THIS IS WHY WE HAVE A HOUSING CRISIS IN IRELAND TODAY.

DUE TO THE NEVER ENDING MONEY PRINTING BY THE ECB, THERE IS INFLATION. THE RATE OF INFLATION VARIES BUT THERE IS ALWAYS INFLATION. 

SO PEOPLE WITH MONEY DO NOT LIKE TO LEAVE IT IN THE BANK. WHEN THEY LEAVE MONEY ON DEPOSIT IN A BANK, IT LOSES VALUE DUE TO INFLATION.

SO THEY INVEST THEIR SAVINGS INTO PROPERTY. THIS CAUSES HOUSE PRICES TO GO UP AND FOR POORER PEOPLE TO BE PRICED OUT OF THE MARKET. 

ON A #BITCOIN STANDARD, THIS WOULD NOT HAPPEN. PEOPLE WOULD BE INCENTIVISE TO HOLD BITCOIN AND THERE WOULD BE NO NEED TO INVEST IN PROPERTY, BECAUSE THE SUPPLY OF BITCOIN IS LIMITED TO 21M.

THE ONLY WAY TO END IRELAND'S HOUSING CRISIS IS TO GO ON A BITCOIN STANDARD, TO ADOPT BITCOIN AS OUR MONEY.  

 #IRELAND