quotingI think once it gets to be too high, two likely scenarios may occur.
nevent1q…smyq
1) Nationalization of real estate by the state, already underway by stealth in a lot of countries under the "you will own nothing & be happy mantra"
2) Monetary reset that will wipeout most homeowners who are yet to pay off their houses and the equity of those who have. Bitcoin or gold will become the preferred currency of choice for sellers.
HighonBTC on Nostr: There is hardly anyone talking about this, which is want they want. You can disagree ...
There is hardly anyone talking about this, which is want they want. You can disagree on the nuances but when you chuck in AI/AGI this is near. No one knows the extent of the impact but there will be pain.
