Block space is more scarce and desirable than property in Vail and onchain gentrification was inevitable.

Those who would benefit from its highest and best use aren’t necessarily the ones who will get to benefit from it in the short term.

The market will decide what gets developed. The only way Vail has preserved any of its natural wonder is zoning and permitting restrictions.

But with Bitcoin that’s a problem because to do so violates its permissionless and censorship resistant foundation.