This Ultra-Modern Beverly Hills Mansion Can Be Yours for 1,000 Bitcoins—or $65 Million

https://robbreport.com/shelter/new-...s-for-1000-bitcoins-or-65-million-1234607157/

 

You mean for less than 56 million.

 

So if the builder sold the home for 1000 BTC three days ago, he is now down 9 million bux.
But that is OK, because he still has 1,000 BTC, which will always and forever be worth 1,000 BTC.

If BTC converted to USD goes down to $1, he will still have 1,000 BTC! That's a real benefit!

BTC, the way of the future!

 

But the price of BTC is going to $100K very soon.

So if you bought that house with bitcoin you will have lost $35 million, compared to had you waited a few months and then bought something similar.

And we all the know the price is going to over $1 million per bitcoin in a few years.
So you really stand to lose a $1 Billion on the deal if you buy with bitcoin today.

 

But you will still have 1,000 BTC. So what is the problem?

 

You were talking about the seller, who gets the bitcoins, i am taking about the buyer who hands over his bitcoins.

He is going to lose $1 Billion because the price is going to $1million per coin.

 

That's at least the math that @zenlot and @johnarb live by. They say everyone else who does not subscribe to the mantra exhibits gaps of knowledge.

 

But the buyer has a house worth 1,000 BTC.

 

At todays prices.

But he didn't HODL. So will leave $1 Billion on the table if he converts his 1,000 bitcoins into a house.

 

IOW... you could NEVER afford to buy the house with BTC!