Replies (55)
Same Down Under... Can't start a family without a place but the market is insane!!!
Joshua⚡Tree✨
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Fix the Money Fix The World✨
Fix the Energy Fix For Freedom✨
I find this so hilarious, a few days ago investanswer on youtube posted the following video:
https://www.youtube.com/live/OFAJIAffjyI?feature=shared
assuming btc wont attack probably the biggest addressable market in the world.
Its such a no brainer that BTC will attack real estate
i think it is not just a american problem it is the same in every western country
Amen. Have you read The Great Taking?
Jack, I respect and enjoy your work to the highest. Thank you for your efforts. You are a young lion.
🧡
@Toxic Bitcoiner the beacon is lit, time to talk about MBS!
Just stack sats and stay humble. Everything will happen in its own time. We are right. ₿
The fraudulent, government captured MBS industry is a major component of this issue, along with the broken money of course.
Truth 🧡🫂
Real estate is illiquid, not fungible, subject to obsolescence, and easily captured and weaponized. In fact, it’s a terrible savings account. This tells you how broken money is if we’ve reached this point.
Keep being awesome, Jack 🫡
8M people in NY still don’t have access to strike. Why?
The Federal Reserve isn't a government institution.
Come on. It's an open secret at this point.
New videos have been perfect for sharing to friends and family. Thank you Jack 🙏
Actually it's that we just don't let people build houses or claim unused land easily/cheaply, probably because crude oil supply and demand forced us to design population control into our society
Ⓑ reaking
Ⓘ nstitutions,
Ⓣ rustless,
Ⓒ ode
Ⓞ ver
Ⓘ ntermediaries,
Ⓝ ever compromised.
Absolutely right and logical! When people are forced to invest in real estate instead of real savings, prices skyrocket. Bitcoin can help shift homes back from being investment assets to actual living spaces.
When people are forced to invest in real estate instead of real savings, prices skyrocket. Bitcoin can help shift homes back from being investment assets to actual living spaces.
View quoted note →It's much simpler. If housing becomes a store of value for the rich, then they also have no interest of the supply growing and hence block it by all means possible.
Historically that was a regional thing, seems like the crude oil population boom is why it became inescapable
Come check out the podcast! 🎙️
single family homes were bought up by investors and those investors are unfairly profiting. the housing market is broken. most homes are purchased by those over 50.
While I agree with the sentiment that demonetizing residential real estate is important for long-term affordability, folks need to understand that the way your community funds it's fire, police, parks and schools is through a local property tax levied on the fiat value of a home.
Cratering fiat housing prices mean cratering local public services. We only want the demonetization to occur when measured in BTC because we haven't solved how to fund public community services in another way yet.
If #bitcoining is how we get housing affordable again, let’s get as much people as possible to Study #Bitcoin and #grownostr⚡️💜🍊
Check out the epic video by
@jack mallers below!
View quoted note →I find this a very interesting point. Yes, today local services depend on fiat property taxes, so we only want housing to demonetize in BTC terms. Under a Bitcoin standard, funding would come through direct BTC taxes, usage fees, local responsibility, and leaner, transparent budgets - rather than hiding behind inflation. I suppose that’s the challenge.
Locally non-Bitcoin ers want tourist tax on homes not used year -Round and I agree with them.
1. They aren’t putting their money back into the economy year-round like locals are and two. #GFY if you don’t understand
All homes are overvalued. Bitcoin is exposing this.
My hope is Bitcoin demonetizes everything.
View quoted note →Me think it’s below
B insert whatever the bitcoin emoji is I don’t remember
I am who who is what what …
@Who, What, When, Where, How, and Why?
Titcoin for the Funzies
Cock of the walk
Oneness
Indiana
Nachos TAXOS
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Australia is in a league of its own when it comes to most, having their heads up their butts.
It’s so sad.
Using homes as savings and societies allowing it is a quite self-destructive policy. Top-notch regarded.
is there something less pink to use than uniswap?
I work extremely hard. More than most. I earn in fiat, a decent amount.
I converted all my extra fiat to bitcoin as it came in this last month.
One day it will likely be enough to buy a house for my son.
I know this is true.
There is no way even 1% of humans actually believe this.
Still, very early.
It would be possible to adjust the property tax rate to account for the drop in price.
Mailbag Monday was lit AF (kid’s show). Thanks for showing up, and not shutting up. You explain this stuff so vividly well.
View quoted note →Yeah, it really makes a difference when a place feels like actual living space, not just four walls.
Yeah, that’s beautiful — a real family vibe filled with love. ♥️
That's fuckin' exciting!
💯 wouldn’t it be better to produce this as a vertical video for TikTok, Reels, etc?
Yes
@jack mallers ! Excellent video. So concise.
Real estate bubble!
70% of Americans can’t afford a median home. Why?
Broken money forced people to use real estate as savings, making homes unaffordable. Houses aren’t savings accounts, they’re meant to be lived in.
#Bitcoin demonetizes housing, drives prices down and puts families back in homes.
How can I share this video to my non nostr friends?
The challenge here is that you reinforce the spiral. There are indeed communities with levy rates of 18-25%+ but it is generally a sign the community is financially insolvent. The individual and community incentives are in conflict.
That is in the current paradigm. If house prices fall because they no longer need to be stored of value higher % rates would not necessarily signal the same thing that they do now.
Say the current rate is 4% which = $1000. If house prices fall so that $1000 is now 25% the actual dollar value being paid is the same but the house prices are more affordable.
Or am I missing something?
Yeah so many people don't understand that cars & houses are consumables, not investments
And gives you mobility- so valuable going forward
I just had this conversation on X
It's all one big scam! Chasing the American Dream for most people, is actually a nightmare, all the components of it just put you in debt, hence this cycle of resentment most people live in
Going to College, puts you in debt
Buying a House, puts you in debt
Having Kids, puts you in debt
Debt ridden citizens are obedient citizens. It's all a scam to keep you down!
How you face this transition is key:
1) If you want to own a home, save in bitcoin. Then be patient.
2) If you want a graceful exit from your single-family real estate portfolio, lever into bitcoin. Then let bitcoin be your profit when you end up exiting to a family instead of a hedge fund or REIT.
These two actions will allow each side to meet gracefully in the middle where real estate will stabilize at its functional value.
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