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
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
Today 1 house costs more than 6 bitcoin Within 30 years, 1 bitcoin will buy 6 houses
Personal finance and #bitcoinβ€―β€―β€― go hand in hand: Live below your means and save the difference When you save in Bitcoin, your purchasing power is almost guaranteed to go up every 4 years
Baby boomers spent their entire lives buying homes and paying them off, dealing with tenants, etc In a few years, Gen X, Millennials, and Gen Z will be able to buy those homes for the equivalent of 0.5 #Bitcoinβ€―β€―β€― or less Today 0.5 Bitcoin costs ~35,000 USD, and a house costs ~$400k-$500k Why am I so sure of this? Bitcoin is superior to real estate as a savings technology and most baby boomers have ZERO ALLOCATION Most of the supply of Bitcoin is held by people who have some understanding of the technology Most baby boomers don't even know how to properly use a computer (if you do, YOU'RE UNIQUE) They will be the latest adopters of digital money If your goal is to buy a home, STUDY BITCOIN FIRST, and THEN decide.image
So far, Blackrock clients accumulated ~260,000 #Bitcoin in 60 trading days - 4.3k/day Eventually, they will be consistently buying under 100 Bitcoin per day... Not because buyers are not interested in the asset, but because they won't be able to afford what sellers want in exchange. IMO $10M+ per Bitcoin will be the floor price within 20 years
Shorting #bitcoinβ€―β€―β€― might be one of the stupidest decisions any investor can make It doesn't matter where you think the market is going long-term It doesn't matter if you think that bitcoin is going to 0 One big buy or day trade can completely wipe you out There are hedge funds that are shorting Microstraegy I wouldn't be surprised if these funds are wiped out within the next 12-18 months Bitcoin's upside is unlimited Microstrategy is a LEVERAGED bet on Bitcoin (MSTR borrowed US dollars to buy Bitcoin) TG: @Rajatsonitrade
Uninformed people think I'm a gambler, or just outright crazy, because I started talking more about #Bitcoinβ€―β€―β€―β€―β€―β€― If you have an open mind, and you're willing to invest some effort into learning about Bitcoin, you should go back and read everything I've posted about Bitcoin, and you'll see that 90%+ of the things I've said have been right (so far) My goal with this page is to get YOU to dive a bit deeper into this idea so I'm not the only one who benefits from my thousands of hours of research. Over the next few years, hundreds of millions of people will study Bitcoin and come to the same conclusion as me: This is the best asset we have. It will outperform stocks and real estate until stocks and real estate are repriced in Bitcoin. It will absorb the monetary value of all government-issued currencies. Investors in companies can lose their investment due to mistakes from executives, stock dilution, fraud, and credit risk. You never know what's happening in boardrooms. Investors in real estate may take a loss because of missed rental payments repairs + maintenance. They rely on someone else to take care of their property. NONE OF THIS APPLIES TO BITCOIN. Spending the time to understand this asset will not give you immediate rewards. In fact, it may be painful at first because it will force you to let go of beliefs you developed over decades. Bitcoin is NOT a "get-rich-easy" scheme Studying Bitcoin deeply enough to understand why it works the way it does takes A LOT of time. Once you put in the time, I think you will also agree with me: Bitcoin fixes a lot of societal issues because the money we use today is broken!
There will be a $300,000,000 #Bitcoin short liquidations once $BTC hits $71,000 πŸš€ TG: @Rajatsonitradeimage