4.2/ These developments overlaid on the bitcoin base layer include "Layer 2" protocols, such as the Lightning Network (enabling instant payments).
Layer 2 networks provide additional utilization and value accretive to the underlying base, not unlike buildings atop raw land.
5/ Every received BTC transaction represents irrevocable ownership of the infinitely scarce BTC network.
Like land in Manhattan, simply by virtue of ownership, you benefit from development.
In NYC, that could be a nearby highrise.
In BTC, it's ALL protocol upgrades and L2/3s.
6/ Yes, CRE is a great wealth building tool... if you already have some wealth. Even at 80% LTV, for a $3,000,000 asset among six investors, you're looking at $100,000 of required equity.
An impossibility for the majority of Americans (~60%) living paycheck to paycheck.
7/ Bitcoin offers the ability to gradually "save your way to wealth," apathetic to whether you're rich or poor.
It's (i.) perfectly inelastic supply, (ii.) liquidity and (iii.) growing adoption offers asymmetrical upside without the countless risks associated w/ RE investment.
8/ Bitcoin exists everywhere and nowhere. Unlike real estate, bitcoin is perfectly transportable. Your buyer pool? Anyone with internet.
You are not limited to a pool of RE investors, but rather any single person looking to transmit or hold value without trust or permission.
9/ Bitcoin extends property rights to 8 billion people globally.
In countries where restrictions exist (China, Cuba, North Korea, etc), BTC provides safe haven for fleeing capital.
Double-digit inflation or CBDCs? Bitcoin is a monetary tool against manipulation/devaluation.
10/ Bitcoin is arguably one of the most valuable humanitarian tools ever created, if embraced.
It provides a path forward toward the separation of money and State.
An escape hatch from monetary control and the financial surveillance panopticon being ushered in globally.
11/ Sure, you "cannot live" in Bitcoin, just as you cannot pick up your 15-unit multifamily property in California where tenants are legally 'squatting' for months on end without payment and move it to another state.
There are obvious pros/cons to each asset. Caveat emptor.
12/ This thread scrapes the surface of the similarities between RE/BTC at a high level.
Deeper threads are possible, but become laden with jargon from either side... BTC witness data, block space, UTXOs... absorption, caps, NOI, zoning/FLU, etc...
Eventually, maybe.
