Leon A. Wankum
@leonwankum
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#Bitcoin Real Estate. Philosophy & Ethics. Articles: @BitcoinMagazine @europeanbtc21 ⚡law @getalby .com | Newsletter:
Berlin, Germany
Joined June 2019
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I am happy and overwhelmed by the positive feedback I received for the podcast with
@PrestonPysh
where we discussed the topic of
#Bitcoin
and
#RealEstate
.
We are entering a new era in which the world will likely realize that Bitcoin is a black hole that is sucking up the
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644
🧵When you really understand
#Bitcoin
. You don't "invest" in
#RealEstate
anymore. A thread👇
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903
🧵1/6 A significant portion of capital inflow into
#Bitcoin
in the coming bull market will come from real estate investors. Here's why 👇
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🧵Physical (
#realestate
) vs. digital property (
#bitcoin
)
Real estate is expensive to maintain, easy to confiscate, easily taxed, difficult to move or liquidate in times of crisis and easily destroyed. 1/6
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To me, taking on debt to buy
#bitcoin
makes much more sense than taking on debt to buy real estate.💫
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🧵1/7 If you aspire to become a
#realestate
investor, here is why you should also aspire to own
#bitcoin
.
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253
For anyone “criticizing” the volatility of
#Bitcoin
, I urge you to pay attention to historical
#realestate
prices.👇
The following chart, illustrating developed world real estate prices after inflation from 1890 to 2023, provides a visual representation of the volatility of
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“You can avoid reality, but you cannot avoid the consequences of avoiding reality.”—Ayn Rand
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In my new essay for
@BitcoinMagazine
, I explain how
#Bitcoin
, as a new variable in global markets, will have a drastic impact on real estate, lending and interest rates as it grows. 🧡
#BitcoinUrbanism
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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
#realestate
and Bitcoin didn't have much in
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194
#Realestate
is the world's primary store of value and the preferred form of collateral when banks lend money.
#Bitcoin
will take on this role in the future.
3
31
172
I laid out why every
#realestate
investor should own
#Bitcoin
a while ago in this article I wrote for
@BitcoinMagazine
.
I wonder how many real estate investors read the article?
& more importantly, bought BTC?
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In my new article for
@BitcoinMagazine
, I explain why
#Bitcoin
is kosher and forms the basis for a financial system compatible with Jewish ethics.
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140
In my new article for
@BitcoinMagazine
, I explain why
#RealEstate
became a speculative investment vehicle in an inflationary monetary (fiat) system as well as the various negative consequences this had for society & the solution
#Bitcoin
offers. 1/5🧵
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It is commonly said that there are only two certainties in life: death and taxes; Bitcoin, however, has introduced a third: a fixed supply of 21 million.
@Breedlove22
#Bitcoin
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🧵 1/8 The risk of property confiscation (and how
#bitcon
helps).
Jews in Nazi-Germany were humiliated by having their property confiscated. Families who secured their wealth in physical property lost everything overnight.
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As Bitcoin absorbs the premium that
#realestate
has accumulated over decades of inflation, the attitude that "houses always go up in value, it's a safe bet" could be corrected to "houses are potential liabilities" and “
#bitcoin
will always go up in value, it’s a safe bet”.
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#Bitcoin
is disrupting the real estate business model similar to how e-commerce disrupted the retail business model.
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Adding
#bitcoin
to real estate development loans can enable developers to survive and thrive in an inflationary environment and even survive a possible collapse of the fiat-based banking system.
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24
137
🧵
#Bitcoin
is primarily seen as an alternative to gold (≈$10-12 T) due to its limited supply and excellent monetary properties. In fact, however,
#bitcoin
is a competitor to the world's most used store of value,
#realestate
(≈$330 T).👇
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In my latest for
@BitcoinMagazine
, I analyze the different value propositions of
#Bitcoin
and real estate in times of geopolitical instability.
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What is less known is that the “Internet”, particularly the World Wide Web (WWW), originally contained the idea of its own native currency.
The Hypertext Transfer Protocol (HTTP), which was introduced in 1991 for transferring data over computer networks and is mainly used to
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For me, there is only one way to deal with the volatility of
#Bitcoin
: build a stoic mindset.
Off to
@BitcoinAtlantis
—after another ice diving session in Finnland w/
@KlattenMoritz
.
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In a collapsing fiat system (pre-bitcoin), real estate became the most popular store of value and basis for creating wealth.
#Bitcoin
will eat this lunch. It is rarer, more liquid, easier to move and harder to confiscate.
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What do
#Bitcoin
and real estate have in common ? 👇
For some, calling Bitcoin “Digital Real Estate” may sound too abstract. Below I will explain why the two assets share many similarities.
