Why Nostr? What is Njump?
2025-04-21 21:09:55
in reply to

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.
Author Public Key
npub164t6yr5epsmwxj2pwk9c759qt59ps4hx84tgr30j6alkdfc7h35s6p344c