ChrisN on Nostr: HBD!!! Real estate is IMO a great analogy to understand bitcoin and “crypto” and ...
HBD!!! Real estate is IMO a great analogy to understand bitcoin and “crypto” and the differences. Not all real estate is created equal it’s all about positioning (location, location, Location). Manhattan or beach front San Diego vs. Death Valley desert, Antartica or mars. Sure they’re “scarce” but there’s no economic activity happening and it’s economically infeasible to develop them, Etc.
Good on you for taking the high road and maintaining a Low Time Preference. Stay humble.
Published at
2024-12-15 05:59:26Event JSON
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