While a home does depreciate, and its primary value is its utility, owning it provides a substantial benefit of being able to sell it to recoup some of its expense. The alternative to owning is renting, where you have no ability to sell to recoup any value.
Unlike most things in life that depreciate, housing is a basic need, so forgoing the expense is seldom an option.
So in the end it’s still a worthwhile choice, especially when considering the sovereignty one gains over their place of residency.
Though, the shaming of renters is unnecessary as the economic choice to rent or buy can vary based on individual circumstance, and bitcoin has certainly tipped the scales on that decision.
Actually concerning. Time to sit some loved ones down to explain the seriousness of this?
Perhaps...
https://twitter.com/Kevin_McKernan/status/1857022282071146569
😀
I love flipping coins to accumulate more sats. Any recommendations, like AI, meme coins, etc.?
#zapathon #Nostr #Bitcoin #asknostr #btc
nostr:note1cettpzlvt7wjamhmu2afzf3uxdzf70gc0fa4nl3x7hhd26yhx0pqqy7mvu
Doesn’t matter. The Onion has like half a billion dollars in annual revenue. The current subscriber list is worthless to them (unless they want to sell male enhancement supplements and bunker meal kits). The brand name is the prize.
I'd love to read it. My favorite genre and I can be super picky on the writing. 🤓
Of course, I'd have to put Mandibles down for a bit which nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx won't be excited about but... a small price...
Since everything is unsigned anyway the client can inject extra tags in the event after decrypting and before storing it for that purpose, no? Is that what you mean?
I do not think you are becoming patronizing nor a troll...nor am I trying to troll you! 😉
I think this is a good , valid, and valuable conversation.
I appreciate your explanation and clarifications.
One thing you state which I'm not sure I'm fully grasping is:
"Implying value from a quantity measure is not the best, but that was all we ever had before #bitcoin."
Is this not what most people are still doing with #bitcoin itself? Many claim it's price (fiat exchange rate) will go up and up "forever" due to it's fixed supply (limited quantity).
You do follow up with "Since I state that[;] all value should be measured in the hardest, purest value-containing asset ever known to man (#bitcoin)".
Thus perhaps we have no other choice than to value based upon quantity??
Is there another way to value goods, services, medium of exchange, proof of work, etc...that I'm not aware of?
P.S. Again, thanks for engaging!