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Turtlesallthewaydown⚡️ · 81w
I’m hoping your new book addresses the paradigm shift required? I was writing about Bitcoin vs Real Estate the other day. Real Estate being my background and I was musing over if the ‘relatively ...
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Robbert Sikken @rlskkn
Question. I follow your reasoning. This means that the effect of living in a deflationary world for many people will be that it is harder to buy a house.

Maybe some will not be able to put enough money aside to ever own a house or other luxury assets, while living on a minimum wage!for example.

Does a deflationary world have a solution for this?
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Turtlesallthewaydown⚡️ · 81w
No, that is not what my reasoning is suggesting. In fact, quite the opposite. Following my reasoning, houses will deflate in value faster than your wages will go down. Wages are sticky. House would be subject to the naturally deflationary pressures of efficiency gains due to ever improving technolo...
Turtlesallthewaydown⚡️ · 81w
The purchasing power of your money, on a Bitcoin standard, should forever go up as the price of everything you want to purchase comes down. So as your stash of Satoshis increase as you save across time, the number of Satoshis needed to buy a house will decrease over time. If we were to plot on a gra...