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Former U.S. Commodity Futures Trading Commission member: Bitcoin's ability to buy U.S. homes has greatly increased

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AI Summary

In 2018, it took 400 bitcoins to buy a house, but now it only takes 5, reflecting that the value of Bitcoin has increased significantly and is expected to continue to appreciate in the future.

According to Foresight News, former U.S. Commodity Futures Trading Commission Commissioner Chris Giancarlo said on Fox News that the average U.S. home price in 2018 was over $260,000, equivalent to over 400 bitcoins. Today, the average home price is over $460,000, but it only takes less than 5 bitcoins.

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Former U.S. Commodity Futures Trading Commission member: Bitcoin's ability to buy U.S. homes has greatly increased

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