pull down to refresh

17 sats \ 3 replies \ @SimpleStacker OP 20 Jan \ parent \ on: Bitcoiner thoughts in a fiat world the_stacker_muse bitcoin

but it's only gonna get more expensive later, don'tcha know

write
preview
67 sats \ 2 replies \ @justin_shocknet 20 Jan

Funny I was just talking with my dad over Christmas and he brought their 5 plots up he's had for like 20 years... In a town neither my sibling or I live within hours of... nor could we use to plan given family sizes...

The distress when I told him to sell them 😂

Fiat is one hell of a drug

reply
17 sats \ 1 reply \ @SimpleStacker OP 20 Jan

That's my main argument to my wife for not buying. Who knows where we'll be or where our kids will be in 20+ years

Would your dad be able to sell his plots at a profit?

reply
67 sats \ 0 replies \ @justin_shocknet 20 Jan

I believe so, but I doubt it's more than a nominal return... Probably would have been better compounding in a money market... Plots don't benefit from mortgage inflation

reply