Legendary trader Peter Brandt suggests U.S. homes could be cheaper when priced in Bitcoin.

From Investing.com

August 23, 2024 3:00:26 pm:

Renowned trader Peter Brandt predicts that U.S. home prices could hit historical lows in relation to gold. He suggests that housing prices would be notably lower if expressed in Bitcoin instead of gold or fiat currencies, sparking debate on Bitcoin as a value benchmark. Brandt argues that homes priced in BTC appear cheaper due to its 10-year appreciation.

Brandt’s claim underscores the affordability of homes when viewed through the lens of Bitcoin as a digital store of value. Despite Bitcoin’s potential to replace traditional currency standards, its volatility raises concerns when using it as a metric to price real estate. The idea of Bitcoin as a global standard for real estate valuation remains theoretical due to limited transaction acceptance and regulatory uncertainty.

Read more at Investing.com: Legendary Trader Peter Brandt Makes Unexpected Bitcoin (BTC) Revelation By U.Today