I priced out my house and then the value it went up in fiat price (68% increase since we bought in 2015), BUT adjusted for inflation only went up 10%, AND that is offset by taxes, repairs, maintenance, time, etc. So I’m net negative 25% in real terms. NOT up 68%!
Now compare that to if I had that money in Bitcoin. Bitcoin was up 19,000% since i bought in 2015!!!!
Note: I used 25% as the cumulative fiat inflation rate since 2015. In real terms we know it’s even higher than the government numbers
Sorry. It’s bad right now.
But look at this :
I priced out my house and then the value it went up in fiat price (68% increase since we bought in 2015), BUT adjusted for inflation only went up 10%, AND that is offset by taxes, repairs, maintenance, time, etc. So I’m net negative 25% in real terms. NOT up 68%!
Now compare that to if I had that money in Bitcoin. Bitcoin was up 19,000% since i bought in 2015!!!!
Note: I used 25% as the cumulative fiat inflation rate since 2015. In real terms we know it’s even higher than the government numbers