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110 sats \ 0 replies \ @orthzar 15 Aug 2023 \ on: New York Times capitulates, says Bitcoin is "not a passing fad" bitcoin
From the actual NYT article:
This is all 100% correct.
But on the flip side, you have millions of Americans who treat their house as an investment, depsite the fact that it provides neither earnings nor income -- it's just a building. At most you could "sell [your house] for a gain."
When are we going to see NYT articles advising people to stop pouring their lifesavings into the house you live in? Probably not until long after the housing market has crashed and everyoen who could sell already has.