Yesterday I came home and saw my neighbors celebrating the 4th 🎆🇺🇸
They waved me over to come to grab a drink and some food
In my neighborhood, I happen to be one of the youngest homeowners
They know me as the #Bitcoin guy
So I grabbed a burger and a drink and joined in on the convo
The President of the HOA said:
"CJ, we were just talking about the economy and property prices
Considering who's in charge, all the mistakes and how bad it is, we feel our homeprices are holding up well!
What do you think about it, are you happy with your home value?"
Poor soul probably thought it couldn't tie back to Bitcoin.
"Well Don, years ago I bought this property and paid 65 #Bitcoin
As we all know, our homes have since gone up over 100% in price
Seems like we're doing good, right?
*Everyone was nodding in agreement with dollar satisfaction*
I continued...
BUT Don, if I wanted to sell my home today to get back my Bitcoin.
Remember, I paid 65 BTC for it
Do you know how much bitcoin my property is worth today?
I'd be lucky to get 10 Bitcoin today.
My property value is down ~85% against real money.
Real Estate, and for that matter every other asset in the world, is absolutely CRASHING against $BTC
I then showed them this pic 👀👇
Haven't talked to anyone since BUT I hope they're still sleeping OK 😂
In hyperinflationary crashes...
Everyone is a millionaire
BUT no one is rich.
Protect Purchasing Power #btc