Real Estate
As fiat money has lost its function as a store of value due to decades of
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The car seemed strange to most at first, with many failing to grasp its benefits. Some car owners even harnessed horses to their cars. In a similar vein,
#Bitcoin
remains enigmatic to most today.
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#Bitcoin
’s inelastic supply and hard cap of 21.000.000 make it the first absolutely scarce commodity the world has ever seen. That is a pretty big deal.
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🧵 Bitcoin is a beacon of hope in a world of uncertainty and despair. By having a monetary constant, people can focus on things that really matter. I try to show how we can use
#bitcoin
to find optimism for a brighter future 💫
Via
@bitcoinmagazine
1/
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Today, finding focus is the ultimate superpower.
#Bitcoin
helps.
1. There is no need to waste time worrying about making investments.
2. There is no need to waste time managing an investment portfolio.
3. There is no need to waste money on management or consulting fees.
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Just as email and messaging are the preferred way of transmitting information today,
#Bitcoin
will be the preferred way of storing value in the future.
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Particularly, Millennials and Generation Z, who have been priced out of real estate, are inclined to adopt
#bitcoin
as their preferred store of value.
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By incorporating
#bitcoin
into property financing, we can facilitate a smoother and more productive economic transition onto a
#Bitcoin
standard, one that could enhance the quality of
#realestate
and contribute to preventing societal collapse amid a hyperinflation scenario.
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With near-perfect money like
#bitcoin
, all other instruments for maintaining your purchasing power become obsolete.
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Never sell your
#bitcoin
to finance a
#RealEstate
transaction; instead, borrow against it.
#Bitcoin
is pristine collateral for lending. 🧵1/⬇️
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🧵
#RealEstate
vs.
#Bitcoin
: Which is the better store of value in times of global conflict? A thread. 👇
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In the 19th edition of The
#Bitcoin
Newsletter, I share with you a research paper that I wrote over the course of 18 months between early 2022 and late 2023. I am very happy to finally share this research paper with you.
I am keen to receive your feedback. Link in bio. 🧡
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A few weeks ago on
@SimplyBitcoinTV
, I explained what positive changes can occur to a society when
#Bitcoin
removes the monetary premium from
#realestate
, both for individuals and markets.
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#Bitcoin
fixes real estate development. I thoroughly enjoyed this conversation w/
@MartyBent
@Croesus_BTC
&
@MTanguma
.
New episode of The Last Trade, out now!
Author & investor
@leonwankum
joins to discuss…
🟠bitcoin’s store-of-value properties
🟠real estate’s eroding monetary premium
🟠bitcoin’s role in real estate development
🟠structured credit & pristine collateral
Full episode below…
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1/ In my new article for
@BitcoinMagazine
, I explore why every real estate investor should own
#bitcoin
.
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I'm really looking forward to
@BTCPrague
.
In my keynote titled '
#Bitcoin
and
#RealEstate
: How
#bitcoin
is revolutionizing the world's largest asset class,' I will explore the transformative impact of
#bitcoin
on real estate development & the housing market.
See you there!
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🧵1/9 Bitcoin & Real Estate 101: Maintenance reserves.
#Bitcoin
maintenance reserves are a long-term treasury management strategy outside of the current uncertainty of the traditional banking system.
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On
@SimplyBitcoinTV
I explained how my work in real estate development enabled me to become a
#Bitcoin
maximalist.
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Check out my new article for
@BitcoinMagazine
“Does the wisdom of
#Bitcoin
come from an ancient civilisation?”
find the summary in the 🧵 below.
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I thoroughly enjoyed our conversation
@Breedlove22
💫
Bitcoin is Digital Real Estate with Leon Wankum (WiM291)
@leonamschel
and I discuss Bitcoin's influence on the real estate business, how the traditional real estate model is changing the
#Bitcoin
concept, the prospect of digital real estate, consequence of bad money, and more.
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If real estate 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.
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The story of the decade after, how
#bitcoin
overtook real estate and became the king of stores of value.
Stay focused. The rest is noise.🧡
The story of next decade is how Bitcoin overtook Gold, becoming the king of commodities. The rest is noise.
Stay focused and do not sell your Bitcoin.
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6/6 I expect this trend to continue.
#Realestate
investors understand the advantages of scarce assets in an inflationary environment. Once they realize the advantages of BTC over RE as a store of value, billions, even trillions in value will flow into
#Bitcoin
.
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#Bitcoin
, the fastest growing asset class, and real estate, the most valuable asset class, will eventually swap places, one can only imagine what a paradigm shift this will mean for both industries.
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🧵1/7 If you have built or bought
#realestate
with the vision of holding it for the long term and living off the cash flow, you should buy
#bitcoin
with the rental income from your real estate. Here's why:
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The Role of the Monetary Premium in Real Estate 👇
Historically, money, particularly in forms tied to gold or other stable assets, served as the primary store of value, maintaining purchasing power over time.
