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'Hate' is a strong word. Fact is, there are people out there with lots of money that needs to be 'parked' somewhere. Enough has been said about real estate boom
by epx 6y ago
'Hate' is a strong word. Fact is, there are people out there with lots of money that needs to be 'parked' somewhere. Enough has been said about real estate boom caused by empty houses being bought by Chinese while the locals can't make rent. If Bitcoin absorbs this kind of surplus money, it is kind of positive. But all bubbles eventually burst.
- javert 6y agoInvestment money pours into real estate because the financial system is broken. Hopefully bitcoin will help fix that.