Laeserin on Nostr: Please check my math. ...

Please check my math.

quoting
nevent1q…5y80

Let's say Person A and Person B have €10k in cash and are the heads of 4-person households.
Person A buys a €300k house with a mortgage.
Person B buys ⅕ of a Bitcoin.

Now, suppose Bitcoin jumps 5 times from there, within 10 years, and houses stay the same.
Then Person B is holding the Bitcoin equivalent of €50k. He still doesn't have enough money to buy a house and he's been paying steadily-increasing rent for 10 years.

The other guy has been paying down his mortgage for a decade and even gets to write it off of his income tax. His housing costs never increase, he will eventually have it all paid off, and then he never needs to pay a mortgage or rent again.

It is. What it is.