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It just struck me that Housing/land prices are rising all over the place. No one is buying Real Estate with BTC, They are using the USDshitcoin still. All the value of the world is flowing to BTC though so when that shit goes... When Bitcoiners start to buy realestate with their crypto bags dollar holders/earners will be priced right the fuck out of the market as they have to then face the fact that not only is the native action of BTC to rise relative to the dollar but those recieving the benefit of the rise are competing against you directly for goods and services. This is getting less and less dollar-holder neutral by the minute. The world of people out there that has not fully grasped what crypto is doing to the world economy will get a harsh lesson when they see things like home prices start to move in the same way that the coins that purchase them move relative to a dollar zeropoint. Think of someone getting 400% gains on their home price in a week because a bunch of crypto holders want to buy it. That is what would happen as ability to buy increases with the movements of the coins themselves relative to Real Estate. Sweet! We just got some big wins! Fuck living in this bug infested apartment next to those fucking niggers Its time to get some proper diggs... Time to buy that nice-ass house on the hill with all the windows and the security system...

This shit could happen fast. Like this could start popping off anywhere at pretty much any time. It could be that a broadly accepted method of direct purchase will be needed to kick it off which makes sense actually but perhaps not. BTC is property now. As long as the seller agrees to the terms of recieving BTC (one piece of property), and giving real estate in return (another piece of property) then you just priced realestate in BTC. How come no one has set up a DAO to do this exact thing.

That shit right there would be a killer business model. A realestate exchange DAO that managed realestate deals between crypto people. How is this not a thing right now??

It just struck me that Housing/land prices are rising all over the place. No one is buying Real Estate with BTC, They are using the USDshitcoin still. All the value of the world is flowing to BTC though so when that shit goes... When Bitcoiners start to buy realestate with their crypto bags dollar holders/earners will be priced right the fuck out of the market as they have to then face the fact that not only is the native action of BTC to rise relative to the dollar but those recieving the benefit of the rise are competing against you directly for goods and services. This is getting less and less dollar-holder neutral by the minute. The world of people out there that has not fully grasped what crypto is doing to the world economy will get a harsh lesson when they see things like home prices start to move in the same way that the coins that purchase them move relative to a dollar zeropoint. Think of someone getting 400% gains on their home price in a week because a bunch of crypto holders want to buy it. That is what would happen as ability to buy increases with the movements of the coins themselves relative to Real Estate. Sweet! We just got some big wins! Fuck living in this bug infested apartment next to those fucking niggers Its time to get some proper diggs... Time to buy that nice-ass house on the hill with all the windows and the security system... This shit could happen fast. Like this could start popping off anywhere at pretty much any time. It could be that a broadly accepted method of direct purchase will be needed to kick it off which makes sense actually but perhaps not. BTC is property now. As long as the seller agrees to the terms of recieving BTC (one piece of property), and giving real estate in return (another piece of property) then you just priced realestate in BTC. How come no one has set up a DAO to do this exact thing. That shit right there would be a killer business model. A realestate exchange DAO that managed realestate deals between crypto people. How is this not a thing right now??

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[–] • 0 pt

Housing is about to CRASH. Hard.

The foreclosure processes are just now beginning for people who lost their jobs during the stupid lockdowns. These businesses that couldn't stay afloat are either already closed or just now feeling the end of their days.

We have the highest unemployment rate ever. In 4 to 8 months when a large portion of the foreclosures and short sales hit the market it will be flooded and crumble.

Once the housing market crumbles, the stock market will crumble.

Once that happens people will try to flee to precious metals.... and crypto. There will be a crypto boom. Buy xrp.

[–] • 0 pt (edited )

CRASH relative to what? An infinitely inflating dollar? I dont think so... No relative to how they would appear to move from the point of view of someone who ONLY holds BTC and doesnt give a shit about the USD. Seriously... Think about it. crypto holders who had only a few thousands bucks a year or so ago could buy a sweet house today. Now there will be great hesitancy to trade one's finely tuned crypto bag for a house but eventually buying a house cash could be simply a moderate setback in the upward rise to the Great Lambo-Moon In The Sky! I mean, think about it. There is a shitload of people with crypto bags watching your crash happen RIGHT NOW relative to their chosen currency point of view.

Go get a chart of housing prices in BTC for the last 5 years and see what that chart looks like. Oh, you are very correct that housing is crashing hard.... relative to BTC it sure as fuck is and has been for 6 months now. That rise is happening relative to only to USD purchases. Every purchase is USD now. Zero upward pressure from bitcoiners. Housing prices will never crash again. The dollar is going right now. This is the fucking end for fiat.

Great fucking name by the way.

[–] • 0 pt

The issue with that is trading a relatively stable value asset for a volatile one. For any crypto to be utilized as a currency it has to be treated as a currency instead of a stock.

Everything equates to usd because that's how we think. No one thinks in bitcoin. Even bitcoiners. You don't go to the gas station and look at the pump and say "0.000000013?! That's outrageous!

[–] • 0 pt

Crypto won't ever be a currency until it is treated as a currency instead of a stock asset.

Trading a house for bitcoin is easy. You just have to find a seller who will. I would sell my house for 3 bitcoin. The issue with trading volatile asset for stable asset is in perception. You don't go to the gas station and say "0.0000013 btc a gallon?! That's outgrageous!"

Any asset is worth what people will trade other assets for it. It doesn't matter what they are.