Because I doubt Trump is going to actually reverse inflation, I suspect the following reality in 2030:
- median house price = $1m
- 1 #Bitcoin = $1m
That's essential another 50% haircut of the dollar, which would make #Bitcoin only $500,000 in today's dollars, which is actually only ~$150,000 in precovid dollars.
I think Bitcoin has already shifted from being a wealth building vehicle to being a wealth preserving vehicle, at least on this side of the greater S curve.
In 2030, with how bad shrinkflation is hallowing out the quality of new home builds, I could hardly imagine parting with $1m of Bitcoin for some cardboard house built with popsicle sticks and chemicals.
Needless to say, the move for Bitcoiners is to streamline their lifestyles, seek whatever long lasting, quality goods remain (niche brands and older goods), and to get situated to endure another chaotic but transformative decade, for better and worse.
Laser
npub1x4…7armt
2025-04-02 18:48:12
in reply to nevent1q…m2dq
Author Public Key
npub1x458tl7h9xcxa66vr4a8pg0h2qz96pnhwnfpcra0le9090uk5t5qw7armtPublished at
2025-04-02 18:48:12Event JSON
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"content": "Because I doubt Trump is going to actually reverse inflation, I suspect the following reality in 2030:\n\n- median house price = $1m\n- 1 #Bitcoin = $1m\n\nThat's essential another 50% haircut of the dollar, which would make #Bitcoin only $500,000 in today's dollars, which is actually only ~$150,000 in precovid dollars.\n\nI think Bitcoin has already shifted from being a wealth building vehicle to being a wealth preserving vehicle, at least on this side of the greater S curve.\n\nIn 2030, with how bad shrinkflation is hallowing out the quality of new home builds, I could hardly imagine parting with $1m of Bitcoin for some cardboard house built with popsicle sticks and chemicals.\n\nNeedless to say, the move for Bitcoiners is to streamline their lifestyles, seek whatever long lasting, quality goods remain (niche brands and older goods), and to get situated to endure another chaotic but transformative decade, for better and worse.",
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