leonwankum
Leon

linktr.ee/leonwankum

Bitcoin. Real Estate. Philosophy & Ethics. Proof of Work. Newsletter: leonwankum.substack.com

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npub1v5k43t905yz6lpr4crlgq2d99e7ahsehk27eex9mz7s3rhzvmesqum8rd9

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@leonwankum@BitcoinNostr.com

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snappycollar55@walletofsatoshi.com

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Last Notes

2024-10-16 17:03:12

https://www.tftc.io/bitcoin-real-estate/

2024-10-08 16:22:35

Bitcoin is not the best money due to its unique monetary characteristics, but because the increase or decrease of its supply is independent of any orders issued by political powers.

2024-10-07 15:36:45

The table below is from my presentation about the 'role of bitcoin as collateral in real estate financing' in Prague.
It underscores bitcoin’s significance and superiority as an emerging store of value. For us Bitcoiners, this is obvious, but you can use this table for your Normie friends. It contains a complete list of all the variables known to me.
Bitcoin is absolutely finite in supply, easy to access and relatively cheap to store. Hard to tax, confiscate or destroy and highly liquid. It appears the actual appeal of #realestate as an investment lies largely in accessible financing and its ability to generate cash-flow, thereby facilitating easier debt repayment.
https://m.primal.net/LNrj.jpg

2024-09-12 16:37:47

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s/o @npub1f48…xpke 👊

2024-09-12 16:32:14

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Naw-Stör (German Version) 😎

2024-09-12 10:43:39

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👏👏

2024-09-12 10:42:48

New pod w @npub1s5y…6q7z
https://youtu.be/NAmuZLQgvhE?si=2XSjvZ57aEvekHAU

2024-09-09 10:26:47

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Welcome to the other side 😉
Good to have you here!

2024-09-06 08:27:12

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It is time for strong men to stand up.

2024-09-06 08:12:52

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Me too. They will come. 😎

2024-09-05 18:23:51

It's always a great feeling to send bitcoin to a Bitcoiner.

2024-09-05 16:58:43

Just discovered the 18-year property cycle from a friend, and it seems quite accurate given the current real estate market trends.
2008-2015: Recovery Phase
2015-2021: Boom
2022 (Year 14): Recession Phase
This would mean that the real estate market should recover nominally from 2026. Of course, the price decline of real estate in bitcoin continues. What are your thoughts? #realestate
https://propertygeek.net/article/the-18-year-property-cycle/

2024-09-01 17:22:36

Cashu still blows my mind.

2024-09-01 16:58:36

Nostr empowers market participants to successfully collaborate outside the control of any central authority, leading to the emergence of a free market not seen in over a century.

2024-08-12 09:35:06

Bitcoin and Housing: A Path to Affordability II
Landlords can capitalize on bitcoin's price appreciation, which acts as an inflation hedge, rather than solely relying on increasing rents to offset higher construction and maintenance costs due to monetary inflation. This ultimately benefits consumers, who have been particularly burdened by rising housing costs.
A phenomenon of the fiat system is the use of real estate as a speculative investment vehicle, to hedge against monetary inflation. This has many negative consequences for society. Most noticeably, it drives up the cost of living significantly. By integrating bitcoin into their financial strategy, real estate developers can maintain affordability for tenants while also benefiting from bitcoin's potential to hedge against inflation.
This approach reduces reliance on increasing rental income, helping to stabilize rent prices and ultimately benefiting tenants. This is another example of how Bitcoin can help improve everyone's standard of living. #realestate #housing

2024-08-09 00:23:39

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Thank you 🙏

2024-08-08 19:32:49

My new newsletter about real estate refinancing and the economics of using leverage when buying bitcoin is out! 🧡
PS: This chapter will be part of my upcoming book "DIGITAL REAL ESTATE". I would be happy about feedback. If you discover errors or things that seem illogical to you, please get in touch.
https://leonwankum.substack.com/p/real-estate-refinancing-to-buy-bitcoin

2024-07-24 14:52:11

This is an interesting talk. I also think that the Internet is less exciting for creatives and consumers today. However, it misses the crucial aspects of Bitcoin and, most importantly, Nostr.
When will the leading platforms for independent creatives recognize the potential of Bitcoin, Value4Value, and Nostr?
https://www.youtube.com/watch?v=hwn6-8XpIuE

2024-07-02 14:17:18

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Real estate's high valuation reflects the debasement of fiat currency.
CAGR M2 since 1971: 6.8%
CAGR Housing since 1971: 5.7%
CAGR Commercial RE since 1971: 4.4%
Anyone who denies a correlation between the nominal value of real estate and the devaluation of fiat value is denying reality.
But I guess most people like to do that ... :)
https://m.primal.net/IoQI.png

