Over the last 5 years, the average US house price has dropped by ~90% in Bitcoin terms.
If you want to eventually own a home, your best chance to achieve that, in my humble opinion, is to save for it in Bitcoin, for the next 5 years.
If you're ready to save $1,000-$2,000 per month in fiat for a deposit, just save that in Bitcoin and you'll be much, MUCH better off, when you go to purchase your home.
There are people out there who truly believe that fiat currencies could be backed by Bitcoin, to make them more "trustworthy" or "harder" or "scarcer".
Backing any currency with BTC does absolutely nothing. It's just theatre.
If you don't believe me, go study the gold standard since the Bretton Woods system until 1971, and see how that worked out.
The idea that backing a currency with a scarce asset will make the currency itself less inflationary or even non-inflationary is absolutely silly.
Personally, I don't think fiat currencies are gonna die anytime soon.
And, for Bitcoin to continue to rise in purchasing power, they don't have to die at all.
That's because Bitcoin will continue to be worth more and more fiat currency units, the more they print.
Shitcoins are vehicles to transfer Bitcoin from fiat-gains-chasing cucks to people who care about growing their purchasing power over the long term.
Do with that what you will.
Me, every time I get the notification about my hourly Bitcoin DCA purchase
Who knows. All I know is he failed to do it on day one, as he himself promised. Glad he did it in the end.
It aged just fine, because Trump still failed to do it on day one, as he himself promised. Try again
Until it happens, Trump can't be taken seriously. He already failed to deliver on his promise
Again, meaningless and cheap words.
You guys get tired of being apologists?
Me: Trump failed on his promise to release Ross on day one
Trump apologists: Noooo! He was very busy! Let the man work!
Me: The dude literally had time to buy ~$111M worth of shitcoins and rename the Gulf of Mexico
Trump apologists: You're a hater and a Karen!!! Reeeeee
Me: ....
I was actually happy Trump won. I'm not happy he didn't kept his very specific promise. You do realise you can be both supportive and critical of someone, right?
I'll believe when I see the post from Ross's account. Until then, it's just words and promises, just like the "Bitcoin" Trump's company bought.
What did I say?
No, I'm not, because that was the only promise that he made that I cared about.
If he wasn't as specific as he was, just to try and win votes, besides the fact that he had time to free other people and buy shitcoins, there wouldn't be a problem.
He broke his promise.
He specifically said day one.
It was his decision to make that promise, not ours.
He had time to buy shitcoins and sign EOs releasing other people.
What gives you confidence that anything else he claims about freeing Ross is true?
It's quite the show to witness so many so-called "Bitcoiners" become Trump apologists, claiming he didn't have time to free Ross on day one, as he promised.
The most hilarious part of the mental gymnastics these people are engaging in is trying to redefine what day one means 🤡