After all this talk of Coinbase loans, it got me thinking....
In this envisioned future, Bitcoin has become the new paradigm for wealth storage and appreciation, much like real estate was over the past few decades. People now apply for "Bitcoin mortgages," where instead of buying a home, they invest in Bitcoin, betting on its long-term value growth. Financial institutions offer loans specifically tailored for Bitcoin investment, with repayment terms spanning decades, mirroring traditional mortgage structures.
The rationale behind this shift is the belief that Bitcoin, with its capped supply at 21 million coins, will continue to appreciate in value due to increasing demand, technological security, and its acceptance as a legitimate store of value. Just as real estate appreciated through urban development and population growth, Bitcoin's value is expected to rise with global financial instability, inflation fears, and a broader acceptance of digital assets.
Homeownership rates might decline, with people choosing to invest in Bitcoin instead, viewing it as a more liquid and potentially higher-yield asset. This shift fundamentally changes asset allocation strategies, with Bitcoin becoming a central component of personal wealth. Cities might evolve, with less emphasis on housing as an investment and more on community and living spaces, while Bitcoin becomes the cornerstone of retirement and wealth planning.
What do you think? Possible?