2024-06-27 13:03:08

Integrating #Bitcoin into Real Estate Development Financing:
Inflation severely devalues fiat currencies and erodes purchasing power. Initially, this scenario benefits the real estate sector as people invest in properties to outperform inflation, thus increasing its nominal value. Besides, inflation decreases the real cost of debt incurred to develop or purchase real estate over time, temporarily benefiting property owners.
However, in the long term, inflation negatively affects the real estate industry due to soaring construction and maintenance costs, and the diminishing value of income generated from properties. This dual impact underscores the need for an alternative strategy, such as incorporating bitcoin into credit products to hedge against the negative consequences of inflation.
My proposition is to integrate the purchase of bitcoin into real estate development financing. Allocating a portion of a loan, say 10%, to purchase bitcoin allows real estate developers to build a healthy capital base through the appreciation of bitcoin, which can be leveraged to fund maintenance, further construction, buying bitcoin or other development endeavors.
By integrating the purchase of bitcoin as part of a credit line, particularly in the inherently debt-intensive real estate sector, developers can enhance their financial resilience. This setup provides a robust financial strategy that enhances the company’s ability to navigate economic uncertainties and capitalize on the long-term appreciation of bitcoin.
It also allows developers to to hedge against the risk of real estate losing its status as humanity's primary store of value. Bitcoin offers a near-perfect digital alternative that is easier to access and cheaper to store and maintain. This strategy prepares real estate developers for a potential shift towards a Bitcoin standard, where real estate may no longer dominate, while reaping the benefits of both asset classes: real estate's cash flow and bitcoin's price appreciation. This approach can enable the private sector to become more independent of the state and thrive even amidst harsh inflationary conditions.
If you want to know what a Bitcoin-enriched #realestate loan could look like, check out my more detailed example here: https://leonwankum.substack.com/p/bitcoins-role-as-collateral-in-real

2024-06-25 08:23:03

GM 🌞
https://m.primal.net/IxKP.jpg

2024-06-20 06:48:29

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It really was :) glad to see @npub1npl…49zt here as well. 👏👏

