Dude, your kind of thinking is soft-commie gobly gook. Property is the foundation of civilization and is totally in accord with God’s will. I’m sorry you don’t like that.
Everyone in the real estate industry, especially those who are fiduciaries, need to listen to the recent discussion between nostr:npub1v5k43t905yz6lpr4crlgq2d99e7ahsehk27eex9mz7s3rhzvmesqum8rd9 and nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z. I just got off the phone with one of my owners and he is ready to leverage his property for $1MM to smash buy, set up a multi-sig, and begin DCAing with extra cash flow. He immediately understood the proposition in transmuting value from the physical structure into bitcoin and focusing on driving up the value of the shares of his ownership entity, a la nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m and MSTR. The building is not the financial asset in and of itself, it is PP&E on a balance sheet.
Owners are ready to have these discussions. Not all will act, but they are ready to listen, so as bitcoiners we need to present the issue. Taking down real estate as the main global store of wealth has to be our goal and now is time to get started. Emphasize 5-year time horizons, start with conservative strategies, be ready to aggressively scale.
For this owner, I sold him on the concept by showing him the nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m podcast with Nik Bhatia on corporate finance and the Fidelity white paper on adoption curve valuation. Find the right combination for your intended target audience. Make the pitch. A $300 trillion market cap is much closer than people think.
You are correct in that God owns this s entire world. As his image bearers in the material world, we have been tasked as its stewards. So we can, in turn, own property here. As Christians, we also have a duty to act appropriately towards property and more importantly in how we relate to others directly and indirectly through our treatment of property.
They need to begin a process of transmuting that equity into BTC.
Before property?
Commercial property, too. I recently had an owner for whom I manage a 30,000sf single tenant office building express interest in converting some of their reserve funds to BTC. The building is going to need significant capex over the next several years and hoping that we will be able to continue increasing rents to keep the value inflated isn’t a wise strategy.
“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 think the hardest thing to overcome is the old school mindset that treats the physical structure as the financial asset in and of itself. From my observation, this is what causes what I consider bad landlord behavior when they take as much cash out of the property every month, rather than plan to reinvest. Getting them to switch their mindset to one where the goal is to “produce and sell space while achieving long-term price stability” relies on having something like bitcoin that operates as a treasury that always increases in purchasing power in any 5-year timeframe.
I think it’s more to do with “ego death” being kind of a hippie, mdma at burning man type thing.
You live on credit cards lol! Righteous. Do you sell BTC to pay the credit cards?
Good, we need more co2
Yo, I was wondering when you’d show up on nostr
It was an honour to discuss Bitcoin & #realestate with nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z.
Listened this morning, great talk. I’ve got more questions I think. I’ve started talking to my boss about implementing BTC into property management strategies and transforming our perspective from one in which the building itself is the financial asset to one in which we are increasing the value of the interests of the entity owning the building, much like the comparison you and nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z made to the MSTR strategy.
What’s the matter with a suit?
Are we rebuilding civilization from scratch, too?
Can they actually, though?
IRS won’t accept it as a quarterly payment
Nah, I’m trying to get old school commercial real estate investors to start putting bitcoin on the balance sheet like MSTR. Start soaking up that monetary premium while maintaining my customers’ wealth.