thoughts on real estate:
1.) As a land lord you aren't producing anything
2.) As a landlord you are dependent on 3+ (probably 5+) other people's work in order to profit from that ponzi.
3.) Real estate people are measuring in dollars.... the dollar is about to lose global reserve currency status and the dollar and everything else are about to be priced in the new global reserve currency (bitcoin)
No shitcoin is global, or decentralized.
They all have ceo's, headquarters.... they are like intranets where bitcoin is like the internet.
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“As a landlord, you aren’t producing anything.”
While landlords may not produce tangible goods, they provide an essential service: housing. They have to maintain and manage the property, take burden of ownership when something breaks and needs replacing, advertise, etc. The service of providing housing adds value to society, even if it’s not a traditional “production” activity.
“As a landlord, you are dependent on 3+ (probably 5+) other people’s work in order to profit from that ponzi.”
This is so ridiculous it doesn’t even warrant a response, but here it goes. Almost every good or service you could provide to a market depends upon the work of others. That’s what specialization, the division of labor, and cooperation on a free market is about.
“Real estate people are measuring in dollars”
No shit, everyone (in the USA) is doing this in every industry, real estate is no different. The dollar is currently the unit of account, Bitcoin hasn’t reached unit of account status yet.
1.) There is nothing wrong with renting property you own because you have already produced enough to own it. Taking advantage of a credit score system to loan money to rent out a property to someone that can't loan money to buy the property is fiat shenanigans, but it's as free a market as we can get on the bullshit fake money standard we are on.
2.) As a shareholder of a company you are dependant on the employees of the company's work in order to profit. Welcome to capitalism, you sound like a communist.
3.) Real estate people are measuring in FIAT! Dollars are a USA thing and real estate is worldwide.


1.) do your thing.
point still stands. bitcoin > land lording
2.) do your thing.
bitcoin > corporations
3.) fiat is global. dollars are US. there is also euros, yen, and hundreds of others.
point still stands. us dollar will lose global reserve currency status. bitcoin will be next global reserve currency. everything will be repriced in bitcoin terms.
measure in bitcoin > measurement in any fiat
Right, you are talking from an investment perspective. Ok, I get that. Ngu, right?
So while you aren't buying property because Bitcoin is a better investment, you need to live somewhere and pay rent.
Is that why you don't like landlords? Where do you want to live?
A key difference between Bitcoin and real estate is fungibility. Bitcoins are all the same and the spot price is the same everywhere. Real estate is non fungible, every property is very different, so if you know what you are doing you can aquire real estate below market value, there is no spot. That, (and positive cash flow and certain tax benefits, ((and depending on your situation the custodial/ insurable nature of real estate can be a benefit to some))) are some advantages to holding real estate to bitcoin.
If you are talking about your own residence the other advantage is you can live in and enjoy the property of course.
Both are considered hard assets, Bitcoin is harder but neither can be printed out of thin air. There is a lot of counterparty risk in real estate I would argue.
One final thought is that real estate carries a high monetary premium in most places. This is because fiat is failing faster and faster and, sadly, real estate is a more mainstream store of value than Bitcoin. I expect this to change over time as more people come to the conclusion that Bitcoin is a superior store of value to real estate and then Bitcoin will slowly consume real estate's monetary premium. Well slowly at first, then suddenly. It is already begun but it's noticable only to the few who are paying attention.
Source: real estate broker is my fiat job.
yea. in fiat land, they stack middle men and call it a "service". you can church it up and call it division of labor... I think Elon showed that it's a fiat ponzi, when he fired over half of X workers...
I measure in bitcoin.
my house has doubled in fiat terms.
my house costs 100x less bitcoin
Are you okay, or having a mental break? What does Elon firing X workers have to do with real estate?
it has to do with your comment "almost every good or service you could provide to a market depends on the work of others"
Anyway...
another way to look at real estate "cash flows" into dollars.... is looking at people trying to "cash flow" their seashell stock piles before gold became the new currency...
People opting into gold instead of "cash flowing" sea shells, ended up way ahead.
bitcoin is the next reserve currency, you can keep cash flowing seashells if you want.
I'm not telling you how to use your time or energy... just sharing my opinion.
Dude I’m a bitcoiner into bitcoin, you’re just a bit off to me
it's an abstract thought. when is the last time there was a new global reserve currency?
Hard to imagine a future that you don't live in.
your whole world revolves around your fiat currency.
that day will end, like it has every single time throughout history.
bitcoin as global reserve currency doesn't force trade deficits, and other fiat related issues.
the dollar has lost over 90% of its value over the last 40 years.
bitcoin is up over 1 million percent.
pricing your life in the next global reserve currency, sounds crazy...
but it's just early
high monetary fiat premium.
the us dollar is on its way to losing global reserve currency status.
the future global reserve currency will outperform anything you measure in the current system...
my home was 400-700 bitcoin 9 years ago...
now it's around 4-5 bitcoin... cash flow on a depreciating asset in bitcoin terms seems like a waste.
People that saw that gold as next global reserve currency, did better than people trying to "cash flow" seashells, animal furs or rai stones, beads, etc.
I'm a home owner. so... I'm not telling people to sell their home. I'm saying real estate and "cash flows" aren't what people think it is. time will show what I'm trying to say.
if you want to stack paper that will get revalued in bitcoin terms, go for it.
you can't keep your value and lose global reserve currency status. ie. fiat will continue going towards 0 against bitcoin. and when the dollar loses global reserve currency status... it is going to shift your view into the way I am already seeing things.