2024-06-17 18:08:46

Bitcoin and Real Estate: How bitcoin is revolutionizing the world's largest asset class. 👇
I am thrilled by the positive feedback on my talk at @npub167n…zu3r! 🌟 Find the slides in the thread below. A specialt hanks to @npub1lpj…zg4m & Diarie (we'll get him on Nostr) who helped me build this presentation. Stay tuned for the video release. 🧵 1/19https://m.primal.net/IoPo.png
(2/19) After learning about Bitcoin in University, I started working in the realestate industry, which allowed me to understand two things:
1. How broken our monetary system is
2. The potential of bitcoin as a superior store of value to real estate. https://m.primal.net/IoPq.png
(3/19) Today, real estate is the number one store of value. Depending on your view on fiat money and debt, up to ⅓ - ⅔ of the world's wealth is stored in real estate. What created #realestate’s role as the world's number store of value ? https://m.primal.net/IoPs.png
(4/19) This development coincided with the “Nixon shock” on August 15, 1971, when US President Richard Nixon announced that the US would end the convertibility of the dollar into gold at a fixed rate. This ushered in a new era of fiat-money, with no currency standard at all. Since then, monetary inflation rates have risen steadily. This has created the use of reale state as the most important inflation hedge (&SoV) in the market. https://m.primal.net/IoPu.png
(5/19) The role of #realestate as an inflation hedge becomes clear when we compare the growth rates of the monetary supply and #realestate prices since 1971.
M2 money supply, which broadly reflects the spectrum of funds available for saving, spending, and investment, has been growing exponentially, with a compound annual growth rate (CAGR) of approximately 6.8%. https://m.primal.net/IoPx.png
(6/19) When we examine the development of the average price of a #home sold in the US, we observe a very similar pattern: the average sales price of #houses has risen at a compound annual growth rate (CAGR) of 5.7%, closely tracking the increase in the money supply. https://m.primal.net/IoQC.png
(7/19) The same trend largely applies to commercial real estate, though its growth has not been as aggressive as that of residential properties, with a compound annual growth rate (CAGR) of around 4.4%. https://m.primal.net/IoQF.png
(8/19) Laying all three graphs on top of each other reveals that real estate prices closely track the growth of the money supply. As new currency enters the market, people invest to protect their buying power. Real estate, with its scarcity and attractive financing options, became the preferred investment. Banks create new money as credit for mortgages, channeling it into real estate and inflating its nominal value. Its rise largely mirrors the debasement of fiat currency, emphasizing real estate's role as a store of value and its substantial monetary premium. https://m.primal.net/IoQI.png
(9/19) In contrary to today, throughout history, the value of land and reale state has been largely tied to its utility—whether for agriculture, living, production, or generating rental income. This trend has spanned cultures and epochs for thousands of years. Historically, real estate symbolized prosperity, often linked to its agricultural productivity and the social status and political power that came with land ownership. The elite enhanced their estates to boost agricultural output and display their wealth. However, using real estate as a form of #money to store value is a relatively recent development. https://m.primal.net/IoQM.png
(10/19) Many #realestate professionals mistakenly think real estate is a solid investment due to its intrinsic value from utility or cash flow. But this is a flawed concept— value is ultimately subjective. https://m.primal.net/IoQO.png
(11/19) #CarlMenger, a pioneer of the Austrian School of Economics and arguably an inspiration for the Cypherpunks' creation of #Bitcoin, demonstrated already in the 19th century that value is subjective. Consider a Rolex watch: its worth is not primarily a reflection of the materials or craftsmanship, but rather what someone is willing to pay for it. Similarly, real estate's high value often stems not from its utility but its use as a speculative inflation vehicle to preserve buying power against inflation. https://m.primal.net/IoQQ.png
(12/19) Comparing real estate and bitcoin shows bitcoin's clear advantages as a store of value: limited supply, high liquidity, divisibility, and ease of movement—crucial in a world with increasing conflicts. In contrast, real estate, or 'Immobile' in German (meaning immobile), creates local dependencies and is vulnerable to taxes, confiscation, or destruction. While #realestate generates cash flow, often used to service debt, it does not necessarily prove its reliability as a store of value. Instead, its rising nominal value is more a reflection of the debasement of fiat currency. Banks profit greatly by creating money, lending it, and charging interest. https://m.primal.net/IoQS.png
(13/19) In 2016, the average US home cost about 1000 bitcoin; now, it's just 10. Real estate is losing value fast compared to bitcoin. To stay competitive in real estate or any field, consider changing your unit of account to bitcoin—it's repricing the world. Like many Bitcoiners, I assess #realestate based on its utility value, and it's likely the market will soon align with this perspective. https://m.primal.net/IoQW.png
(14/19) Bitcoin, a near-perfect digital store of value, is disrupting the real estate sector, traditionally valued for its role as a store of value. By introducing digital scarcity, Bitcoin mirrors the disruptive impact of e-commerce on retail in 1995. Both real estate and bitcoin capitalize on scarcity, but bitcoin extends this concept into the digital realm, enabling exponential growth similar to how email surpassed postal services. Its digital nature allows for faster scaling and increased efficiency. Bitcoin preserves value like real estate but without its drawbacks and liabilities, positioning it as the superior store of value for the digital age. https://m.primal.net/IoQa.png
(15/19) The role of real estate as a trusted store of value and inflation hedge is slowly diminishing. Digital disruption by bitcoin is reshaping the investment landscape, as people can now default to saving in bitcoin rather than having to invest in real estate, which will push property values down to their utility value. Additionally, higher interest rates and surging construction costs have made real estate development and ownership increasingly unprofitable. Coupled with rising maintenance costs due to ESG requirements and the financial exclusion of younger generations like Millennials, Gen Z, and Gen Alpha, the real estate market is facing profound structural challenges. As digital natives, these generations are more likely to gravitate towards bitcoin as their preferred (digital) store of value, further destabilizing traditional real estate investments. https://m.primal.net/IoQc.png
(16/19) What happens as bitcoin absorbs the monetary premium from real estate? Housing becomes more affordable, benefiting individuals and families with access to reasonably priced living spaces. But this poses a challenge: How will developers survive?
While using real estate as a speculative investment has its drawbacks, the role of the private sector in constructing housing remains important. https://m.primal.net/IoQe.png
(17/19) Real estate investors face a dual challenge from rising interest rates: debts inflate, bloating the liability side of their balance sheet, while higher borrowing costs reduce affordability, depress property values, and shrink the asset side, compounding their financial strain and the challenges in the real estate market. https://m.primal.net/IoQg.png
(18/19) If you're a real estate investors, you can bring bitcoin onto the asset side of your balance sheet to hedge against the shift of the monetary premium from real estate to bitcoin, and create a more resilient business structure. Bitcoin is not just disrupting the real estate sector; it represents a significant business opportunity. IMO, it's not about choosing one asset over the other, but using both strategically in proper sequence to build wealth and a resilient portfolio over time. Even on a Bitcoin standard, the utility value of housing remains vital—people still need places to live and conduct business, making real estate a crucial service to the market that generates rental income. https://m.primal.net/IoQi.png
(19/19) Explore these effective bitcoin strategies I've developed to enhance #realestate investment:
Maintenance Reserves: Safeguard cash flow by potentially taking/converting rent in BTC.
Buy to Hedge: Diversify by converting real estate profits into bitcoin.
Refinance: As speculation shifts from real estate to bitcoin, secure your profits and future by refinancing to buy bitcoin. Note: Be cautious of high interest rates.
Utilize Bitcoin: Bitcoin is pristine collateral for lending and the accumulation of bitcoin, for example through rental income or through the sale of real estate to buy bitcoin, provides a company with a new novel capital base to finance operations or further investments.
Incorporate Bitcoin in Financing: Boost creditworthiness and hedge against defaults by using #bitcoin as collateral in #realestate development.
Managing bitcoin custody properly is crucial—consider multisignature setups or multi-custodial solutions to ensure security ('not your keys, not your coins'). https://m.primal.net/IoQm.png
I would like to thank you for your attention and @npub167n…zu3r for the invitation. What a great event! Well done. My publications on Bitcoin and Real estate can be found in my bio.

