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Leon
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Bitcoin. Real Estate. Philosophy & Ethics. Proof-of-Work. Newsletter: leonwankum.substack.com

I’ve uploaded my talk, How Bitcoin Changes the Way Humanity Saves and Lives, from this year’s BTC Prague, including the video, slides, and transcript, to my website, where you can also find my other work.

https://leonwankum.com/how-bitcoin-changes-the-way-humanity-saves-lives/

In the next edition of my newsletter, I’ll explore how bitcoin, as a disinflationary monetary standard, could reshape construction practices, architectural aesthetics, and urban design. Out next month!

https://leonwankum.substack.com/

In this month’s edition of my newsletter, I delve into the story of Metaplanet, my most comprehensive piece yet! 📨

It was important to me to understand the Metaplanet story in its entirety. If it’s as significant as it appears, it deserves a closer look, not just as a successful publicly listed company, but as a potential framework for understanding global Bitcoin adoption. nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzqzgz2jqp5l5w2zzmqtn3zc30phap4p2sxjf67fr25s40pr67f5kl34qnc2 nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqy08wumn8ghj7mn0wd68yttjv4kxz7fwv3jhyettwfhhxuewd4jsqgxnqajr23msx5malhhcz8paa2t0r70gfjpyncsqx56ztyj2nyyvlq00heps

https://leonwankum.substack.com/p/the-metaplanet-story-from-crisis-to-a-bitcoin-standard

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One of the most underrated positive second-order effects of bitcoin is that rents don’t have to keep rising to offset inflation, they can actually stabilize, or even decline over time.

Bitcoin will make housing more affordable.

As bitcoin's utility as collateral becomes more recognized over time, people will realize that it is a better store of value than real estate.

There’s no longer a need to store wealth in property, as BTC can take that role, allowing the monetary premium currently embedded in real estate to flow into Bitcoin and letting property prices return to reflect actual utility.

Even though this is a long process, it’s one of Bitcoin’s most important second-order effects: more affordable housing.

Purpose before motion.

Property ownership has long been one of the most ideologically charged expressions of power and identity. Bitcoin may not fully dismantle this mindset, there will always be those who express wealth through physical symbols, but it challenges the assumption that power must be tied to the visible and tangible.

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Recent discussion on real estate, Bitcoin, STRK & STRF, and bitcoin’s role as collateral.

https://youtu.be/gHrurX9IDY0?si=ovy34gG_rI0OGpLJ

Bitcoin does enable more leisure, lower time preference, and even sound architecture, thanks to its sound-money principles. Economically though, lending against Bitcoin to buy real estate isn’t ideal, since real estate tends to underperform BTC. But as a passion project or lifestyle choice, it can make sense! Since it will allow you to outperform the rate of inflation, maintain the property etc.!!

If you’re looking to build something meaningful, it’s definitely interesting, there are even some great examples out there, like projects by Rahim Taghizadegan.

Yes, so a house (today’s price, would cost 0.001 BTC)

1 BTC ≈ $108 k | Average U.S. house ≈ $500 k (about 4–5 BTC right now)

If Bitcoin keeps growing 50 % every year and house prices just cruise sideways, 1 BTC would be worth about half a million dollars in a little over 20 years.

At that point 0.001 BTC (one-thousandth of a coin) would buy the same $500 k house🏠 😎

Once bitcoin surpasses real estate as the preferred store of value, architecture will shift to prioritize function over speculation.