Why Bitcoin is better than real estate
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- Опубликовано: 19 окт 2024
- Most people will say real estate prices will never go down because we need houses to live in
But this isn't why house prices keep going up!
Real estate prices rise constantly because people have financialized housing.
Bitcoin fixes this by being money that doesn't need to be invested
You can just hold it and the value of your savings will be retained
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My friends can't afford a home, most of them are low income. I try to explain to buy bitcoin property instead. It goes over their head, they stay frustrated and poor. Bitcoin is better property then real estate. Completely agree. Thanks for the video
Most people won't figure it out until Bitcoin is $1M+, and they'll STILL BE EARLY!
Is this why some say (like Preston Pysh) that bitcoin is not yet for the poor? Maybe I’m quoting him wrong but if you don’t have money to save, then bitcoin, although it can help you, it won’t because the poor can’t afford to save. 🤔😖
I own some bitcoin, but be careful if you recommend others to buy it. Whilst I do believe in the technology, it is still a risky investment. People on a low income would be better to build up a decent emergency fund first before investing in crypto.
I try to tell my friends & family to do the same thing but they don’t listen so I gave up on that mission
@@NappyWayzif they can afford to spend it on bullshyt like consumerism they can put a few bucks away to acquiring Bitcoin!
This is cutting-edge information! We are stupid early!
Couldn't agree more. Thank you.
I agree with Rajat but we are far from being early :) But still in time to use BTC to beat the markets; ALL markets including property, stocks and so on.
Bro i just love your channel..... i found it yesterday and can't get enough of this information.
Thanks Dorian! I appreciate it. 🤝🏼
BTC stomps real estate: no property tax, no maintenance, no renters, no headaches.
Exactly
Wonderfully stated! I think people have trouble wrapping their minds around BTC because they’re viewing it from a financial instrument schema. People need to be viewing this as a printing press type of disruptor that you can price like a financial instrument (per coin). When you see that BTC is rewriting the rules of finance, then it’s clear what’s coming and why everything is falling against it.
Well said. This isn't just one asset out of the ones we have. This is THE asset that changes everything.
A Profound summary and explanation of wealth over time. Thankyou
🤝🏼
The great thing about Bitcoin is that it leaks no energy, and there is no heavy lifting to store it or own it. Unlike real estate, that leaks an abundance of economic energy to maintain it and keep it. I will keep storing my wealth in Bitcoin...
Exactly! Real estate also requires that you take on debt to buy it because the prices of houses are so high now
This information is so golden, Can't wait to see this video when BTC is at 1M :)
I think it's coming sooner than most people think 🤯
Rajat, your content is amazing! This is exactly what I've been explaining to people. Bitcoin is such a better asset than real estate! It's not taxed annually, it doesn't require advertising, upkeep, or maintenance, goes everywhere on the planet almost instantly, can't be seized without consent, can't continue being created, etc.
Another thing is that BTC is so ridiculously undervalued currently, but many people don't understand this, although wealthy people & people who understand WHAT assets & money IS do understand its value.
Even a paltry amount of USD turned into Bitcoin is substantial. I encourage people to start...just start. Even a dollar helps and gets the habit forming. Great video.
Thank you I appreciate it. I think most wealthy people don't actually understand how assets work.
Really enjoyed this format. Discussion backed up with charts and data!
Thank you! Working on more of these kinds of videos
There was an article in a mainstream media outlet showing that it costs average home owners $55,000 just to SELL the house… then there are regular maintenance costs etc.
Yep. Bitcoin truly is the ultimate asset.
Insane!! Plus interest.
💯💯
Bitcoin is the ethical option...noone needs to live inside bitcoin, noone needs to eat bitcoin and noone needs to drink bitcoin to stay alive.
I've recently realised that countries need to acquire bitcoin to relieve landlords of their properties so that housing can be taken off the investment board. So new housing can be built and the value of the properties to drop without hurting anyones investment.
Needs to be made illegal for banks to lend money to create a competitive renting market. Here in the UK we have a product called a mortgage for rent.
So people with some capital can invest into a home that someone else will be paying the mortgage for. In turn the bank is using our money against us to siphon economic energy and the landlords have been given the mafia job or collecting the rent...
