Anyone born after 1971 has never experienced a life where housing is seen purely as shelter.
In 1971, Richard Nixon severed the link between the US dollar and gold.
Since then, the US dollar has been broken as a store of value.
#Realestate has replaced the dollar as a long-term store of value in many developed countries.
Prices of houses have skyrocketed as more investors see them as a financial product.
#Bitcoin fixes this by absorbing demand from real estate as a long-term savings vehicle.
When real estate investors understand that #BTC is a digital asset that's a much better store of value than physical real estate, we will see a fire sale in the real estate market.
Bitcoin is better than real estate for your long-term savings:
- No large upfront financial cost
- No maintenance & repairs
- No risk of natural disaster
- No need for an inspector
- No dealing with tenants
- No need to collect rent
- No need for insurance
- No realtors or lawyers
- No liquidity issues
- No property taxes
- No interest (halal)
- No location risk
- No censorship
With Bitcoin:
- You can sell small chunks of your holdings instead of having to sell all or none
- You can buy or sell any time (the market is always open)
- You can buy or sell in seconds rather than months or years
- Your market to buy and sell is global
rajatsonifinance / RajatSoniFinance
npub1ew…4k3yt
2024-01-31 15:31:08
Author Public Key
npub1ewjtrpve0y42ak0tj4r0esp62p6uvpx57sukfaphtqlzedrfl04sl4k3ytPublished at
2024-01-31 15:31:08Event JSON
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"content": "Anyone born after 1971 has never experienced a life where housing is seen purely as shelter.\n\nIn 1971, Richard Nixon severed the link between the US dollar and gold.\n\nSince then, the US dollar has been broken as a store of value.\n\n#Realestate has replaced the dollar as a long-term store of value in many developed countries.\n\nPrices of houses have skyrocketed as more investors see them as a financial product.\n\n#Bitcoin fixes this by absorbing demand from real estate as a long-term savings vehicle.\n\nWhen real estate investors understand that #BTC is a digital asset that's a much better store of value than physical real estate, we will see a fire sale in the real estate market.\n\nBitcoin is better than real estate for your long-term savings:\n\n- No large upfront financial cost\n- No maintenance \u0026 repairs\n- No risk of natural disaster\n- No need for an inspector\n- No dealing with tenants\n- No need to collect rent\n- No need for insurance\n- No realtors or lawyers\n- No liquidity issues\n- No property taxes\n- No interest (halal)\n- No location risk\n- No censorship\n\nWith Bitcoin:\n- You can sell small chunks of your holdings instead of having to sell all or none\n- You can buy or sell any time (the market is always open)\n- You can buy or sell in seconds rather than months or years\n- Your market to buy and sell is global",
"sig": "87fc9ca94cea79a724b971c9f40a30cfa38fab7de774150d931330474b69320b63007632c30c42b29c2a7120f9f9efe1b960e9de4e65d0a683212b5ca8a8531b"
}