Real estate is a depreciating asset, with prices rising due to artificially created demand from a combination of bureaucracy and gatekeeping, and it being perceived as a store of value and a hedge against inflation.
The excess value over utility is the monetary premium attributed to it. However, real estate is complex and costly to maintain.
As more people understand #Bitcoin, some, if not most, of this monetary premium will likely shift into Bitcoin.
The Coin Files
npub1w6…w4fzu
2023-11-29 23:44:40
Author Public Key
npub1w6cjjl03lzgn3gj42uyh9myaqsukqcp7h2z6p35sml5sx8temy6qxw4fzuPublished at
2023-11-29 23:44:40Event JSON
{
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"pubkey": "76b1297df1f89138a255570972ec9d043960603eba85a0c690dfe9031d79d934",
"created_at": 1701301480,
"kind": 1,
"tags": [
[
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"Bitcoin"
],
[
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],
"content": "Real estate is a depreciating asset, with prices rising due to artificially created demand from a combination of bureaucracy and gatekeeping, and it being perceived as a store of value and a hedge against inflation.\n\nThe excess value over utility is the monetary premium attributed to it. However, real estate is complex and costly to maintain.\n\nAs more people understand #Bitcoin, some, if not most, of this monetary premium will likely shift into Bitcoin.",
"sig": "839b90a5e72c08ec28c00122a9574dba25c1456dc12571366d0ac67bd5e20199f432162418dcc21c901ce7e43d21630bb4abdc4ddc7e6881ff5accec0e4fc902"
}