This needs to stop and I know that bitcoin is the answer
Couldn't agree more. The housing market requires that banks collude with governments and landlords to survive. Otherwise it falls apart
Every real estate investor is still playing the old game of our current financial system while us bitcoiners are channeling our time & energy into the new game of the new financial system. We are the pioneers of the new cutting edge of wealth building!
💯💯💯
Excellent presentation, you just got a new subscriber. 👍
🤝🏼
Appreciate You For Helping Me Wrap My Mind Around This Concept mindblow🤯
It was crazy when I got through thinking about it. My mind was blown too 🤯🤯🤯
great content! i was reading in fact about deflation and its pros and cons, a very well known cons is the decreasing of investment and consumer spending, do you think this could happen with btc taking over due to its store of value feature?
I don't think so because people will still spend on whatever they want. Eg. People won't stop wanting to be entertained or go on vacations. They'll still need to eat and buy a home to live in.
Dollars and pounds are not money, they are Fiat currencies.
Fake money
Garbage!
Toilet paper 💯👌
Trash
Thank you!
🤝🏼
Great explanation for real estate vs Bitcoin! Thanks for taking the time out of your day to create content to teach us ! Truly appreciated .
Thank you 🤝🏼
There is alot of liability in homeownership. None in Bitcoin.. unless, if you buy Bitcoins ETF.
Exactly. The ETFs aren't Bitcoin!
@@lagueuxrobert yes sir!!!!!!! When your home breaks you gotta fix it.. and you never truly own it. And you gotta pay property taxes. And ofc liability with renters. You get none of that with bitcoin. It never breaks!
Thank you for producing this video as I have been considering if I should use my Bitcoin to buy a home.
No problem! Saving in Bitcoin is definitely something I'd recommend EVERYONE to look into.
Came into this video thinking it was going to be a puff piece, but you have great research. Lots to think about. 🤔
Definitely not a puff piece! I'd strongly recommend doing deeper research on this. My goal is to educate as many people as possible so they don't get left holding extra properties that are worthless.
Thanks for sharing
🤝🏼
Great explanation Real-estate vs BTC. I am trying to sell my summer house to buy btc.
At least for the next few years, I think this would be a great decision
Not financial advice of course 👀
@@rajatsonifinance i wish i can find the buyer fast.🙏🙏🙏
Great explanation
🤝🏼
I hope you're right
I think there's a chance that i'm wrong
But who knows for sure what that chance is
What website is this for the charts?
Pricedinbitcoin21.com
I agree with everything you say, but banks in France for example will only lend you money to invest in real estate, no bank will lend you money to invest in bitcoin. In order to protect yourself from the unfair expansion of the money supply you must play the fiat game and get into debt.
That's not a requirement on a Bitcoin standard. You don't need debt to buy Bitcoin. Since it's a bearer asset, it's better to buy with cash!
@@rajatsonifinance Thanks for your response, really enjoy your videos a lot, I hope your message gets to more people so that they can realize how royally screwed we actually are in this system.
Great show 👍
🤝🏼
Great podcast, enjoyed, lot of very interesting observations. Yes Bitcoin is so attractive compared to Real Estate as no property taxes and no house maintenance required, or need to keep property secure or worry about tenants, Bitcoin is so compact and simple an asset, can be hidden and stored and transported in such myriad imaginative kinds of ways, like being a pirate it is great fun also.
Real estate is a terrible investment if you can't borrow money to buy it
What if someone leverages cash flow of real estate and appreciation to buy more bitcoin?
You have to buy the real estate to begin with. You have to use capital that you could be using to buy bitcoin instead. For example, if you have a 20% down payment, you'll get a ~20% return on that money per year. On a $500K house, that's $100k. A 60% return on that 100K will give you a better result than 20% and buying more Bitcoin with rental income. I included how Microstrategy achieved this in the video BTE
@@rajatsonifinance thank you for the detailed response!
Agree 100%
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Yes Bitcoin is awesome but how about utility. You can rent a house, get a loan, live in it? Bitcoin??
You don't NEED to. You just watched a video on why. Please watch it again.
