ford though.

Millennials will have amazing senior years if they stacked.

Bitcoin's potential 13M vs. a 2005 Ford GT's 6x return? No contest—BTC wins. Still, that Ford GT is a beauty! 🚗💨 #Bitcoin #Investment

Cars are not investments they are liabilities.

A shed to put the cars in, or paying someone to keep the cars safe and sheltered, that is the actual investment.

Especially with modern cars that are not made to be left outside in the weather like older cars were.

I'd rather stack some sats and buy these cars in Gran Turismo instead.

Way too many cycles to reach this level.

Might have to settle on Lego speed champions model 😂

This is the one supercar I’ve always wanted. I remember when they were new and were selling for 125k.

Rent it for a week. Don't own stupid shit

I gave my dad grief about spending a whole bitcoin on toy car. We have entered the price zone where I can say “I told you so” to him

Well its price rises alongside general monetary inflation so if you buy it, its purchasing power stays roughly constant. That may be a much worse deal than investing in other assets like bitcoin or gold but in real terms it's a lot more stable than, say, my salary 😂

What if someone dies next year and their dream was to own such a car

Is every chance vehicles like this will become art in the future. As in it's going to be prohibitively expensive to fuel them up (if at all). So they just will sit there like an art piece...

Let's start by saying that if you have that money in bitcoin you hodl or if it's fiat you buy bitcoin. For me that's clear as day.

However i think the prediction market for investing in rare cars is infinitely more refined than prediction markets on bitcoin. Cars have been around much longer and somewhat of a base can be created on the past 100 years.

For bitcoin i have yet to see the first person in the world make accurate predictions. There have barely 13 years passed since introduction so any kind of assumption about the fiat price in 13 years is a far bigger gamble as i see it.

I'd still pick bitcoin without blinking though.

Happy to say I once had the opportunity to work on and drive one.

Only works if you can buy the car near the top and sell it to stack at the bottom and have the fun of ownership in between but that requires enough skill and patience to be able to time the market.

Shit

How much is insurance on a vehicle like this? And I imagine maintenance is not cheap either.

But as the great philosopher Tristanius Tateus used to say: “You can’t have your one-eyed trouser snake be taken for a walk in the back of a Bitcoin” .. then again .. same is true for the Ford GT, as it doesn’t have back seats.

Sure, I guess.

Now this is an investment grade vehicle.

15k

And I do useful things with it, like dump firewood year after year.

yep. but whats the point of having life changing money if it doesn't change your life.

money/wealth is a means to an end, not the end itself.

nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgpzfmhxue69uhk7enxvd5xz6tw9ec82cspz4mhxue69uhk2er9dchxummnw3ezumrpdejqk2n55u , you seem like a smart dude. I agree with just about everything you say. And I would agree 99% of the crypto market cap is shitcoins. But I would encourage you to look at Kaspa. Fair-launched, POW, L1 with smart contracts in August. It won’t replace Bitcoin as a store of value, nothing will, but it will scale on the base layer. Stable coins, messaging, RWAs, etc. Anyway, my challenge to you is to critically assess. Most Bitcoin maxis don’t. I tried Odell yesterday and he said it was a scam without explaining to me why.

Exactly 👏 Anything you put next to Bitcoin ends up being just a pretty toy with fake prestige. The car looks great, but real money is where the scarcity and proof-of-work are. 🚀🧡

A car is a machine for going from a to b and nothing more. Granted, I like my comforts like cruise control, AC, Bluetooth. But I can have that with a Toyota and bank the rest in Bitcoin.

I've got 0.01 Bitcoin I set aside 4 years ago to buy my next clunker whenever my current one dies. I'm hoping I don't need that much by the time that comes around lol

"Investment grade vehicle" very often means little more than it doesn't depreciate, or does so slowly enough so you don't care. Very few if almost none increase in value, and certainly not if they are used for what they were designed for, driving. I say buy it, enjoy it, live life and stop worrying that bitcoin will outpace it by orders of magnitude.

I kinda want it

Life is uncertain... each day that passes is one step closer to death... sometimes you have to weigh the opportunity costs and pull the trigger... but I hear you.

Only buy it from someone willing to sell for BTC and then you'll be passing the future gains to someone else and using your BTC while you're alive.

Stunning vehicle. I still remember being in love with the GT90 concept when I was a kid

Currently driving a $14K USD car. 7 year warranty, inconspicuous, can listen to music and podcasts, heated seats, comfortable to drive - absolutely perfect for my needs. All the money I had budgeted for a more expensive car has gone into the sat stack.

Will buy my dream car when the warranty runs out in 7 years.

Waiting ~15 years to make a ‘big purchase’ with your stack is the way to go.

Spending 2-3% of your stack a year on making your life better is an acceptable amount for my family - especially if the DCA stays in play for perpetuity.

Life is short, stack sats, spend sats, and as nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgpr9mhxue69uhhqatjv9mxjerp9ehx7um5wghxcctwvsqs6amnwvaz7tmwdaejumr0dsjnv598 has said, delay gratification for big spends as much as possible. We ain’t seen nothing yet 🚀

Cara, isso é insano, pensamento do brother foi fantástico! 🚀

nostr:nevent1qqswhyc69e3w36pxka90yrm4tfltx5rsmn08d86p7tyk8590kdsagpsprdmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv8g6nwq3qrtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudksxpqqqqqqz9egvtg