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0 sats \ 1 reply \ @kr OP 28 Aug 2023 \ parent \ on: “On a long enough timeframe, everything trends towards zero when priced in BTC” bitcoin
they all fall apart or need to be replaced within 100 years.
that confuses most people who buy land with a home on it… they think the home is growing in value, it’s really just the land… the home is on a slow, relentless path towards being demolished in 50-100 years.
Buildings made during the gold standard did tend to last longer. I think fiat has made construction worse quality given the technology imporvements. A beautiful enough building, like art could hold value...Art doesn't trend to zero.
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