MDB on Nostr: As we've just seen, fire destroyed the entire store of value for a community in ...
As we've just seen,
fire destroyed the entire store of value for a community in California.
It's heartbreaking to witness. I hope everyone is safe and recovery efforts are progressing.
From a Bitcoin perspective, this highlights an issue we could fix, at least on the store of value (SoV) side of things.
Homes should serve as homes, not speculative assets inflated by fiat debasement.
The current system forces people to treat real estate as a hedge against inflation, turning necessities into vehicles for financial risk.
If Bitcoin were the primary SoV, rebuilding and redistributing after disasters like this would require only a fraction of the fiat resources currently needed.
Bitcoin restores value stability, allowing homes to be what they’re meant to be
*places to live, not speculative instruments.*
fire destroyed the entire store of value for a community in California.
It's heartbreaking to witness. I hope everyone is safe and recovery efforts are progressing.
From a Bitcoin perspective, this highlights an issue we could fix, at least on the store of value (SoV) side of things.
Homes should serve as homes, not speculative assets inflated by fiat debasement.
The current system forces people to treat real estate as a hedge against inflation, turning necessities into vehicles for financial risk.
If Bitcoin were the primary SoV, rebuilding and redistributing after disasters like this would require only a fraction of the fiat resources currently needed.
Bitcoin restores value stability, allowing homes to be what they’re meant to be
*places to live, not speculative instruments.*