Them:” real estate keeps getting more and more expensive, I continually get priced out”
US: “change your money, for us it gets cheaper and cheaper every day”
#bitcoin
H/t @Brisket
Here’s a fun game.
Sold my old 2008 bitcoin-mobile yesterday for $3k cash.
Turning it into bitcoin. Going to spend that on a replacement in around 18mths time when we get back from our trip.
What will I be able to buy?
1. A push bike (-85%)
2. Electric scooter (-66%)
3. How did you get that thing registered” safety risk (-50%)
4 Moped (-15%)
5. Same condition, same age drive able. (Breakeven)
6. Slight upgrade - newer, in better condition (+50%)
7. Decent vehicle with another 10years in her(+100%)
8. Significant upgrade - second hand (+200%)
9. Nice upgrade - second hand 4WD (+300%)
9. New but small entry level car (+500%)
10. New and decent 4WD (+1500%)
11. Land Cruiser (5000%)
12. Lambo (10000%+)
I’ll revisit this note in 18mths and let you know what I buy.