Dismantling The Cash-flow Narrative: Real Estate vs. Bitcoin
609 sats \ 4 comments \ @wingalt 9 Jun bitcoin
Bitcoin Magazine has become a refuge for shitcoiners and JPEG maximalists. But in the middle of meaningless articles are buried some gems worth having a look. I dig them out and post them here so that you don’t have to.
Dismantling The Cash-flow Narrative: Real Estate vs. Bitcoin
Real estate is the saving mechanism of choice in our current broken money system. But it is about to change and this article shows very well how Bitcoin is a superior savings mechanism and will displace real estate in the years and decades to come. As well-programmed fiat monkeys the temptation for real estate is high but the numbers don’t lie, year after year it is crashing against bitcoin so keep going and stack sats until buying a property becomes pocket change to you
https://bitcoinmagazine.com/markets/dismantling-the-cash-flow-narrative-real-estate-vs-bitcoin
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221 sats \ 1 reply \ @0fje0 9 Jun
A reasonable read if you already favor bitcoin over real estate, but I won't recommend it as the first one to read for property owners who aren't bitcoiners.
But I found this handy:
The following table highlights these distinctions, showcasing why bitcoin is increasingly recognized as a powerful contender in the arena of wealth preservation:
The rest of the article attempts to articulate what's in the table, but not doing it very well in my opinion.
Edit: And the appendix seems to have a typo: billion instead of trillion. But I may be wrong. Check it yourself.
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122 sats \ 0 replies \ @thecommoner 23 Jun
I think that this chart is a good one except for that highlighted Cash Flows section stating Bitcoin no.... It just seems to me that Bitcoin is a system of value communication that is completely opposite to the FIAT system.... Under FIAT you have inflation to the monetary supply making the which lessons the purchasing power of the future supply and On a Bitcoin System you have an ever increasing amount of purchasing power due to its scarce supply. In turn the entrepreneurs' that build business that excrete value the most will be the most successful in the long term (as they will be the business providing the most utility/value to their customers - of which they are looking for the best value for their Bitcoin)?? If the customer/consumer you are looking to attract is looking for the best value? Businesses that are able to lower their prices in BTC terms over term are going to be the successful businesses....not businesses that constantly need to refinance themselves in FIAT terms to keep up with inflation or businesses that are owned by people who spend more than they create? Those businesses will always be chasing the customer and offering discounts for paying in Bitcoin....vs....simply building a business that is creating more value than it is taking?
I guess now that I walk through all that - maybe the chart is right....its just that instead of looking at "no cash flow" as a negative on Bitcoin it is actually a positive and the negative here is the FIAT system with positive cash flow?
I am not sure that this concept comes through in Leon's article...I am not sure if I even articulated it correctly? It certainly makes some sense to me though - businesses need to incentivize their customers to participate in the Bitcoin economy and the only way to do that is to provide maximum value to them...???
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10 sats \ 0 replies \ @SatsMate 9 Jun
The hard part is fiat normies living 10x better than one right now. I look at it like, In a decade I will be able to never have to make a house payment and i'll be free. The whole goal for me is freedom, and I think bitcoin plays strongly into that.
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21 sats \ 0 replies \ @thecommoner 23 Jun
Leon Wankum certainly has some good points and his articles sound a lot like some of the posts I have made here.... He is definitely on a Bitcoin track.... I think he makes some really great points about how Bitcoin is going to extract the Store of Value currently in the Real Estate market and how it can be done using the cash flows of the business....
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