Yes you are correct partially however, you can’t live in a Bitcoin. Thus on a Bitcoin standard you either use Bitcoin to buy a house or you continually pay out Bitcoin to pay your rent. Either way you will have to exchange Bitcoin for a roof over your head.
I honestly believe a mortgage will no longer be a viable option thus do you buy or rent becomes the only question. I see a stability value in buying as I believe many people will.
Agreed that houses will no longer serve as an investment except for scarce land value. Is residential land scarce with a declining population? Arguably not however something like ocean/river/lake frontage is still likely to be sought after.
Once Bitcoin has monetised and realestate demonetised I believe people will exchange Bitcoin for the utility value of family home vs renting.
Just like people buy a car (depreciating asset) vs using an Uber.
Turtlesallthewaydown⚡️
npub14m…s8que
2024-11-27 03:59:44
in reply to nevent1q…v36x
Author Public Key
npub14m5y7wxssy2nma5vx0hyydggxuxfkhgdr92c3uetkq6jc75c52wqws8quePublished at
2024-11-27 03:59:44Event JSON
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