Bitcoin Backpacker on Nostr: By 2030, I think 1 Bitcoin will buy AT LEAST 1 median house in the US (a nice house, ...

By 2030, I think 1 Bitcoin will buy AT LEAST 1 median house in the US (a nice house, not in the slums)

Today, the same house costs ~5 Bitcoin

If you're holding houses as a savings vehicle, you're going to lose AT LEAST 80% OF THE WEALTH YOU HAVE ACCUMULATED

Meaning that if you sell the house today for 5 Bitcoin, you'll be able to buy 5 houses with the proceeds by 2030

If you have 5 houses, you can sell them for ~25 Bitcoin.and buy 2030 you'll be able to buy 25 houses

Some people are probably thinking "I don't care about Bitcoin"

And that's perfectly fine

Your wealth is being transferred to someone else who actually spent the time studying and buying Bitcoin

The scariest thing will be that the value will NEVER be recovered

Home prices will drop FOREVER in terms of Bitcoin

Even 1 Bitcoin for a house will seem EXPENSIVE when we get there

Home prices will fall to 0.1 Bitcoin

Then 0.01 Bitcoin

And so on

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