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Bitcoin pricing highlights long-term inflation hedge debate in U.S. housing
As reported by CoinDesk, Fidelity Digital Assets says a typical U.S. house has gained more than $100,000 since 2020 when measured in dollars, but the same property has fallen from costing more than 50 BTC to about 5 BTC when priced in bitcoin. That comparison is being used to argue that part of the apparent rise in housing values reflects dollar debasement rather than a dramatic change in the asset itself. Zack Wainwright, a digital asset research analyst at Fidelity, says the issue lies with the unit of account, not the asset, adding that bitcoin's fixed supply and transparent issuance make it a neutral yardstick ... (full story)
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