Price of a house up 100% in 4 years in fiat "monopoly" fake money (i.e inflation). Same house in 4 years is 70% cheaper in #bitcoin money.
If one thought that buying the house was the best option to preserve purchasing power, that would have been wrong. Holding #bitcoin would have been the best option.
https://www.youtube.com/watch?v=2e96sMQrUAA
Andre Leblanc
npub1j6…wrawp
2024-01-17 14:41:33
Author Public Key
npub1j6unpgavq0alkq5fpncx8z0hx2dkyfh6f40dmgezfcvkw9nw7rpqawrawpPublished at
2024-01-17 14:41:33Event JSON
{
"id": "5547eedcc5f0e735a86d952353e34805dcb99944b2afcd2daca2b2faee579b4b",
"pubkey": "96b930a3ac03fbfb02890cf06389f7329b6226fa4d5edda3224e1967166ef0c2",
"created_at": 1705502493,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "Price of a house up 100% in 4 years in fiat \"monopoly\" fake money (i.e inflation). Same house in 4 years is 70% cheaper in #bitcoin money.\nIf one thought that buying the house was the best option to preserve purchasing power, that would have been wrong. Holding #bitcoin would have been the best option.\n\nhttps://www.youtube.com/watch?v=2e96sMQrUAA\n",
"sig": "e48da9cf1878fdbb20415b04c3eee28546fac3fbc54e396436c85cde735e6c433d70a4b4647821a88b55eb2e5d90d07510d7c697ecb7d6a14969376aa5ade259"
}