Real estate development on a
#Bitcoin
standard
As someone involved in real estate development, I've long grappled with understanding how
#bitcoin
, as a digital store of value, challenges real estate's dominant position as humanity's primary store of value.
This realization…
@leonwankum
The physicality of real estate, its role in providing a place for people to live and work carries an intrinsic value that's hard to replicate digitally. Bitcoin's rise is definitely a sign of the times, pointing to a broader diversification of value storage. But the tangible…
@leonwankum
100% agree with this. The business will still exist but I still consider real estate quite risky right now.
I would estimate that at least 50% of today's value in real estate is due to the store of value function. It might even be as high as 90% (depends on the location).…
@leonwankum
Pros and cons.
#Bitcoin
is the simpler hold for people who don't want to deal with tenants and wants to be able to sell easily and in small amounts. Also lacks the same jurisdictional/ regulatory risk.
Real Estate has non monetary utility: living, business, and renting.
@leonwankum
#RealEstate
is a global, independent, decentralised, tangible proof-still-working SoV that eventually balances through any infl/hyperInf & does so across currency & culture on low time pref to mrkt demand:
Bricks = Bricks
Work = Work
In time,
#RE
will harmonise with
#Bitcoin
🍊
@leonwankum
real estates and bitcoin should not be seen as different asset classes.
bitcoin will help to cut off the middlemen when it comes to property and ownership.
@leonwankum
Yes they will coexist and can create massive opportunities by having both on your balance sheet. Sell real-estate in bear markets for btc holding for 4yr cycle and then reinvest
@leonwankum
How can somebody who claims to be in RE say that real estate is a store of value?? It produces cash flow - it’s a business like any other business which generates profits.
Bitcoin generates no cash flow!
What shall this imaginary monetary premium be???