I think quite some real estate capital (something like perhaps 2T to 5T) is going to flow to Bitcoin in the next 5 years. First it'll go through equities, mostly the S&P500 (and MSTR which will siphon a lot of that capital) and Bitcoin ETFs.
Why? Because the housing crash is here. It'll take some years to bottom, maybe 3 years, but it's definitely here.
In 2008 in some cities, the prices dropped 50%. Imagine that happening now? That would mean real estate would drop from 300T to something like 230T in this crisis. Almost a 1/3 wiped out.
Do you think real estate people are going to accept those losses? A lot of them are going to try and sell. But who or what are they going to sell it to?
Bitcoiners. In 5 years Bitcoin will be about 500k USD and houses will be at a 50% from top (in certain cities).
Along the way a lot of trades will be made.
#bitcoin #economics #economy #politics
CitizenPedro
citizenpedro@nostrcheck.me
npub1v2n2...etnt
Developer, entrepreneur, AI, startups, technology, business, networker, etc. Based in Portugal.
https://linktree.com/citizenpedro
Feel free to PM through Nostr or Simplex at: https://t.ly/cpozo
For a freer society with truly free individuals working voluntarily.
Interested in:
Life, liberty, hard work, love and happiness.
- #freespeech
- #libertarianism
- #entrepreneurship
- #ai
- #technology
- #bitcoin
- #g1
- #voluntaryism
- #permaculture
#europe #portugal #spain
I also like really like Switzerland and actually consider the most voluntaryist system in the world AND also the only system that is worthy of being called a democracy in the world: https://thedemocracyupgrade.org/
All the other nation states are different degrees of oligarchies/centralized/elitist powers of some kind. In my view of course.
The medium is the message. Long live #nostr. Feel free to send messages :)
So wait, there still isn't a good Nostr community website or client?
Satellite.earth is still the best we've got?
#asknostr
Half of the state should just be a UBI.
#politics
A lot of times I feel like people don't care about each other. About how we live in a dog eat dog world. And I've been thinking about this and more and more I'm concluding that this feeling is fake. As in, it's just a distorted consequence of the context I'm in, what I'm exposed to, and not something that comes from me.
In other words, I think this feeling that people don't care about each other is an artificial feeling mostly created by a fake monetary system. A psyop if you will.
I don't think we are like this in our very deep nature. It's just that in the absence of real money people try to conquer that power top-down, completely disregarding service to others. Adding to that very bad top-down philosophy also, such as the expansionist philosophies of a lot of nation states.
And then in this scenario/world, I really like Buddhism because in that the absence of real money and all the chaos that it creates, Buddhism very precisely reminds me exactly what is important and not. Buddhism reminds me to intentionally focus on being good to people. But with wisdom of course, not just being good per se.
Compassion, generosity and wisdom is a thing. Eastern societies have been building on that for years. It's just that in the west it currently almost feels non-existent.
We don't have good money or good philosophy in the west. But now we can have both :)
#bitcoin #philosophy #politics #society
I really can't believe China/Russia want to monetize gold when the US/Trump already said that they want to revalue the gold in their asset sheets and buy Bitcoin with this liquidity?
It's like, can't they really see the move? Do they really think they can win this battle?
#bitcoin #politics
BRICS want to build a gold-backed currency but they have no idea how
From
"Russia and China are taking concrete steps to reduce Western influence over global gold markets, signalling a broader move towards monetary self-reliance and the redomiciliation of gold reserves away from traditional Western centres.
Russia is preparing to launch its own gold exchange, independent of the London Bullion Market Association (LBMA), which has dominated international price-setting since the early 20th century. According to officials, trading on the new Russian platform will be based on physical bullion, with participation open to BRICS member states."
So what's the plan, cut out the West from buying gold reducing demand, gold demand that you need to monetize your BRICS gold backed currency?
The new players might be even worse than the old players.
#bitcoin #gold #economy #thoughts

Russia, China to set their own gold exchanges, cut ties with Western control
Russia and China are taking concrete steps to reduce Western influence over global gold markets, signalling a broader move towards monetary ...
Trump is considering a UBI like Dividend from tariff gains!!
This might the beginning of the UBI from a dividend (in this case from gains) that I've been talking about.
This is nothing short of revolutionary if you really think about it.
#us #news #politics #ubi
X (formerly Twitter)
Acyn (@Acyn) on X
Trump: We're taking in trillions, not billions, trillions and trillions of dollars from other countries … Now they're paying a lot of money and t...
They're going to print for a UBI because there will be no alternative.
And Bitcoin will explode too.
#bitcoin #ubi #economy
QE for the people in the form of UBI!!
Why not? But really, why not?
I think it's inevitable in the next 10 years to be honest. Mark this post ahah.
#ubi #bitcoin #philosophy #economy
There's nothing that brings more freedom, happiness and beauty then hearing this (Arthur Russell in general):
The first time I heard Arthur Russell I thought it was disgusting. I was in a weird niche-like/kind of pretentious music festival in Coimbra in Portugal (Portugal sometimes has this kind of "pretentious art" circles sometimes, most likely because of state money, pretentious leftists associations, etc), and they played a Arthur Russell documentary.
I was like what's this shit? I was pretty high on weed at the moment too (and feeling anxious and out of place). Half finished music, fake artsy pantsy / State subsidized (ahah) people music. Really? Are these people listening to this? This is what I do in my bedroom and my friends too".
Then I dug more into it because there was a particular riff that captured my attention... and eventually found a guy with a lot of talent and beauty just trying to be himself.
It redefined what I thought music and thus life by extension can be. It can be much more different then what I thought it can be (was kind of the lesson). And that's perfectly fine too. It opened my mind.
I's always the simplest things that are the most divine.
This is the documentary by the way, can't find it online unfortunately!:
And one of my favorites from him (Wild Combinations):
#music #philosophy
Wild Combination
Wild Combination: A Portrait of Arthur Russell is director Matt Wolf’s visually absorbing portrait of the seminal avant-garde composer, singer-so...