The access to the productivity will be lost for the individual, however, it will still be protected by the network and won’t get „lost“. Just „inaccessible“ to the individual.
If #realestate is not properly cared for, its value will literally degrade over time. Bitcoin on the other hand provides the ultimate form of transferable value because it preserves the encapsulated wealth.
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 ?
Vielen Dank! Das hoffe ich auch :)
Yes and yes :) RE will always have subjective value - but, as you mentioned, it won’t rise disproportionately under a hard money / Bitcoin standard due to money finding it’s way into the economy through mortgage loans (cheap credit).
#4 is true in the sense of: wages have not risen as much as the amount of money in supply. Since a lot of the money being introduced I to the economy finds its way I to real estate through loans, RE has risen almost on par with inflation. Makes sense ?
Hey nostr:npub1v5k43t905yz6lpr4crlgq2d99e7ahsehk27eex9mz7s3rhzvmesqum8rd9 !
While listening to some of your recent podcasts I've encountered a contradiction in the following three Bitcoin narratives that I can't solve by myself right now. At least it seems contradicting to me 😅
I'd be glad if you could help me out or guide me to an article where you've written about it:
#1 Fiat society has begun to abuse houses as store of value, so the price of real estate has grown disproportionally compared to wages and so the price doesn't anymore reflect the true usecase of houses: living inside of a warm place.
#2 The cost of houses has not been going up over the last decades if you adjust for inflation.
#3 In our parents' generation it's been possible to save money and buy a house on credit for a single wage family.
So where's the misconception here? Or am I mixing things up?
Is #3 just a fairytale made up to orange pill people? Or is #1 maybe not a new phenomenon but has been the case since modern fiat money exists? I hope you understand
I hope I will be able to explain. I don't think you are mixing things up. #1 is true and #3 was true. RE has been used mainly as a SOV since 1971 (Nixxon Shock, introduction of a fiat based system).
Even though inflation was considerably high in the 70's, RE was still priced on its utility value and was thus affordable for our parents' generation. People then excessively invested in RE, which by now has become overpriced and unaffordable. This was a process of lets say 40-50 years ... I hope that clears up the confusion ?
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
Absolutely. Bitcoin really holds the potential to change housing for the better.
“How did #realestate investors cope with the rising CapEx caused by currency devaluation in the 1970s?“
From research and conversations with RE developers who were active in the 1970s and 1980s, I learned that to cope with rising maintenance costs, inflation, and interest rates, landlords simply raised rents and passed the costs onto tenants.
According to a business partner, this is the reason why there are rent caps in Germany, Sweden etc.
In my opinion this illustrates how the fiat system, with its inherent inflation, forces rational market participants to do things (in this case, increase rents) that have negative social consequences.
This is further evidence of the negative impact that central banks, currency devaluation and inflation can have on individuals, society, and the market.
Bitcoin as a disinflationary money and deflationary currency system obviously offers a better alternative here.
1. Property owners can use bitcoin to protect their cash flow from inflation and are not forced to pass on the higher costs to tenants.
2. This means that, in theory, property rental costs and valuations are not rising as quickly.
3. In the best case scenario, this will make housing affordable and building attractive again in the long term.
https://bitcoinmagazine.com/culture/how-bitcoin-will-make-housing-affordable
I would like to thank you all for the positive feedback on my last podcast. The topics of Bitcoin and #realestate fascinate me.
I will be publishing a series of papers on the topic this year.
🇯🇵How Japan Became the Poorest Country in The World 🇯🇵
In this video, nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z and James Lavish help me understand why a country's debt burden can have devastating effects on people's lives and how #bitcoin fixes this.
Full Video Here: https://youtu.be/C_-to3VCh9c https://v.nostr.build/OvlY.mp4
Well done. 👏👏
It was an honour to discuss Bitcoin & #realestate with nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z.
Wieviel Wörter sind das ca ? Es könnte knapp werden. Ich versuche es aber gerne und freue mich so oder so wenn noch anderen Content schreiben ✍️
Ich :) 🙏 würde darum gehen, wie Nostr Innovation fördern kann. Falls von Interesse.
In a world marked by increasing violence and hostility, the ability to protect wealth with Bitcoin becomes critical.
Sharpening mind, body and soul. Day for day. Night for night.
With rising interest rates, #realestate has become less affordable as people cannot afford financing. Therefore, I expect people to gravitate towards buying bitcoin, an accessible and affordable store of value.
How Cannabis Affects Disciplined People.
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