54 sats \ 1 reply \ @ssaurel OP 24 Apr \ on: A Million Simulations, One Verdict for US Economy: Debt Danger Ahead econ
Complete article here: https://archive.ph/lOvx6
Are you surprised?
I guess not, because otherwise, you wouldn't be on Stacker News.
I wonder how the general public reacts to this type of news coming from Bloomberg which describes the unsustainable situation towards which the American economy is heading for the future.
Do you think this could accelerate the adoption of Bitcoin? Or do you think that this will not change the general public's blindness to the flaws of the current system?
The real signal of the Bitcoin revolution is found in these types of projects which aim to help as many people as possible benefit from Bitcoin. Even without the Internet, you can enjoy the liberating power of the Bitcoin revolution.
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.
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