jackspirko on Nostr: I am as bullish on bitcoin as anyone but this idea that no one will buy houses to ...
I am as bullish on bitcoin as anyone but this idea that no one will buy houses to rent out once they understand bitcoin is nonsense.
Different tools to be leveraged different ways. When I buy bitcoin I am in effect selling my fiat for bitcoin it is how I protect my surplus capital.
Real estate you don't buy with you own money you do so with OPM (other people's money) at least in the case of rental properties.
No making money of real property is not going away. Ever.
Also real estate is about to crash, but that doesn't change what I just said.
Published at
2023-08-06 14:59:19Event JSON
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"content": "I am as bullish on bitcoin as anyone but this idea that no one will buy houses to rent out once they understand bitcoin is nonsense. \n\nDifferent tools to be leveraged different ways. When I buy bitcoin I am in effect selling my fiat for bitcoin it is how I protect my surplus capital. \n\nReal estate you don't buy with you own money you do so with OPM (other people's money) at least in the case of rental properties. \n\nNo making money of real property is not going away. Ever. \n\nAlso real estate is about to crash, but that doesn't change what I just said. ",
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