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Property Price in Bitcoin at All Time Lowsopen.substack.com/pub/bmpro/p/property-price-in-bitcoin-at-all
146 sats \ 1 comment \ @Coinsreporter 17 Feb bitcoin
In 2017, an investor would have needed 24 bitcoins to purchase a US property with a median house price of $337,900.
That dropped down to 9 bitcoin in 2021.
Today, an investor would need just 4 bitcoin to purchase a US property with a median house price of $419,200.
While property value has increased in US dollar terms, it has crashed relative to bitcoin.
Something worth remembering next time you here that Bitcoin is not a good investment.
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0 sats \ 0 replies \ @Akg10s3 17 Feb
I like information with graphics, it's more interesting!!
And it's a clear example of how the Fiat system doesn't work... And Bitcoin's Super Power is passing over it... ⚡⚡🤠
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