Fidelity Digital Assets reports that home prices in the United States in dollars have risen by more than $100,000 since 2020.
But their cost in Bitcoin (BTC) has dropped to roughly one-tenth of what it was
As per Fidelity’s analysis, a typical U.S. house has fallen from costing more than 50 BTC to about 5 BTC over that stretch. Bitcoin, as of press time, was trading at $64,435, which means in terms of Bitcoin value, the cost has dropped from $3,221,750 to $322,175. Fidelity’s Zack Wainwright argues the shift reflects currency debasement rather than genuine asset appreciation, since the issue lies with the unit of account rather than the asset itself.
Debasement means a currency loses purchasing power over time, usually from money-supply expansion or inflation, so the same dollar buys less. How the real estate-Bitcoin hybrid actually works Real estate investor Grant Cardone has seized on that framing. “Fidelity Digital Assets reports U.S. homes up $100k since 2020. When priced against bitcoin, the cost of homes declined 10x,” Cardone posted.