"In almost every scenario we can imagine, we’re going to watch — over the next 10, 15 to 20 years — the explosive growth of Bitcoin as it gobbles up all these parts of the macroeconomic world. And so these landlords that are landlords by necessity — who thought, 'When I grow up, I'm going to be a landlord?' Nobody. They had to go buy properties because that was the only way they could keep up and potentially outpace inflation, other than throwing their money in the S&P. And the S&P, over the last 15 years or so, is really when it decoupled from the fundamentals and started to balloon — to outpace the fundamentals of those companies as they should be valued. So the premium that's put on there from the casino we’ve had to play in — the S&P 500 and so on — that premium also exists in the real estate market. Because there are so many people that had to buy those properties to protect the value of their savings and their retirement, there are a bunch of landlords out there that don't want to be landlords.

So my theory is: over the next 10 to 15 years, people are going to be exiting the landlord business — people who never wanted to be in it. They're going to be buying Bitcoin instead. And those houses sold out of those portfolios can be sold to homeowners who can work their way up, save in Bitcoin.

So if landlords buy Bitcoin to exit the landlord business, and renters save in Bitcoin to buy those houses from them — this is how Bitcoin fixes the housing problem from both ends of the spectrum."

npub1gkgyk28lurjuhyfjlxsga9mw6lc0c47c8pmcr65usre9d3qjcx6q9cyk5m / Ep.80 / 35:05