Ever thought of
#bitcoin
as digital real estate? Here's a simple take on it. 👇
Just like owning a piece of prime real estate in a bustling city lets you tap into the city's economic growth, holding
#bitcoin
is like having a stake in the internet of value (the world's digital…
@leonwankum
Wouldn't the network be below the currency? If I'm using a custodian, they're using the currency to facilitate a service while using the network
@xrpmasterplan
#RealEstate
is not so valuable because of its cash flow, but because it is used as a store of value.
Since the value of real estate is defined via their value storage function, the comparison is appropriate.
@leonwankum
Although I like this chart very much, it is not entirely correct. Bitcoin protocol layer is originally also based on TCP/IP in order to broadcast transactions. Sth to keep in mind.
The analogy between
#Bitcoin
and real estate, particularly in terms of their inherent scarcity and value, is quite compelling. Just as real estate's value is bolstered by the finite nature of land, Bitcoin's worth is underpinned by its limited supply — a hard cap of 21 million…