Why would any sane person invest in real estate? You have maintenance costs, property taxes, it's not liquid and you can go years with little growth. Not to mention if your area see's hard economic times (i.e. Detroit), the chance of a rebound is slim.
You also ignore the premise being put forth, that Bitcoin as a currency still isn't ideal. You don't think "long term investment" with currency so much as short to medium term. Like, will bread and milk cost 10x as much next week?
"Stop thinking investment and start thinking survival" might be a good way to put it.
Nassim Taleb disagrees: https://youtu.be/dLOeBSaq-Ps
I bet the CoinGeek conference audience were stunned by his keynote talk because Taleb used to be a supporter.
At the same time, hedging against inflation is hard. The things you suggested come with their own risks.
I think a future in which crypto becomes stable due increased adoption is possible, and in that future it will be a good hedge.
Does that logic applies in China? Are real state or equities a protection from volatility on a self proclaimed communist country? What about South America, Lebanon or Turkey?
The incontestable precious and invaluable wisdom of the hacker news poster who potentially lives on US California or some rich western country on a comfortably fat salary.
Every. single. time.