2024-06-07 15:34:11

My article about Nostr, innovation, communication, and the role that Nostrocket can play in facilitating collaboration is featured in the latest "Cypherpunk" edition of the EINUNZWANZIG Magazine.
A big thank you to everyone involved in making this release possible. 💜 Limited copies are still available in the @npub1qv0…ujnc Shop!
@npub1myg…sn5p @npub1z77…09sr @npub1ark…h43w @npub17fq…nr8y
https://einundzwanzig.shop
https://m.primal.net/IcEq.jpg
https://m.primal.net/IcEr.png

2024-06-06 17:18:47

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Do you guys ship to Europe at all ?

2024-06-06 17:13:07

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This is dope! 👏👏

2024-06-04 12:24:40

Bitcoin has taught me to respect other people's time because it has allowed me to value my own time.

2024-06-03 08:00:01

I am really looking forward to speaking at the Baltic Honeybadger in Riga. #note189q…g6mv

2024-06-02 19:57:55

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Could it be misunderstood @npub14j7…gtpf ? I’ll go ahead and change it then!

2024-06-02 17:22:19

The 21st edition of The Bitcoin Newsletter “The Need To Protect Individual Freedom” is out. Link in bio. 🧡
https://leonawankum.substack.com/p/the-need-to-protect-individual-freedom

2024-06-02 11:54:27

Spending is more than consuming; it also involves understanding the intention behind each transaction. Money and value are fundamental to human development and have unfortunately been demonized by an inflationary system.

2024-05-30 18:42:25

"The Need To Protect Individual Freedom"
The 21st edition of my newsletter is out.
#note15mu…5zpy

2024-05-30 10:32:23

Events that have unfolded over the last few weeks have demonstrated why Bitcoin exists: Increasing centralization and the exercise of power by a few that have negative consequences for everyone.
In view of increasingly questionable political decisions and social movements that are taking on totalitarian characteristics, it is becoming increasingly important to protect individual freedom.
In the 21st edition of #TheBitcoinNewsletter ‘The Need To Protect Individual Freedom’ I address why I found Bitcoin and why it is important to all of us.
https://leonawankum.substack.com/p/the-need-to-protect-individual-freedom

2024-05-28 13:36:32

In an interview with Andrew Kamsky I provided some insights into the comparative value of #realestate versus bitcoin as a store of value and the potential future interaction of both asset classes. Andrew has done a great job in putting this together! 🌞
https://www.ccn.com/education/crypto/real-estate-vs-bitcoin-a-comparative-analysis-with-leon-wankum/ #note1r5d…0mfr

2024-05-28 13:29:50

In an interview with Andrew Kamsky I provided some insights into the comparative value of #real estate versus bitcoin as a store of value and the potential future interaction of both asset classes. Andrew has done a great job in putting this together!
https://www.ccn.com/education/crypto/real-estate-vs-bitcoin-a-comparative-analysis-with-leon-wankum/

2024-05-24 08:34:43

“Thinking is difficult. That's why most people judge” — Carl Jung

2024-05-22 14:04:41

In my latest piece for @npub1t8a…56yu "Dismantling the cash-flow narrative: real estate vs. bitcoin" I debunk the myth of intrinsic value and illustrate why cash flow does not directly impact an asset's capacity to serve as a reliable store of value.
#realestate #bitcoin
https://bitcoinmagazine.com/markets/dismantling-the-cash-flow-narrative-real-estate-vs-bitcoin

2024-05-22 10:16:54

„The difference between those who fail and those who succeed is their courage to act repeatedly“— @npub10wv…v22x
https://carlbmenger.substack.com/p/joy-of-compounding

2024-05-07 16:39:03

Whether we want to or not, we are all part of the great historical struggle to create a society worth living in.

