The combination of low supply, desirable location and failing fiat money causes distortions in real estate.
When people have cash and know it’s constantly losing purchasing power they understandably park it in hard assets like houses.
#Bitcoin
#Mendocino 
Interviewed RFK and Vivek today. Got both their takes on #bitcoin.
Both interviews are out next week. 
Looking forward to hearing both these.
Your mates down the pub in Bedford still don’t get it. “Here comes Pete, traveling the world, hobnobbing with presidential candidates, doing his bitcoin thing. Here, have a pint and a bag of crisps.”
A good friend of mine called this evening. He had been thinking of acquiring bitcoin for some time. He was going to take a significant position exchanging a portion of his dollar savings for half a coin. But at the last minute he got cold feet, something held him back. He asked me “What’s backing bitcoin?” We discussed gold and energy usage and the traditional fiat system and I did a pretty good job of listening because it’s so tempting to keep jumping into talks like this with “yes, buts.”
As we spoke I began to realize our conversation was starting in the wrong place. The first question should be “what is money?” Bitcoin is such an unusual entity that it only starts to make sense when you understand it from the perspective of a solution to a huge problem hiding in plain sight. 
#Mendocino
@ blockheight 816942 https://video.nostr.build/9c86ac459cc5fc9350f4b3a046da4da21c2da5e734c1b499c10ed9a772fc96db.mp4
My buddy has 100 miles to travel. He’s walking. I stop and offer him a ride in my new car. He says he’s not certain about cars, they seem risky. I tell him I’ve driven 1000s of miles in it. I offer to drive him just 5 or 10% of his journey. But he still says no. 
If you’d prefer everyone in the world and the government not being able to monitor your finances, please make a comment to FinCEN.
The difficulty most people have with #Bitcoin is that it’s digital and most digital things like emails, photos and texts can be copied infinitely.
It’s not until individuals understand that Bitcoin is anchored in the physical world that they can get past this. 
I’m in the same position with my community. But from my experience with marketing I know it takes months to years of repeated touch points for individuals who hear of a product/service/brand/idea to adopt it.
It’s a trap…
Electricity to light us, heat at an utterance to a smart speaker. Food from around the world. Access to all music ever recorded. A thousand choices for any product delivered to the front door.
How will I ever get back to my simple little cabin? 
My goal is to enlighten my community about what ‘money’ is (as opposed to currency,) the reason the currency we’re using today is a broken system, why hard money is important and why #bitcoin is the best form of hard money humanity has ever had.
#Mendocino 
The difficulty most people have with #Bitcoin is that it’s digital and most digital things like emails, photos, X posts, can be copied infinitely.
It’s not until individuals do the work to understand that Bitcoin is anchored in the physical world that they can get past this.
#Mendocino
at block height 815917 
Big numbers. No, really really big numbers. 
I believe Nostr doesn’t use algorithms, in other words we’re seeing the unfiltered feeds of those we follow in chronological order.
Big tech uses algorithms, simple AIs which have one job: Keeping us on the screen. And what these algos learn pretty quickly is outrage and negativity works best. 
Could #Bitcoin Lightning payments be coming to a Square point of sale terminal near you?
(Block Inc. is an American public company founded in 2009 by Jack Dorsey and Jim McKelvey. Initially named Square Inc.)
nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m 
It was the invention of the telegraph that first allowed people to abstract money into two parts: The forward transmission of IOUs backed by the later settlement in gold. This lead to credit and leverage.
With #Bitcoin the transmission and settlement are one and the same. 