4 ms·

Any property you hold is gambling to a certain degree, if you buy a house you gamble that the society you bought it in will provide security for it and based on

Any property you hold is gambling to a certain degree, if you buy a house you gamble that the society you bought it in will provide security for it and based on the laws of that society you will be able to keep it. You gamble your property tax won't jump 50% or that police will stop rioters from stealing from it. I admit it is a much smaller gamble than bitcoin but it is still a gamble. Holding your savings in $ is a bigger gamble than buying a house and some would argue it is a bigger gamble than holding bitcoin.

croon 5y ago
> Any property you hold is gambling to a certain degree The degrees are what separates milk from butter, or a paper box from a house. That is the entire point. If you ignore the degrees to which something is different from another, then sure, everything is everything else. > Holding your savings in $ is a bigger gamble than buying a house and some would argue it is a bigger gamble than holding bitcoin. Perhaps, I'm not one of them. Time will tell.