Owning BTC is like owning digital property, within 10 years you will be able to borrow against your BTC and never have to pay taxes on borrowed money
Haven't finished the whole video yet but I disagree with the assertion that the cost in BTC of a home going down is due to people dumping houses for BTC. Have people sold real estate to buy BTC sure. But this is like saying the nasdaq or the S&P purchasing power vs housing means people are dumping real estate to buy stocks. If you plot Nvidia vs MSPUS, you can buy a lot more house with your Nvidia shares now than you could two years ago but people aren't dumping houses to buy Nvidia.
It's more about the demand for housing decreasing and the demand for bitcoin rising, even though people aren't directly exchanging one for the other
dumping is a shit word for this, but lets roll with it. No, people are not dumping houses for BTC, people are "dumping" houses AND EVERYTHING else on the margin and the price charts do reflect that.
Real estate "investing" is immoral and so many people can't see it. Whats crazy is, its gonna take a LONG time for real estate bros to realize that they're becoming poorer in Bitcoin terms.
I think so too. And yes I agree - it's what has led to A LOT of the problems we experience as a society today
Jeff Booth said something along the lines of: "People flipping properties think they're getting richer but really they're getting poorer and creating division in society"
Real estate investing is NOT immoral. Villainizing people for choosing to put their money in appreciating assets IS immoral. People who call it immoral are just mad they can’t do the same thing. Stop buying Starbucks and eating out, vaping, drinking, smoking pot, etc. Get your ass to work. Improve your skills and value in the labor market. And then scrimp and save until you can buy a little shack. Then keep working, fix up your shack, and trade up for a nicer home. Then eventually, leverage the value of that trade-up home to buy a second property. Rinse and repeat. The reality is that nobody is going to build those homes unless someone is willing to buy them. And rent is currently cheaper than buying. So, do you think the builder is immoral also because he won’t build and sell homes at a loss. If so, why do you think you’re entitled to work your own job for a profit. You put your labor out there and capitalize on it. You’d gladly accept the appreciation if you had a rare Pokémon card. Why shouldn’t someone else be able to do the same with a piece of real estate?
@@vinopacino2423 bingo
@@NoFlightPlan not reading all that but congrats?
So how money should be printed that it doesn't cause inflation? The amount of money printed should be backed by gold? The amount of money printed should be equal to goods and services produced?
We should use Bitcoin because it can't be printed. I believe I explained at the end.
@@rajatsonifinance Still watching it
BTC > 🏡 , with BTC I don’t need to own 9 homes
Exactly 👏🏼👏🏼 just own the Bitcoin
My sister is in real estate. I try to explain this to her. I have not seen the priced in bitcon site.
Definitely will help her over the long term
❤ THX
🤝🏼
Bro you are so smart i dont do youtube but ive been trying to get others to understand this. Bitcoin will force people to get rid of everything they dont truly need. People with 1000s of home that hold them for investment purposes, will eventually sell all but the two or 3 they live in…
This is exactly it. When people figure it out, they will sell everything they don't need to get to whatever goal they set. Eg. If 1 Bitcoin is $300K and they have 2 rental properties with $300k in equity? You know they're going to get rid of the extra. Going to bring home prices down like crazy in terms of Bitcoin.
@@rajatsonifinance it will bring the price of just about everything we gambled on and looked at as investment. Any kind of collectables including old cars, new cars, shoes, trading cards. Just about Everything in the world besides bitcoin is abundant. Its scarcity is only artificial
@@rajatsonifinance it will bring the price of just about everything we gambled on and looked at as investment down. Any kind of collectables including old cars, new cars, shoes, trading cards. Just about Everything in the world besides bitcoin is abundant. Its scarcity is only artificial. Bitcoins scarcity is finite and real
His thesis is correct, but until bitcoin passes 150k with real durability-real estate investors are in no way going to see it as an alternative storer of value
To be honest, I don't think they'll see it until it goes to a million dollars or more
@@rajatsonifinance another good show! This topic of real estate v Bitcoin is near and dear to our household and family, as many of them own rentals. My father has several that are long paid off, hence they generate income. Others are basically paying a mortgage and have little to no real profit after expenses. Their sole hope is appreciation, which seems dubious these days. The wife is very much into bitcoin. The father thinks it’s a complete joke. The idea of something being 64k one day and 52k the next isn’t something he can accept. We started buying in the mid 30s and bought all the way up and held all the way down.
