๐ **Bitcoin to the Moon: How Much House Can You Buy with BTC?** ๐
Hey there, Bitcoin enthusiasts! ๐ As mortgage rates in the U.S. hit new lows ahead of a potential Fed rate cut, let's dive into how much house you can snag with your precious BTC! ๐ก
Back in August 2014, you needed a whopping 694 BTC to buy an average U.S. home priced at $340,400. Fast forward to August 2019, and with Bitcoin soaring to $11,523, you only needed 34 BTC for a $382,700 home. ๐
Now, in August 2024, with BTC hovering around $60,000 and the average home price at $501,700, it takes less than 9 BTC to secure your dream home! ๐
Bitcoin's fixed supply of 21 million ensures it gains purchasing power as the dollar inflates. So, HODL on tight, and watch your BTC grow! ๐๐ช