DataNostrum on Nostr: Ok, you're talking about a scenario where Bitcoin is 100x bigger than it is today. I ...
Ok, you're talking about a scenario where Bitcoin is 100x bigger than it is today. I still don't know why anybody in their right mind would borrow bitcoin to repay in 10+ years, especially with the liquidation risk. It just seems like this type of lending will become rare.
Also, if Bitcoin becomes the primary store of value, it will demonetize real estate, so it's unlikely that any standard real estate would outperform the deflationary store of value (maybe some rare/premium real estate could).
Published at
2024-06-18 10:00:09Event JSON
{
"id": "a1b5b34b32084e67bc1b4f5af153438407d0176243d5b8aa2f7c005187f328b2",
"pubkey": "4aa4d22440770429fa745b674fab7e46ed267f36a1abae6ff4e8d26eb65b7f52",
"created_at": 1718704809,
"kind": 1,
"tags": [
[
"e",
"825ede31bf5de9a7c3f7b6cc816917e81ad0d69f0889425d4e583aae17357bea",
"wss://nostr.mom",
"root"
],
[
"e",
"64fd1b8e142e0131419c55015fc694a8b1044f60dda27459288b570e8cc20617",
"wss://nostr.mom",
"reply"
],
[
"p",
"eeadea6cbb5018a190f0117857de513cc271d24c947d56cd82c54a6b64ae47a4"
],
[
"p",
"dd664d5e4016433a8cd69f005ae1480804351789b59de5af06276de65633d319"
],
[
"p",
"4aa4d22440770429fa745b674fab7e46ed267f36a1abae6ff4e8d26eb65b7f52"
],
[
"p",
"bb3555be5f416a17ac20d0b07d8f14b1137139d33a4c1d6eb4939b3287698522"
]
],
"content": "Ok, you're talking about a scenario where Bitcoin is 100x bigger than it is today. I still don't know why anybody in their right mind would borrow bitcoin to repay in 10+ years, especially with the liquidation risk. It just seems like this type of lending will become rare. \nAlso, if Bitcoin becomes the primary store of value, it will demonetize real estate, so it's unlikely that any standard real estate would outperform the deflationary store of value (maybe some rare/premium real estate could).",
"sig": "b59994ccfc9ab2b068a9090bc845f300a3c8fca87d93041a83c45bd1837d74b4be3c4d97085cd074d2631833a99f033eb4099193d1cc7218ab7d078782c6fae7"
}