Hell yeah

The world in 10 years will be radically different I think

No one other country in the south and east will ever try this. Italy, Bulgaria, Romania, Poland, Lithuania, Spain, Portugal, etc. This is a very crazy idea that will fail.

People have to leave asap then. Stocks are global and liquid, easy to move.

Step 5. move to any of the 25 or so countries in the EU.

This is all just macro. Nothing is related to the tech.

We're in a liquidity crisis. There's a lot of money but it's not liquid, their choices have been made and they're just holding now.

I predict the stocks will drawdown also about 20 to 30% in the next 6 months, and then printing in May onwards will accelerate the next business cycle, which is going to last 4 or 5 years.

We're basically in 2010 or something like that.

Was just thinking about it. I think these wild changes are due to the incredible trading speed we have today. Half of gold is just paper gold, very fast to trade.

i.e gold trades like Bitcoin basically.

So we might really an explosive rotation to Bitcoin. It's really technically possible.

Thanks for the response :)

Makes complete sense. It seems like it's going to take some time, but it certainly is very exciting to see people move from real estate to Bitcoin!

My non Bitcoiner friends simply don't understand how Bitcoin is probably the greatest thing that could've happened to the non-asset holding class. Because it monetizes well... money, again :D

A lot of people can't really imagine the kind of future we're heading to. It will definitely look like the past in a way, real jobs will be highly paid again.

I was watching a video about a "poor" family in the 60s in the US talking about how they had it, etc, and the father was the only working one, 4 kids, the wife, in total 5 people living off a single salary.

Normal big American house (big!) and they were poor for the time!

For me it's pretty clear that part of society is heading this way. Bitcoin will not only monetize money but also it'll bring the family together again!

Which seems old school for some but it's pretty necessary I think

In this case, if you don't mind the question, what would good timing mean in this case? Is it for example house prices start to go down a bit more, or the lowering of interest rates, etc?

Or perhaps it's probably more related to a set of personal tax reasons that make holding real estate not as valuable anymore in this case. That's probably more the reason I assume.

The second part is indeed probably the biggest a lot of people hold real estate too, in a way.

Yeah, until perhaps they watch that Grant guy and start to rethink their strategy. :D

He's also a real estate guy that went for Bitcoin. There's a lot of that content floating around, which is pretty cool!

Absolutely. And they'll understand by comparison. In 5 years when they look at the numbers, the amount of work they had to do, etc, when they see that BTC is 500k, has grown 30% yoy, can be used as collateral instantly and everywhere AND thus understand Bitcoin can be used to actually invest on other stuff like stocks, even real estate, etc.

They'll be like, why do I have an MP3 player, when I can have a smartphone connected to the internet that has access to all the music in the world and a bunch of other useful things?

Not to count that there's going to be serious tax backslash for real estate. Trump is already working on that. This is why Eric Trump is going all in on Bitcoin. Trump's family, a family that made fortunes on real estate, is actively demonetizing real estate. They know what's up.

ahah