However, when the global financial system underwent a profound
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🧵Have you ever wondered what the cost of rent would be under a
#Bitcoin
standard? 👇
#BitcoinUrbanism
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I've met several people who have proposed the idea of a fund that buys
#bitcoin
to later invest the profits in
#realestate
. This, of course, makes no sense. Bitcoin makes the store of value function of real estate (and any other asset) obsolete.
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0
65
The value of
#realestate
is collapsing against bitcoin.
As a property owner, investor or developer, the time has come for us to get serious about
#Bitcoin
.
Chart: St. Louis Fed’s Housing Price Index denominated in Bitcoin.
Source:
@MimesisCapital
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I'm working on a newsletter that will dismantle the "
#Bitcoin
has no cash-flow" narrative. Coming ‘end of this month! If you would like to sign up for my monthly newsletter, you can find the link in my bio.
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Es hat Spaß gemacht, mit Marc über die Rolle von
#Immobilien
in unserem Finanzsystem und die Veränderungen zu sprechen, die
#Bitcoin
mit sich bringen wird. Danke an
@zeitsprungbtc
und
@btctothemall
für die Organisation. 🧡
Häuser werden heute oftmals nicht mehr zum Wohnen benutzt, sondern zum Spekulieren ! Aber was, wenn
#Bitcoin
die bessere Immobilie ist ? Wir haben beides miteinander verglichen…
Zu Gast
@leonwankum
Aufgenommen
@btctothemall
Danke
@zeitsprungbtc
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2/6
#Bitcoin
is primarily seen as an alternative to gold (market cap: $10 -12 T) due to its limited supply and excellent monetary properties. In fact, however, bitcoin is a competitor to the world's most used store of value,
#realestate
($330 T).
2
1
63
If you could own part of the Internet, would you say no? In fact, that is what holding
#Bitcoin
entails — holding shares in a new breakthrough protocol poised to transform the Internet into a space where not just information, but also value, can be exchanged freely and securely.
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7
64
#RealEstate
will lose its monetary premium under a
#Bitcoin
standard, which will flow into bitcoin, and collapse to its utility value.
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5
63
If you own fully leased properties, you are in the best position to accumulate
#bitcoin
by using your properties as collateral. This gives you the opportunity to use the illiquid capital in your real estate to buy bitcoin. The hardest asset ever known. 1/3
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7
62
A beautiful day in the alps w/
@scholarium_at
&
@derPeter21
. Seminar on the Austrian School of Economics. 🏔️
#Bitcoin
1
9
66
Just like owning a piece of prime real estate in a bustling city lets you tap into the city's economic growth, holding
#bitcoin
is like having a stake in the world's digital economy.
Unlike
#realestate
, no one can easily take
#bitcoin
away from you.
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Proof-of-Work || Finding focus in a 🤡 world.
@Breedlove22
,
@lisa_hough_
you’re coming down there next ?
- do not attempt this without professional assistance !!! -
w/
@KlattenMoritz
#bitcoin
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🧵Have you ever wondered what the utility value of housing would be under a
#Bitcoin
standard? 1/7👇
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7
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#RealEstate
investors who don't deal with
#Bitcoin
will be just as (ir)relevant in the future as retail entrepreneurs who turned a blind eye to e-commerce.
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4/6 ≈ 67% of the world’s net wealth is currently stored in real estate. Given
#bitcoin
’s vastly superior properties as a store of value, it has the potential to absorb a significant portion of the monetary premium that
#realestate
carries as a store of value.
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A System of Rules is superior to a System of Rulers.
BTC, Real Estate & Austrian Economics.
Find some of my work below :)
👇👇👇
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3/6 If you think about it,
#Bitcoin
's properties reflect many of the value propositions of
#realestate
, in addition to inherently safer custody, easier maintenance, and, most importantly, the ability to liquidate or move your wealth in times of crisis.
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Whether we want to or not, we are all part of the great historical struggle to create a society worth living in.
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I've just had the pleasure of speaking on behalf of
@EuropeanBTC21
about Austrian Economics at Utrecht University. Alongside
@PenningsDerek
and
@BdGBertdeGroot
. It was exciting to give the students a different perspective and thus give them the opportunity to understand
#Bitcoin
.
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The absence of intrinsic value is a fundamental economic principle, crucial for understanding why
#Bitcoin
holds value. And vice versa. A lack of understanding of this prevents understanding Bitcoin.
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Real estate's valuation is primarily due to its role as a store of value —
#bitcoin
, as a near-perfect digital store of value, heralds digital disruption for the sector.
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