When people say #bitcoin has no intrinsic value I laugh…
You do NOT want money to have intrinsic value. It should only be a financial asset.
One day that house that makes up the majority of people’s net worth may not seem valuable to anyone, not just because of de-gentrification in big cities, or weathering, or the outdated design and plumbing, or inexplicable rising costs and mortgage rates. But because you can’t move that property.
It takes months to find buyers, hire inspectors, go through negotiations, pay fees to realtors, etc. Why is it hard to sell? Buyers need to see the intrinsic value to justify paying the massive premium on junk houses. #HFSP
For the record, #btc has intrinsic value, but not in the way dumb money (regular people) can understand.
/ Anda
npub1zd…rlgpj
2024-10-16 04:25:12 UTC
Author Public Key
npub1zdvmav7jxd9juh2x2kzskx7zwry6qau839enjjea8lju6yuzkzhsnrlgpjSeen on
wss://nos.lolPublished at
2024-10-16 04:25:12 UTCEvent JSON
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