WHY BUY BITCOIN INSTEAD OF A SECOND HOUSE? THE MORAL AND ECONOMICAL CASE FOR BITCOIN OVER A SECOND HOUSE
FIRST OF ALL, A HOUSE IS AN ILLUSION OF WEALTH BUT NOT TRUE WEALTH IT'S A BAD VEHICLE TO STORE WEALTH SINCE IT WAS NEVER MAENT TO BE USED AS MONEY BUT A UTILITY OBJECT, PEOPLE ONLY USE IT TO STORE THEIR WEALTH IN PLACES WHERE THE MONEY IS BROKEN, BUT NOW WE HAVE PERFECT MONEY(BITCOIN) THERE IS ALMOST NO NEED TO SAVE IN HOUSES THEREFORE NO MORE DRIVING HOME PRICES HIGHER TO PRICE OUT LESS PRIVILEGED PEOPLE WHO ARE IN NEED OF A PLACE TO LIVE.
INSTEAD OF SAVING IN A BANK FOR A DOWNPAYMENT TO BUY A HOME THAT WILL PROBABLY DOUBLE IN PRICE(IN DOLLAR TERM) BY THE TIME YOU REACH YOUR PERCENTAGE GOAL(20%), YOU CAN SIMPLY SAVE THE MONEY IN BITCOIN WHERE YOU CAN REALLY BUILD TRUE WEALTH THAT WILL LAST AND APPRECIATE IN VALUE FOREVER.
CONVERTING YOUR HARD EARNED MONEY TO A HOUSE YOU MAY NEVER OWN IS A NET NEGATIVE FOR YOUR FAMILY AND YOUR FUTURE AND MOST IMPORTANTLY BECAUSE THE REAL VALUE OF THE HOUSE DECREASE OVERTIME THEREFORE IT NEEDS MORE MONEY AND WORKS TO MAINTAIN A LIVABLE STATE.
THE BENEFITS OF OWNING BITCOIN OVER A HOME ARE: YOU CAN SELL THE BITCOIN ANYTIME YOU NEED IT(IT'S LIQUID GLOBALLY), IT'S BORDERLESS ie YOU CAN TAKE IT WITH YOU ANYWHERE(BECAUSE IT CAN BE IN YOUR MIND), ALMOST MAINTENANCE-FREE, YOU CAN CALL THE SAVINGS IN BITCOIN YOURS THE MOMENT YOU START AQUIRE IT IN CONTRAST TO A HOUSE YOU CANNOT CALL THE HOUSE YOURS TILL YOU'RE DONE PAYING IT IN FULL WHICH IS ALMOST AN UNATTAINABLE GOAL FOR MOST PEOPLE. YOU SEE, THE MOST VALUABLE THING IN LIFE IS YOUR TIME AND YOUR ENERGY, WHEN YOU WORK YOU ARE TRADING THEM FOR MONEY BUT THE MONEY IS BROKEN BECAUSE IT'S LOSING IT'S VALUE OVERTIME AS FAST AS THEY ARE PRINTING THEM. BITCOIN IS HARD MONEY BECAUSE NO ONE CAN CREATE MORE OF IT AND IT IS LIMITED IN TIME ONLY 21MILLION BITCOINS TO EVER BE CREATED. THAT'S WHY YOUR SAVINGS IN BITCOIN DO NOT DEGRADE IN VALUE OVERTIME BUT UPGRADE IN VALUE.
IN CONCLUSION, MY HOPE IS THAT MORE PEOPLE REALIZE THE POTENTIAL AND BENEFITS OF HAVING BITCOIN IN THEIR SAVINGS PORTFOLIO INSTEAD OF A SECOND HOUSE TO PROTECT THEIR WEALTH, SO THAT HOUSES CAN GO BACK TO THEIR UTILITY VALUE ONLY AND BITCOIN CAN BE USED AS THE SAVINGS TECHNOLOGY, BECAUSE THE PRICE OF BITCOIN GOING UP CANNOT PREVENT PEOPLE FROM HAVING A ROOF OVER THEIR HEAD BUT THE HOUSE PRICES GOING UP DOES.
THIS IS HOW MUCH Buying $100 of Bitcoin every week for
9 years starting 9 years ago would have turned $47,000
into $889,150 (+1,791%) HERE AT DCABTC.COM
The Podcast Version, Join me on my way to work talking about that
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