Why #Bitcoin is superior to #RealEstate as a store of value in two paragraphs. Nice work @MartyBent https://image.nostr.build/d53d21696187a554030d39c59925567f42ea59ff657d99fd49f4769c8f04288a.jpg
Hey Alexa, what is Bitcoin derangement syndrome?
Definitely agree in general. I would add, as an investor in both, having others pay down the mortgage on property/housing that I may someday utilize, or others in my family way wish to use, is valuable in its own right. For this reason, real estate offers an interesting alternative investment category within “hard assets”. Major caveat- much of the benefits of real estate investing accrue from how the tax code is written, while the benefits of #bitcoin are embedded in the protocol/network. And those fuckers are gonna slowly but surely change the tax code.
I would disagree: Real estate has the superpower of being able to move enormous amounts of borrowed capital. However, like all investments, you have to understand how it works.
You can't truly own anything besides #Bitcoin that alone makes it the only useful store of value imo.
And technically you don’t even own that. Just the keys to move units on a ledger 🤷♂️