Graham Stephan just accidentally made the case for Bitcoin while selling his entire real estate empire.
His portfolio is "hitting all-time highs."
But he's selling everything.
Why?
Because he finally ran the real numbers:
-Insurance is up 50% YoY
-Property taxes are up 20%+
-Real inflation is eating him alive
-His "4.5% yield" is negative in real terms
The saddest part? He thinks his "property values have appreciated."
The numbers show that's not even true.
Average price of a U.S. home:
2013: 360 BTC
2017: 23 BTC
2021: 8.4 BTC
2025: 4.2 BTC
And guess what? The index funds Graham is fleeing into have performed the same:
Price of the S&P 500:
2013: 1.97 BTC
2017: 0.16 BTC
2021: 0.08 BTC
2025: 0.06 BTC
The case for Bitcoin is obvious.
-No insurance premiums
-No maintenance costs
-No counterparty risk
-No geographic risk
-No property taxes
-No tenant risk
AND
-24/7 liquidity
-Zero inflation
-Verifiable supply
-Perfect divisibility
-No physical burdens
-No central corruption
-Censorship-resistant
-Open-source protocol
-Secured by the most powerful computer network in human history
I wonder why it's the best performing asset of all-time.
This isn't about dunking on Graham. He actually ran the numbers and admitted the math is broken.
But there's one more step in the analysis...
Why did Graham need to put his money in real estate in the first place?
Because the Dollar is broken. If you hold it, you become poor.
So Graham bought real estate, an asset that's more scarce than the Dollar and something (shelter) that everybody needs.
But real estate denominated in the Dollar isn't working, so he's moving to a diversified portfolio of index funds denominated in the Dollar.
Do you see?
He's not actually fixing his problem.
The disease is broken money.
Graham still has the disease. He just moved it from his stomach to his liver.
The solution to money is the only real cure.
Then you realize, the solution to money is the most valuable asset possible.
Then you change the denominator to that money.
And then it becomes even more obvious.
The Fed ends QT and Bitcoin dumps?
The real scam has nothing to do with price.
Banks literally type money out of thin air!
And here's exactly how - bookmark it.
(12 min of skating so you donโt fall asleep)
@CryptoJebb First pray.
Then I would call every heart hospital within a days drive for at least a portable ekg machine that she could record any events in real time so the doctors could have real data and you all could still have a quasi normal home life. * not medical advice *