mrjakewoodhouse on Nostr: "You can't live in a Bitcoin" is absolutely bang on, and throws up a number of ...

"You can't live in a Bitcoin" is absolutely bang on, and throws up a number of interesting questions, most of which this thread has touched on

To throw something else in there, I now think of investing across 3 key areas

- financial
- humanistic
- intellectual

The obvious answer from a financial perspective is to HODL Bitcoin and rent.

Indeed selling all my real estate in 2022 to re-allocate into Bitcoin has been the best financial investment I've ever made

But what next?

Renting has it's problems. You're sitting on good purchasing power gains in fiat terms. This is where I feel the humanistic side coming in. There is more to life than money, and I'd like to give my young family a place to love, and call home, a emotional investment if you well. Bitcoin can never do that. A decent family home can

Would I buy an investment property, with leverage, to generate yield? No f*cking way. But a family home? Yes. Every day of the week. And the future purchasing power of that Bitcoin is therefore deployed into something more valuable: family.

Great discussion

Very much lead by the "learn by doing" and "action brings clarity". You have to just try. Then figure it out for yourself