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.
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.
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.
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.
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.
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.
4/ Land is the foundation, the "base layer," of EVERY institutional-grade commercial asset in existence today.
Like land, Bitcoin is the "base layer" of a new monetary protocol.
Akin to construction projects on land, developers all over the world are "building on top" of BTC.
3/ Though, for argument's sake, let's say bitcoin closest resembles land.
Like land, BTC can't be depreciated as most commercial assets.
Both land and BTC have a *perfectly inelastic* supply, meaning increased demand for either does NOT lead to an increased supply.
2/ Real estate professionals (brokers, owners, investors, developers, etc.) are some of the most dismissive of #bitcoin. At first glance, understandably so.
One reason is obvious—one is purely tangible, one is purely digital. It's difficult to reconcile the two side by side.
"Bitcoin is digital real estate."
The investment thesis and similarities drew me in. The gradual evolution of modern finance with BTC as the backbone is what keeps me passionate.
I had some free time last night, so here's a 🧵:
Any sort of infographic that shows all the ongoing bitcoin projects? Projects being built on top of bitcoin, Layer 2 networks, etc.?
New currency, new problems.
As trust between countries inevitably erode, the only real money left with be that which is fully neutral.
https://watcher.guru/news/brics-are-developing-a-new-currency-state-duma-deputy-chair
Conditions will only worsen as the recession continues to ferment.
Domestic outsourcing and offshoring tend to be effective cost-cutting measures for companies facing slowing/flattening/declining revenue growth.
As the saying goes, "be careful what you wish for."
While some employees dream of being work-from-home, others have lost their jobs because of it.
WFH policies tend to lead to increases in domestic outsourcing, the offshoring for cheap labor and more part-time/leased work.
A lot of people are going to learn real estate isn't the inflation hedge they thought.
Good Lord that didn't post correctly.
WFH Update!
Remote work has stabilized to ~30% for most firms, largely flat since April '22.
Data shows most employees do *NOT* want to work from home 100% of the time. The majority prefer 2-3 days in the office, depending on age.
Moving back to Florida presents three very different career options…
1.) Continue fiat-mining in CRE brokerage
2.) Work in family construction business
3.) Break into a Bitcoin job
Decisions, decisions…
Plot twist: There is no "biggest real estate conference" in March. 😂
Real estate is absolutely hurting, particularly segments of the commercial RE industry, but this screenshot is just bogus, clout-chasing fear porn by whoever posted it on Twitter and claimed it was from a prominent CEO in the RE industry.
Don't believe everything you read.
