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0 sats \ 0 replies \ @ssaurel OP 7 Mar \ on: Real-life Story Demonstrating the Superiority of Bitcoin Over Real Estate. bitcoin
On X, a man shares his situation. He bought a house for $2.4M two years ago.
On March 5, 2024, he sells this house for $2.475M.
The problem is that to beat the effects of inflation in America, he would have had to transform this $2.4M into $2,529,253 in March 2024.
We can therefore estimate that this person lost $75K in this real estate deal.
He regrets not having bought Bitcoin at the time for the $2.4M, as he could have bought 300 of them. Today, those 300 BTC represent over $19M.
He concludes with an eloquent question:
"Is your home worth 1.4 million? If you said NO you should sell your home, and invest the funds left over from renting."
As Bitcoiners, we all know that Bitcoin > Real Estate for Generational Wealth Preservation, but it is interesting to see real-life stories like this one.