Paying coffee and cake with Sats at #bitcoin event Cheatcode in Bedford, beautiful home of nostr:nprofile1qqs2auxkkgfgylem580xrztp8ek5sf83s86k0vfq2feuz6y4lkhskgcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzxrhwden5te0d35kw6r5de5kuemjv4kxz7fwvdhk69jtxxr
Taking a break in a beautiful park in sunny Bedford at Cheatcode #bitcoin event. Outstanding job nostr:nprofile1qqs2auxkkgfgylem580xrztp8ek5sf83s86k0vfq2feuz6y4lkhskgcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzxrhwden5te0d35kw6r5de5kuemjv4kxz7fwvdhk69jtxxr + nostr:nprofile1qqsd0uazmzmhwseeym3rjhf3txyjapreapc6sq8yq8cy07cg45tlx2cpp4mhxue69uhkyunz9e5k7tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7atfzq3 in putting together such a great event and speakers together. I was happy to chat and hand out my new book to nostr:nprofile1qqsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqpzemhxue69uhk2er9dchxummnw3ezumrpdejz7q2hwaehxw309anxjmr5v4ezumn0wd68ytnhd9hx2tmwwp6kyvtnx4uhzdnhv9j8wuncv3jngmrgveen2dn8dcmrg6rh0f6ksmnxvym8ywtddg6rwdnjx4eng6rtw4h85em6w9e8xdn3xaaquwrzjs nostr:nprofile1qqsqt6gwlarurc8v4aw9hh2vkfdedxfh9zngmza0tlw4e66wf3fzvjqppamhxue69uhkumewwd68ytnrwgqs6amnwvaz7tmwdaejumr0dsp39fau Joe Bryan of "What's the problem" viral video and of course nostr:nprofile1qqs2auxkkgfgylem580xrztp8ek5sf83s86k0vfq2feuz6y4lkhskgcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzxrhwden5te0d35kw6r5de5kuemjv4kxz7fwvdhk69jtxxr and nostr:nprofile1qqsd0uazmzmhwseeym3rjhf3txyjapreapc6sq8yq8cy07cg45tlx2cpp4mhxue69uhkyunz9e5k7tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7atfzq3. Look forward to meeting great nostr:nprofile1qqswmnfq2k830kvnylvyrezc97dsqce343qppqrwlgpqaux5qpuwdkspp3mhxue69uhkyunz9e5k7qg4waehxw309ajkgetw9ehx7um5wghxcctwvsgp2pcv and nostr:nprofile1qqsxc56ajk5xtxerf4dqspgrfa0s5elrcr80lnz9nasldq87j3zzf0cpzemhxw309a6k6cnjv4kzumr0vdskcw358q6rsqgvwaehxw309a38yc3wd9hsqye4eh this afternoon. Thanks all.
#bitcoin doing extremely well in this chaos. It starts to de-couple from risk assets and behaves again as a SOV. It will soon trade much higher. Trump's tariffs war is accelerating the escape from US Treasuries as the reserve asset of the world. There will be an inevitable global confluence on a neutral reserve asset. And #bitcoin is the only option for reasons I explain in my book. The world has lost trust in the US. If Trump wants to attract foreign money back into US debt and retain partially the "exorbitant privilege", the only chance is to issue bitcoin backed Treasuries. The #Bitcoindollar system is the way forward. https://www.bitcoindollar.net/
You are spot on. #bitcoin doing extremely well in this chaos. It starts to de-couple from risk assets and behaves again as a SOV. Trump's tariffs war is accelerating the escape from US Treasuries as the reserve asset of the world. There will be an inevitable global confluence on a neutral reserve asset. And #bitcoin is the only option for reasons I explain in my book. The world has lost trust in the US. If Trump wants to attract foreign money back into US debt and retain partially the "exorbitant privilege", the only chance is to issue bitcoin backed Treasuries. The #Bitcoindollar system is the way forward.
The monetary premium that exists in real estate highlights that you have an insane asymmetric advantage over most of the global population if you are accumulating bitcoin today.
https://www.tftc.io/quantifying-monetary-premium-real-estate/
The issue is more nuanced, for instance:
- “trophy” real estate carries a higher monetary premium and it is likely to retain it because it is objectively scarce (unique location, unique architecture, period buildings etc). This is less than 1% of the properties.
- properties with a yield will be repriced according to the yield and alternative investment yields with similar risk profile.
- all the rest will gradually lose the monetary premium and revert to utility value depending on characteristics of the property and its relative supply-demand on the specific market.
- generally though, excluding the first 2 variables above, real estate should be increasingly demonetized as an asset class if #bitcoin adoption as a SOV increases. This, however, will be contingent on how governments will act because they cannot afford a real estate collapse. Real estate is one of the biggest sources of tax revenue for all governments. Therefore the incentive will be to keep interest low and keep the bubble afloat. On the other side there are strong deflationary forces. Consider the EU for a second. In the last 40-50 years the middle class has used real estate as its main SOV. The middle class was growing wealthier and many had second and even third houses. Usually empty. No returns, just maintenance costs. Now the middle class has been decimated and they cannot afford such properties anymore. Where is all this stock of properties going? Think about it…
Below some excerpts from a Chapter of my book on that topic 
Dear Stacy I will be very happy to make available for you and your students my new book. Not the typical bitcoin book because it is not technical it is however, I believe, very interesting for students in LatAm because it shows the dirty history of the imperial dollar and the future of a a new Bitcoindollar system not centered around the MIC's violent enforcement but through peace and cooperation. Just send me a message on Primal with your email and please state if you want epub format or Kindle KDP or simple pdf. or email me at author.white@protonmail.com
All the best, Love what you guys are doing there.