travkohn on Nostr: So therefore real estate is really the backbone of the global financial system now ...
So therefore real estate is really the backbone of the global financial system now whereas gold used to be the backbone of money.
This is a problem because it's not a good form of collateral.
Bitcoin works as a much better form of collateral and I like the idea of dual collateralization of Bitcoin and real.estate.
Bitcoin slowly fullfils the role real estate did which is a real role of money.
There will be different currency systems both public and nation state and private.
Published at
2025-04-21 21:09:55Event JSON
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"content": "So therefore real estate is really the backbone of the global financial system now whereas gold used to be the backbone of money.\nThis is a problem because it's not a good form of collateral.\nBitcoin works as a much better form of collateral and I like the idea of dual collateralization of Bitcoin and real.estate.\nBitcoin slowly fullfils the role real estate did which is a real role of money.\nThere will be different currency systems both public and nation state and private. ",
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