However, until there is some real durability, most of my friends with money will be on the sidelines
I agree but with real estate you have 5x leverage
I mentioned this in the video; even WITH leverage, you get a smaller return with RE than you get with Bitcoin
Bitcoin is my shmuck insurance (as in I'm the shmuck). Even being successful in commercial real estate, there is a high likelihood that I'm not as smart as I would wish to be true. There is a large element of luck that has played a factor. At some point I may be priced out by large REIT's. I may make a mistake in my valuation and pay too much for a property. I might be out competed. I may lose my health or motivation. The fundamental nature of the business may change, and I may just not understand what it takes to be successful anymore. Bitcoin is the crystallization of time and energy for whatever brief period of my life that I was successful even though I may not have fully understood why. It gives me optionality for the future: the ability to change slowly and intentionally, not out of desperation.
Great breakdown!
Bitcoin is a superior asset and an excellent store of value over time. It’s pure and can last forever and will not have any half life like real estate. It’s scarce and desirable and it’s not limited by geographic location. Real estate can produce cash flow but eventually it’s fiat cash flow which is designed to debase over time. Holding bitcoin seems a rational and logical decision for personal finance.
Exactly. Well said.
The only scenario I can imagine buying housing to be useful is for generating fiat income to further stack Sats
Edit: And also to pay for your day to day expenses, so you never have to sell Sats
I’ve never lost in real estate and have been able to compound via income stream with other people’s money. Comparison is shit
You don't understand math and that's okay.
@@rajatsonifinance that’s hilarious 😂….lmao. you have no idea who you’re talking to. 😂 🤣 It’s true…be humble, the comparison is really poor. Alpha to Beta risk correlation is not even a blip on a dot map…not even in the slightest. It’s just really really bad math on you.
Did the CFA people tell you to take down your certs off the wall? Super lame, love your content. But I always like to play Devil's Advocate, as I'm still trying to answer the questions of BTC skeptics.
They didn't, I removed them because the light I was using was causing a glare on the frame 🤣🤣 they haven't mentioned youtube
Toniosmith
Real estate is a consumer product. It shouldn't be seen as a long term investment but it is because our monetary system is so screwed up.
I hope to see this get fixed in my life time but who knows. I'm in my early 30s.
Exactly! Anyone saving in Bitcoin is already seeing it.
25:00
?
@@rajatsonifinance it's my personal time stamp have to resume from there
Bitcoin is not better strictly in terms of total marketcap. You evangelize btc which i applaud but the title is misleading currently in 2024. Properties will always be in demand worldwide & has more utility. Btc right now cannot level up to real estate.
Title is misleading I agree. Bitcoin is WAYYYYY better.
@@rajatsonifinanceI see Bitcoin handling all my problems. Buying more bitcoin, insurance, living on it. We’re in the beginning.
@@tonydawson8908 What do you mean by insurance? As in, BTC is your insurance against the future, or something else?
You can’t live in your Bitcoin
You can when the prices of everything fall compared to bitcoin. You can when a house that costs 4 bitcoin is 1 bitcoin 4 years later. And then half a bitcoin, and then a quarter of a bitcoin. You will be able to do a lot with your bitcoin down the track, including buy somewhere to live, maybe even outright depending how much you stacked.
Utility doesn't mean anything. We NEED oxygen to survive but it's free.
Agreed. Bitcoin is the best savings tool meaning you'll be able to buy whatever the hell you want with it as the purchasing power rises (instead of falling like fiat)
Live on Bitcoin, not in it. I can move anywhere in the world and never run out of money when I live on the Bitcoin standard. If my net worth is tied down to a house, I'm stuck to a geographical location. If we go to war, it be impossible to liquidate the house in time before it gets bombed. With Bitcoin I can move my wealth anywhere and anytime.
What a silly thing to say.
Stocks are marginal and liquid/ stocks r better
No they're not. They have so much more risk.
@@rajatsonifinance
It’s a long term asset/ borrow off the principal 4 ever rinse and repeat