2024-05-07 08:35:52

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👏👏

2024-05-05 09:09:32

You can find my article „Nipsey Hussle: Pioneer of Bitcoin's Cultural Revolution“ on BBB.
https://www.blackbitcoinbillionaire.com/nipsey-hussle-pioneer-of-bitcoins-cultural-revolution/ #note1ce0…nzwp

2024-05-05 09:07:59

G*d will rise. #NipseyHussle
https://youtu.be/Rs95p3BhdEc?si=HLrb6CtQJRb-XmOb

2024-04-11 13:25:01

Just like owning a piece of prime real estate in a bustling city lets you tap into the city's economic growth, holding bitcoin is like having a stake in the world's digital economy. Unlike real estate, no one can easily take bitcoin away from you.
https://bitcoinmagazine.com/business/why-bitcoin-is-digital-real-estate

2024-04-08 14:23:02

I really enjoyed this conversation with @npub1hgh…fyz2 on education, family values, stacking & #realestate.
Thank you for having me. 🙏
https://fountain.fm/episode/PG8qZJHy87WYEoJOOsPy

2024-04-03 08:43:39

In the 19th edition of The Bitcoin Newsletter, I share with you a research paper that I wrote over the course of 12 months between early 2022 and late 2023.
In-depth I conducted a comparative analysis of the capabilities of the most widely utilized assets to preserve wealth in today's financial landscape: mainly #gold,
#bonds, #realestate, and #stocks, in contrast to bitcoin. The aim was to gain insights into why previous assets underperform in this regard and why bitcoin is emerging as a much more efficient means of storing wealth over space and time. I am delighted to finally share this research paper with you.
This research gave us the “final push” to introduce a Bitcoin standard in our company, which traditionally operates in the real estate sector.
https://leonawankum.substack.com/p/why-bitcoin-is-the-ultimate-technology

2024-03-31 05:22:30

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Word. 🙏 #nevent1q…afmw

2024-03-27 23:51:39

🌘
https://m.primal.net/Howj.jpg

2024-03-14 01:41:46

Great event at the Bitcoin Commons on Bitcoin & building culture.
#BitcoinUrbanism #realestate #housing https://image.nostr.build/5801819a480dcbed58fd6adc6287092b6a9ea56c19eee37b527673d3da51b938.jpg

2024-03-13 18:18:34

#tunestr https://image.nostr.build/af8e5e1918eafad92dc2da3892d7e1c641356b21b55e851533787ff3bb9f820c.jpg

2024-03-08 01:42:55

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👏👏👏

2024-03-07 22:11:06

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Nice :) I also feel the “hedge” angle is good to get ‘Normies’ into it.
But for me (I am assuming for you also) it represents much more than that.

2024-03-07 21:23:31

Bitcoin is the mental exit from the system.
It is not an inflation hedge it is a paradigm shift.
As Bitcoin makes its way into traditional financial markets, we can expect that its issuance plan will become increasingly important to financial markets and central bank's decision less important.
It has become the basis of my work and my life. When making economic decisions, I no longer base them on interest rates from central banks or government decrees, but rather on the supply plan of Bitcoin.

2024-02-22 16:21:01

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Yes, if you take that perspective, you are absolutely right, but that perspective is based on laws created by man - property is something that belongs to one regardless of law (through a purchase, inheritance, gift or transformation of matter) - under that lens, bitcoin can never be property. But it also does not need to, what is important, is that you can control it and are not dependent on the law. Which is actually what is meant when people describe bitcoin as property. Maybe this article of mine is of interest to you: https://europeanbitcoiners.com/self-sovereignty-and-liberty-in-the-digital-age/

2024-02-22 13:38:39

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It’s actually the other way around. You own the keys but possess the bitcoin :)
Since bitcoin is digital Information that cannot be owned in the traditional sense - but owning the keys gives you absolute control over bitcoin.
Which is what you mean when you say you “own” the bitcoin. I am assuming! Right ?

2024-02-21 19:35:54

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As in “owning the keys”. Yes!

