I wouldnt see why not.

Youre not aware of the housing situation and not know enough about it. It takes 30 years for a house appreciate in its value, and 2nd you dont know about the markets within where that house is so bitcoin is probably the best solution for them.

Its same thing as getting cash value and I`m sure he sold of his bitcoins and prepared for it while the price held.

Didn't look it up, but I assume you mean in the very short term.  10% a month is 1.1 ^ 12 = 314% of price per year.  Nothing does that consistently.

awesome deal
up 193k from the listed price, thats great stuff

for the last few months.... sold our home at 900k and its 1100k about 6 months later.... and thats conservative... other properties doubled in the same time.

true real estate tends to curve downwards because of it being a much much bigger market.

yeah that makes sense too, our farm was less than 300k now its worth 450-500k but thats since 1980 when we built it
i still think if he was happy with 400kish hes up now anyway

Doesnt a house cost maintenance as well, people talk of it as an investment but if its real then it has costs too.    If only insurance, any house needs total loss cover as part of a mortgage I believe.

The big deal of losing a house asset and gain large holdings of bitcoin is that in a normal capitalist system you can gain something by giving a benefit to others of your capital, most obviously bank deposits and interest and this is relatively secure.  Normally but with bitcoin Ive not really heard of that exactly but its not just a one off, if bitcoin is a real asset then this generally should be possible.  Companies need float or whatever.   If this doesnt exist and become a common instance as bitcoin rises above 1,000 again I wonder for crypto long term, it cant be one dimensional

However the interesting point is we have reached a point in normal fiat systems like dollar where cash barely earns anything, its no longer true capital (useful) or a capitalist society of holding.  Japan and a few places deliberately destroy this element of an economy and charge for those who hold cash with negative rates, I do wonder if this is the end game.    Dollar has some weird back door deal with the FED allowing banks to keep cash off the streets (avoiding inflation) with a false rate special available if they leave excess cash at the FED.   This is only possible if rates stay low as it costs FED alot, the irony with rising rates is inflation rises even faster I think and people will wonder why but its the smallest things that count imo

I dont understand this did you really sold your house by goign all in with gambling wow that is a big stap men and such a stupid idea. I will never do such things.

how can you be so sure dude?