mrjakewoodhouse on Nostr: It's very clear that Real Estate is crashing vs Bitcoin BUT There is still a need for ...
It's very clear that Real Estate is crashing vs Bitcoin
BUT
There is still a need for shelter
So how do you optimise?
All I can see are trade-offs, which is always the case, and I can't seem to justify selling Bitcoin
But I am about to make the 9th move since selling our primary place of residence in 2022
It's exhausting
You can't live in a Bitcoin never been more true to me!
Do you sell Bitcoin?
Do you try to get as much fiat debt as possible?
Do you take debt against your Bitcoin?
The conversation will continue...
I've loved the idea of a Bitcoin-backed-mortgage, without liquidation risk, that I have seen CJ Konstantinos talking about, but the product isn't live yet, and who knows when it will be (especially for the Australian market)
The removal of SAB 121 in the US should mean that there is a big shift from Banks to custody of Bitcoin, and then debt products, but that will certainly come with counter-party risk
We're so early!
If I wait 5 years for this all to develop, before I know it, my kids will be grown up and out of home, and I will have missed some key years just being with them
Something's gotta give
BUT
There is still a need for shelter
So how do you optimise?
All I can see are trade-offs, which is always the case, and I can't seem to justify selling Bitcoin
But I am about to make the 9th move since selling our primary place of residence in 2022
It's exhausting
You can't live in a Bitcoin never been more true to me!
Do you sell Bitcoin?
Do you try to get as much fiat debt as possible?
Do you take debt against your Bitcoin?
The conversation will continue...
I've loved the idea of a Bitcoin-backed-mortgage, without liquidation risk, that I have seen CJ Konstantinos talking about, but the product isn't live yet, and who knows when it will be (especially for the Australian market)
The removal of SAB 121 in the US should mean that there is a big shift from Banks to custody of Bitcoin, and then debt products, but that will certainly come with counter-party risk
We're so early!
If I wait 5 years for this all to develop, before I know it, my kids will be grown up and out of home, and I will have missed some key years just being with them
Something's gotta give