Quoted from Black_Knight:And with 7-8% inflation you are losing money every day. But at least it’s better than your mattress.
Bitcoin price has very little to do in relation to luxury cars compared to tax rate, interest rates, and stock market growth.
Such a small number of people are in that market to start with and only a fraction of those actually made real money.
Serious, wealthy investors who buy luxury cars generally don’t get sucked into crypto in a way that alters their spending.
There is no way to calculate the intrinsic value of cash.
Example if you had cash to buy stressed real estate when needed.