{"type":"rich","version":"1.0","title":"Jor wrote","author_name":"Jor (npub103…fd3h5)","author_url":"https://nostr.now/npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5","provider_name":"njump","provider_url":"https://nostr.now","html":"Someone left a comment saying \"I'm new to Bitcoin, real estate is still a great investment, great video\" \n\nOr something like that.\n\nI took some time and crafted a message back in response.\n\n--‐--------------------\nReal estate only goes up in value because they're printing money.\n\nScarce real estate like farmland or ocean front property will continue going up in real terms but everything else will trend toward zero against bitcoin. \n\n$450 trillion worth of non-utility assets will flow into Bitcoin over the next few decades\n\nAnd that's because even if you factor in the cash flows and tax savings, Bitcoin's performance MOPS it.\n\nAnd performance is just one part.\n\nBitcoin is absolute scarcity. \n\nReal estate is kinda scarce. \n\nMassive difference in absolute scarcity and kinda scarce.\n\nHomes will get cheaper and cheaper to build because of technology and demand will continue to fall.\n\nWe cannot create more Bitcoin no matter how much demand there is. And there is going to be a lot.\n\nBitcoin is much more liquid.\nBitcoin's value can be verified by visiting a website.\nBitcoin is highly divisible.\nBitcoin can be sent to anyone the planet for hardly any fees.\nBitcoin is not affected by hurricanes or floods.\nBitcoin has no maintenance. \nBitcoin has no tenants.\nBitcoin is globally recognized.\n\nAnd you can buy $5 worth of Bitcoin. \n\nI spent some time on this response because you mentioned you were new to Bitcoin.\n\nHope that helps. 🫡"}