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
Its all the same in my view.
But what carrys more weight is how liquid which one is if you compare it, and when I mean by liquid its how fast you can get rid of the risk associated.
The only reason why I wouldnt get a house is because - how long does it take a house to be sold vs selling a few position on the exchange which take seconds which in this case is bitcoin wins in speed.
