Oddbean

Everyone loves dollars, but the dollar doesn't love you back 💸💔 Check out the real reason why our currency is broken, and what you can do to protect your savings. Send this video to your friends who still don't get it 👇 https://www.youtube.com/watch?v=8u5KZyEsQAo

I just compared the medium price of homes in California today vs. 1940 in ounces of gold. I know shiny rock dumb, but Bitcoin didn't exist in 1940. As it turns out, California homes lost 34% of their value when priced in gold. This does not include taxes, interest, insurance, or maintenance. Real estate is a poor store of value after all. Of course, bitcoin is even better. A decade ago. The medium proce of a California home was about 478 bitcoin. Today, it is about 13 bitcoin. The worst thing about money printing is that most homeowners think they are getting rich because they believe the CP Lie. #Bitcoin. Fixes this.