Since 1980 in the UK: • Average house prices have risen roughly ~10× (≈1000%+) • Wages have risen far less, and affordability has worsened dramatically (estimates state 400-500%) This is not a housing story. It is a money story. Credit @PeterMcCormack This is inflation. Inflation is not “prices going up”. It is money being debased. Those closest to the money printer win. Those paid last, in wages, lose. Inflation does not hit everyone equally. It destroys cash and labour. It rewards scarce assets held over time. If you owned assets, inflation worked for you. If you sold your time, it worked against you. Property became the inflation sponge of the last 40 years. Cheap credit + monetary expansion + planning constraints = asset prices absorbing debasement. House prices rose because money fell. Wages are capped, negotiated and politically managed. Assets are not. So inflation leaks into houses, equities, land and now Bitcoin, not payslips. The outcome? One of the largest wealth transfers in UK history, hidden in plain sight. From workers and savers to asset holders and leveraged borrowers. Boomers were not “lucky”. They were long assets during monetary expansion. Millennials are short assets and long labour in a debasing system. This is the uncomfortable truth: You cannot save your way out of inflation. Cash is a melting ice cube. To survive inflation, you must own something the system cannot print. Property did that imperfectly. Bitcoin does it natively. Bitcoin is not an investment thesis. It is a monetary escape hatch. Fixed supply. No debasement. No central control. Inflation is not broken. Bitcoin is the response.