2024-02-20 14:37:08

The nature of Bitcoin as a digital asset makes it impossible to fit 1:1 into the framework of property as we know it. One can possess Bitcoin, but not truly own it in the conventional sense.
Bitcoin is not about ownership, but about cryptographic control.
Here is my take on the subject via @npub1t8a…56yu.
https://bitcoinmagazine.com/culture/bitcoin-is-a-possession-not-property

2024-02-18 17:03:20

Bitcoin is changing the investment landscape. Suddenly it's good for a company to be profitable so they can buy more bitcoin. Instead of just speculating on more growth and collected capital.

2024-02-15 15:46:27

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It absolutely was. I agree. But that is changing. I believe within a decade the idea of “houses always go up in value, it’s a safe bet” could be corrected to “houses are potential liabilities” and “Bitcoin will always go up, it’s a safe bet”.
Let’s see how it plays out!

2024-02-15 13:10:23

As a store of value, bitcoin has the capabilities of a house without the liabilities.

2024-02-13 15:41:21

It was brought to my attention that Bitcoin’s indestructibility makes it a more resilient SoV. Not a better one. Resiliency is just one feature. That's correct.
But resilience is very important in an unstable world where wealth has always been destroyed and is therefore a very important feature of an SOV. #note138h…9m0c

2024-02-13 10:10:14

Controlling the Bitcoin network would cost an attacker approx. $7.9 billion in equipment and around $2,000,0000 in energy costs per hour.
Destroying a #house is much easier.
It is obvious which is the better store of value.
The cost of the equipment ($7.9 billion) is based on a calculation that suggests the three largest pools together account for 66.87% of the network hashrate (in June 2023), a whopping 242.42 EH/s (242 million TH/ s).
An attacker would therefore need more power.
To achieve this, the attacker would need more than 941,634 S19 XP Hydros - which would mean a fixed cost of almost $7.9 billion, plus a building to house the equipment, maintenance staff, electricity and cooling etc.
The cost of the hashrate is based on an extremely simplified and unrealistic cost modeling based on the price of the SHA256 hashrate on nicehash (inspired by @npub1ac8…657s).
If someone tried to buy this much hashrate, the would rise massively, making it more costly.

2024-02-12 18:52:28

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Cool. Feel free!!!

2024-02-12 16:18:43

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Thanks. Just had a quick look at the channel. Do you know her ?
Is she data driven or more of a story teller ?

2024-02-12 16:17:11

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Thanks - I thought about something similar. Will play around with that!

2024-02-12 14:43:17

In the process of writing my book, 'Digital Real Estate,' I find myself in search of comprehensive statistical analyses that accurately determine the portion of a property's value derived from its role as a store of value.
I welcome any assistance or pointers towards resources that could shed light on that aspect of property valuation. Than you!

2024-01-30 10:07:03

Ever thought of bitcoin as digital real estate? Here's a simple take on it. 👇
Just like owning a piece of prime real estate in a bustling city lets you tap into the city's economic growth, holding bitcoin is like having a stake in the internet of value (the world's digital economy).
In #realestate, your property's value is linked to the city's economic activities – whether it's New York's finance and fashion scenes or its bustling tourism. The more the city thrives, the more valuable your property becomes.
Bitcoin works similarly but in the digital space. It's like owning a plot in the vast digital landscape. As more people and businesses use the Bitcoin network, your 'digital plot' (i.e., bitcoin) potentially grows in value. The best part? This digital plot isn't tied to any one location; it's global.
So, possessing bitcoin is like having prime real estate in the ever-expanding digital world. It's a new way to be part of the global digital economy.

2024-01-24 18:23:37

A significant portion of capital inflow into Bitcoin in the coming bull market will come from #realestate investors. Here's why 👇
1. Bitcoin is primarily seen as an alternative to gold (market cap: $10 -12 T) due to its limited supply and excellent monetary properties. In fact, however, bitcoin is a competitor to the world's most used store of value, #realestate ($330 T).
2. If you think about it, Bitcoin's characteristics reflect many of the value propositions of real estate, in addition to inherently safer custody, easier maintenance, and, most importantly, the ability to liquidate or move your wealth in times of crisis.
3. ≈ 67% of the world’s net wealth is currently stored in real estate. Given bitcoin’s vastly superior properties as a store of value, it has the potential to absorb a significant portion of the monetary premium that real estate carries as a store of value.
4. We can already observe this dynamic. While the bitcoin price is attractive due to its long-term price trend, real estate is in crisis. Driven by high interest rates and lower demand. This encourages real estate investors to buy bitcoin (see attached article).
5. I expect this trend to continue. Real estate investors understand the advantages of scarce assets in an inflationary environment. Once they realize the advantages of BTC over RE as a store of value, billions, even trillions in value will flow into #Bitcoin.
https://bitcoinmagazine.com/markets/real-estate-investors-are-flocking-to-bitcoin-in-record-numbers-says-swiss-exchange
5.

