@BritishHodl
I think it's irresponsible for a parent to recommend their Children buy property vs own #Bitcoin now.
Most people do this because "it's what worked for me".
When my Dad's family immigrated to the United Kingdom, they bought a home for £4,200 in 1971.
They got extremely lucky as they bought that house just as Nixon decided to start exporting inflation around the world in the USA.
That house is now worth roughly £500,000.
A Compound Annual Growth Rate of 9.63%.
To maintain that trajectory of rise, the same house would need to be worth £59.6m in 2075.
Every generation has it's asset, and this generation's is #Bitcoin .
Yes, I agree with you the parents who recommend to buy property aren't sure what Bitcoin is or how good it will get over the coming years.
Most people trust blindly on Real Estate as they think that the property rates will surely increase in a decade or two and purchasing of a property is best option to secure someone future financially, but I believe that those people aren't aware about the potential of Bitcoin.
This generation's asset isn't property or stock shares because they are nothing compared to Bitcoin.
Bitcoin is the future of this generation whoever have it can live their life happily without any financial issues in the future.
Most impeccable realistic scenario with $200k+ in 2025 and hitting $1 million in 2029.
Amazing to see that in real life. $200k in 2025 seems out of picture for many but I believe it's possible to reach that level in 2025, and man hitting $1 million is really mind-blowing in just next four years.
