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The old adage “Buy land, they’re not making it anymore”, will some day be replaced with “Buy Bitcoin, they’re not mining it anymore”

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by COINS NEWS 448 Views

I am sure you’ve heard this one ad nausem, probably from anyone that owns land and wants to keep stacking the house of cards in their favour. But you know what? They are making more land, don’t believe me? Here are some thoughts:

  • China has reclaimed more than 13,500 square km since 1949, that’s just shy of New York Cities larger than Los Angeles County or about the size of Connecticut.

  • 250 square km of Tokyo Bay is reclaimed, about 15% of the largest Metropolitan area in the world.

  • Space X, Blue Origin and co are all looking to space for profits. Eventually they will be settling out there! What’s that going to do to your crappy million dollar shoe box in Sydney?

Contrast that to Bitcoin, once it is fully distributed that’s it, no making more of it from thin air.

So I am sure if Mark Twain was alive today he would have been singing a different tune.

submitted by /u/Markharris1989
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