2024-01-18 18:54:00

I'm getting more and more reactions to my posts on Nostr. I feel like more people are active here than a few weeks ago ?

2024-01-18 09:43:38

Bitcoin & Real Estate – I’m working on a book. 📖
In 2012, during my philosophy studies, I heard about Bitcoin for the first time. Since 2016, I have been working full-time in the real estate industry. For a long time I thought that real estate and Bitcoin didn't have much in common. But, this is not the case.
Bitcoin and real estate are similar in many ways: hard, tangible, scarce. Scarcity has quite a lot to do with the value of things, which is why certain unique pieces of art are worth so much and why real estate in a densely populated area is more expensive than in a non-densely populated area (surferjim , 2020).
Yes, RE has utility value because people pay rent to live in it or use it for production, but the value is primarily determined by the limited supply of building land.
Bitcoin’s appeal also stems from the fact that its supply is limited. There will never be more than 21 M bitcoin.
As a store of value, real estate competes with bitcoin. The properties associated with bitcoin make it an ideal store of value.
The supply is finite, it is easily portable, divisible, durable, fungible, censorship-resistant and noncustodial. Real estate cannot compete with bitcoin as a store of value. Bitcoin is rarer, more liquid, easier to move and harder to confiscate. It can be sent anywhere in the world at almost no cost at the speed of light.
This could have two consequences:
1. Bitcoin could reduce demand for real estate by acting as an easily accessible store of value that people may prefer to use for savings rather than real estate.
2. Real estate might lose the monetary premium it has accumulated in an inflationary financial system, which could flow into #bitcoin. A superior store of value.
I have developed explicit strategies for real estate investors to integrate Bitcoin into their existing business processes. So that they can benefit from the digital disruption that Bitcoin represents
Now I would like to take the time and compile the relevant articles that I have published into a book.
The overall purpose of this book is to make people aware of the disruption that Bitcoin could bring to the real estate industry because it is a superior store of value. I will share the strategies I developed so that entrepreneurs can apply them in their businesses. I will also highlight the positive social and economic disruption caused by Bitcoin's digital disruption.
The target audience of my book are RE investors and developers with an in depth knowledge about finance that want to understand why and how Bitcoin is going to disrupt the #realestate business and what particular strategies they have to learn and apply in order to benefit from this technological paradigm shift.
A second target audience is people who have in-depth knowledge of Bitcoin and are interested in learning how it will revolutionize the real estate industry, the largest asset class in the world. Its disruption will therefore have fundamental implications for the global financial system and societies worldwide.
Real estate is the world's most important store of value and the preferred form of collateral when banks lend money. Bitcoin will likely take on this role in the future.
Digital Real Estate is thus the working title of the book.
#Bitcoin #Realestate #DigitalRealEstate #book

2024-01-10 18:51:47

It was an honour to discuss Bitcoin & #realestate with @npub1s5y…6q7z.
https://www.youtube.com/watch?v=DO5-zt-SpeA

2023-11-30 22:31:37

Balancing Bricks and Bytes: The Evolving Role of Bitcoin in #RealEstate - a new article of mine is online.
https://en.coinfinity.co/blog/bitcoin-and-real-estate-leon-wankum

2023-11-10 10:42:38

Bitcoin was neither invented nor discovered, it was conceived. 💫
Thoughts ?

2023-09-22 06:18:32

- reply

Much success. 💫

2023-09-19 23:10:03

The opportunity cost of buying a #house is not being able to buy bitcoin. A bad deal. #RealEstate cannot compete with bitcoin as a store of value. The latter is rarer, more liquid, easier to move and harder to confiscate.
https://europeanbitcoiners.com/bitcoin-vs-real-estate-what-is-the-better-store-of-value/

2023-09-07 10:45:23

When was the last time you focused on your breathing?

2023-08-29 16:39:00

- reply

Welcomed back on Nostr 😎 @npub1st4…lv5p

2023-08-27 10:11:23

Love doing breathwork sunday morning.
@npub1eln…z3pj created a section called "BreathWorxx" that focuses on breathwork in the Sonic Tonic app dedicated to frequency healing. There’s even a Bitcoin-themed track. Try it 💫
@npub16vr…p2va - maybe this can become part of your morning routine. 😉
@npub1j8y…vrvg - we need to get this on Nostr. 😎
https://apps.apple.com/de/app/sonictonic/id1057946205?l=en-GB
#Bitcoin #Breathwork

2023-08-14 13:53:39

End the ECB.
New stickers @npub1dme…x75f @npub1ds5…qrhg
www.europeanbitcoiners.com
#EuropeanBitcoiners
https://cdn.nostr.build/i/60059f48ea7a4375b5d61a26d554a4dbcaceb1d2b896d1736ecf799138c8c986.jpg

2023-08-07 09:11:28

GM #Nostr. How many German Nostriches do I have in my feed?

