All Forum Posts by: Matt R.

 I hear ya. The copy part idk if it is possible to copy the liquidity in the 100s of billions of dollars. The code part is easier to copy but without the liquidity its meaningless. We are still early in the game so some are speculating on that part or some are speculating as inflation hedge or some just hold to collect the compounding interest. To sell now for USD alone idk if it makes a ton of sense unless taking profits off table to put somewhere else other than USD. Part of the picture for bitcoin is to hedge for what is happening to everyones dollars right now. Either way tons sell billions worth everyday. Crypto profits are already taxed just like everything else at this point. There is no pass on the taxes. However one could take a loan out on it and not pay taxes is what some seem to do. Good luck!

You might realize by now bitcoin tends to extra punish sideliners. $100k bitcoin by Dec is on average how this goes down next which is 1000% since post. However selling some now for 650% is hard to pass on too. Good luck! 

Every so often over the years I have taken a temp check on bitcoin with what we can assume are 99% REI folks. Wanted to check to see if anyone is actually using bitcoin/crypto in their real estate ventures. Previous posts I would get some of the I would rather rent to crack head type answers than take bitcoin for rent but that seems to be slowly fading. Recently the ETF was approved so more larger investors are coming in soon we can assume.

Are you thinking of using/buying bitcoin and or use in any REI capacity? If so how? For example like one BPer who uses spare room to mine bitcoin. I think it covers the mortgage or a portion.

thanks and good luck! 

RK is usually a click bait dealio. Silver 10 year down 28%. Gold 10 year up 6%. Factor for inflation and opportunity cost I guess it lost money. Not sure there is much more real estate other than borderline hood stuff that is still under after 10 years. Bitcoin is a forgettaboutit calculator breaking if we are talking % returns. 230% annually compounded or 20,000,000%. Yikes. 

I hear ya, definitely the tax man is coming. Today 55% of the worlds top 100 banks own bitcoin so maybe not chinese communist style regulations coming. 

As far as the mining and using payments etc, most the payment stuff today does not require mining so off bitcoin network as far as that goes. I guess that payment part quickly evolved more than some might realize.  Btc would only be used for the larger purchases today, not the cup of coffee stuff at this junction anyways. But new taxes coming is expected. I would say the space it is still very risky however one slices it. 

The total banning in the western world does not look very likely still. Its is easily farther along than legal weed at least. 

Big Bear was probably 20 years ahead of the str curve with all the reasonable regulations that keep the hood in order. Vrbo might be better or as good as abnb just speculating there as I rent Bbear off vrbo. So i guess use both. Good luck!

 Cool and I hear ya. Defi staking requires a certain level of applied knowledge to minimize 3rd party risk. Definitely not a whole bag deal. 

As far as numbers go it appears defi could earn upto 50% less vs mining on a monthly basis. Sort of anyways as you have to account for the defi principle being liquid somehow. And add variables it could be 10% or 90% monthly depending. 

I almost want to do an 3 year experiment 18k mining vs 18k defi. The defi is compounding daily or hourly in some cases. I guess the mining is not compounding although the new mining funds could be allocated to be compounded. 

I did well on the btc mining stocks. So there is that angle for comparison too I guess. None of these are either or we can understand. 

Lastly, how loud are the miners? Like a vacuum cleaner loud or? 

I like the idea and also the heating house part from the other poster.  I wonder how the numbers and effort would compare to some defi staking. Are you saying the all in is 18k? 

How was the response on the adu? Awhile back I helped a friend do a fb marketplace for his adu. It was rather insane responding to hundreds of inquiries.  Just curious. 

Probably most have or want both is the reality. Perhaps some have to consider a 3rd leg today in that now 55% of the worlds top banks also have bitcoin.