Agreed and even the terminology "the debasement trade" is catching on.
However, the rent market/conditions in Australia are atrocious. Owning a home, specifically with land, whilst also investing would be a better situation for many.
Hi RA, I want to support you. Can I get a lifetime membership for some BTC? If so, how and how much? The bit life crisis I'm having right now is: Given the volatility and potential long-term appreciation of bitcoin as a superior hedge against currency debasement, under what circumstances might using bitcoin profits to purchase property for future generations be advisable, particularly considering the potential inability of future generations to enter the property market independently? We can take this offline if you wish
Agreed and even the terminology "the debasement trade" is catching on.
However, the rent market/conditions in Australia are atrocious. Owning a home, specifically with land, whilst also investing would be a better situation for many.
And yet, not many can. The divide is growing.
Hi RA, I want to support you. Can I get a lifetime membership for some BTC? If so, how and how much? The bit life crisis I'm having right now is: Given the volatility and potential long-term appreciation of bitcoin as a superior hedge against currency debasement, under what circumstances might using bitcoin profits to purchase property for future generations be advisable, particularly considering the potential inability of future generations to enter the property market independently? We can take this offline if you wish
Borrow fiat using your BTC as collateral, and use that fiat to buy the house/pay a deposit. Never sell the BTC