2023-07-28 17:26:34

Since sharing my thoughts about bitcoin and real estate, I'm truly grateful for the overwhelmingly positive feedback I've received. 🙏💫
At first, I was hesitant to share my ideas, but I've come to realise their importance in further developing my insights. Moreover, I strongly believe that I can assist people in navigating the inflationary pressures of the fiat system and protect their hard-earned money's purchasing power. In this months edition of The Bitcoin Newsletter I aim to address and clarify any misconceptions about bitcoin and real estate. I hope this information will be helpful to all of you.
https://leonawankum.substack.com/p/the-bitcoin-newsletter-10-bitcoin

2023-07-25 20:08:41

How would we define the utility value of a house under a Bitcoin standard ?

2023-07-24 10:04:18

Who wants to get zapped ? 😎⚡️
Comment 👇

2023-05-16 18:01:43

Just landed for the #BTC23.
Miami, it’s good to be back 💫
https://nostr.build/i/6ad64b0f3a3f920926237383993d9f126464b28b10d2a8f7274dff95f2d4f406.jpg

2023-05-08 19:26:37

Borrowing inflationary #money ($, €, ¥) to buy disinflationary hard money (#bitcoin) is one of the greatest business opportunities of our lives.
https://nostr.build/i/nostr.build_3472c76d85236756ee0ad1131ef5ad163755d43c0fe9c638aac8df7c7fa67a90.jpg

2023-04-27 12:23:30

- reply

Exactly. + As a digital property, bitcoin will create a financial system where owning property and using it to store value and build wealth will be far more accessible than it is today. This will enable greater productivity and efficiency in the global economy.

2023-04-04 12:46:30

How #Bitcoin, #Lightning & #Nostr allow for innovation without (institutionalised) credit … :
The fiat-based monetary system has made it increasingly difficult for innovations to emerge from the market without institutional funding.
Monetary inflation has made fiat money a poor store of value, which has made it almost impossible for entrepreneurs to save and self-fund innovation.
The capital requirement can usually only be covered by state-affiliated banks and institutes (these include venture capital firms, almost all of which are motivated to maintain good relations with the state).
This development is problematic because the state and its affiliated banks and institutions are pursuing a political agenda. They support projects that follow this agenda.
Satoshi (2009) broke through government imposed gatekeeping and the control mechanism of fiat and institutionalised credit with open (source), permissionless, sound digital money (#bitcoin), laying the foundation for progress free from the shackles of central banking.
Bitcoin is the hardest money ever created. Due to its fixed supply cap, it allows to save and preserve the value of time and effort - giving market actors the time and capital to focus on problems and find appropriate solutions.
The #Lightning Network (2015) introduced a second layer payment protocol for Bitcoin, enabling fast transactions and micropayments.
With the launch of #Nostr (2020), a decentralised protocol for the uncensorable transfer of information, we have a Bitcoin-based tech stack that serves as a basis for market participants to work, communicate and collaborate successfully outside of government control.
Innovation can now emerge from the free market (bottom-up) and is not suppressed, imposed or manipulated from ‘above’.
#[6] #[7]

2023-03-23 00:41:51

There are two ways to see the world. Through fiat (fear) or #bitcoin (hope). I choose the later and hope to inspire as many people as possible to do the same. A beautiful week here at #bitcoinjungle & #nostrica is coming to an end.
Try to come here to feel what a "bitcoin standard" is like. Optimism, opportunity and hope. Self-sovereignty and freedom. What a great community. Thanks for having me. I'll be back 💫
https://nostr.build/i/nostr.build_3de8c8976638c035c253e3f97c80018994a34591581856bfd800a8614e35ebd6.jpeg

2023-03-17 15:17:10

This month's edition of ‘The Bitcoin Newsletter’ discusses the inherent risk of a financial reality where we cannot save, how this reality has led to the recent debacle at Silvergate, SVB and Signature banks and how #Bitcoin as an independent reserve asset offers a solution.
I hope it proves valuable on your bitcoin journey or can help your friends and family on theirs.
https://leonawankum.substack.com/p/the-bitcoin-newsletter-3-sxsw-svb-treasury

2023-02-12 17:34:40

Next comes adoption by the nation state. Simple game theory. Bitcoin will win.