Damus
Sourcenode profile picture
Sourcenode
@Sourcenode
I spoke with a very wealthy family friend recently who enjoys playing with real estate and land development.

He bought a property in 2012 for 250K that is now worth more than 3M. That's approximately a 21% ARR.

I explained that the same amount of Bitcoin would be worth more than 3B today.

His response was that hardly anyone was buying Bitcoin back then.

The same is true now.
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paulo · 66w
How about buying some now just in case? I mean… https://media.tenor.com/j0EdMOL0PgsAAAAC/joey-joey-tribiani.gif
Contra · 66w
The best part is that in 2035, we’ll all be hearing the same thing: “Nobody was buying in 2025
Marc · 66w
You also needed 250k, or the ability to borrow it to get that return.
Financial Parasites · 66w
https://image.nostr.build/d90f69cf55344230dda129e9b06ef06df438b1f44015661586313831040e094a.jpg
Jay · 66w
This is why I don't talk to people about Bitcoin.
Brisket · 66w
It's the same every cycle. People are in such disbelief about how bitccoin is currently priced that they cannot foresee where it's headed. I don't think Bitcoiners are immune to this effect.