The people who will benefit the most from Bitcoin aren't even born yet. The world will be completely different on a Bitcoin standard. 1) Housing will be cheaper 2) War will be more expensive 3) Food won't be toxic sludge 4) Government-subsidized monopolies will no longer exist 5) The cost of living will be deflationary

My #Bitcoin orange pill moment was understanding that real estate investing is extortion

Governments will do whatever they can to ensure that nominal values of homes don't go down They will provide tax benefits to real estate investors, give new home buyers discounts, and make it easier to get into debt to buy a home All of this is an attempt to make it look like the housing market in their country is appreciating Why? Because they know that everyone's money is broken and savers need a place to keep their wealth When the home prices in a country appreciate, wealth makes its way into the country But when housing prices constantly go up, the majority of citizens are hurt Newer generations can't buy homes Wealth becomes more concentrated with a small group over time More people experience homelessness Some people own 30+ homes, while others can barely even afford the rent on one

Governments will do whatever they can to ensure that nominal values of homes don't go down They will provide tax benefits to real estate investors, give new home buyers discounts, and make it easier to get into debt to buy a home All of this is an attempt to make it look like the housing market in their country is appreciating Why? Because they know that everyone's money is broken and savers need a place to keep their wealth When the home prices in a country appreciate, wealth makes its way into the country But when housing prices constantly go up, the majority of citizens are hurt Newer generations can't buy homes Wealth becomes more concentrated with a small group over time More people experience homelessness Some people own 30+ homes, while others can barely even afford the rent on one