Bitcoin is The New Real Estate

BTC is "the new real estate"

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When the Bretton-Woods agreement happened, the legacy finance system we know today was set in motion, and all global currencies were to be pegged to the US dollar with exchange rates set. This, combined with the removal of the gold standard, set in motion an inflationary economy based on a simple principle:

Infinite growth based on the exploitation of finite resources.

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Logic dictates this will fail. Not if, but when.

The rest of the world was duped into believing that "by decree" US dollars were valuable. See also, fiat.
Now, fractional reserve banking combined with Fed QE is eroding the dollar faster than ever.

Many people that want safe haven assets use real estate, with a philosophy that there will only ever be a certain amount of inhabitable property or land on this planet, and while the number of people in the world continues to grow exponentially, the demand for such product will increase over time and become more valuable with a larger number of individuals competing for a finite amount of that resource. Supply and demand.

Now, papa Elon and others have plans to take us off-world. I believe there is a greater than 0 probability that people will be able to buy real estate on other planets within my lifetime (I'm 31). I'm not saying that is super likely for the average person, but there is a greater than zero probability.

With the fixed supply of BTC written into the code, there is a 0 probability that more BTC will ever be produced beyond 21 million. There is an almost certain probability that someone, somewhere, at some point in the future will lose their keys. That just makes everyone else's coin worth more as Satoshi pointed out in the BTC whitepaper. BTC is the only mathematically verifiable, cryptographically secure, finite resource in the known universe.

According to Savills, the total value locked in the global real estate market was $326.5 trillion in 2020.
Offshore financial havens are said to hold up to $36 trillion in cash, gold, and securities.

As the US Government continues to overspend and inflate the US dollar, and global confidence continues to decline, all of this capital is going to begin to look at alternative places to be stored.

We are still so early.

See Also

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