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0 sats \ 2 replies \ @BitcoinIsTheFuture 6 Dec 2023 \ parent \ on: Will Bitcoin Solve the Housing Crisis? bitcoin
It’s funny real estate has a perceived store of value. When you look at true value, inflation adjusted there is often little to no value being stored or maintained. Oh to answer the question, yes Bitcoin fixes this!
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10 sats \ 1 reply \ @TwoLargePizzas 6 Dec 2023
Well yeah, but I think that's the point. Real estate is keeping up with true inflation and hence "storing value". In other words, your dollars have the same purchasing power in the future.
Contrast this with keeping those dollars in a bank account. That's definitely not keeping up with inflation and therefore losing purchasing power over time.
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0 sats \ 0 replies \ @BitcoinIsTheFuture 6 Dec 2023
Fair point. Vehicles have held value better though.
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