@leonwankum
Leon Wankum
2 months
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…
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@JBCaesar
xBitcoin.x
2 months
@leonwankum As capital bleeds from real estate to bitcoin, the quality of real estate will have to improve to compete (build quality and aesthetics)
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@leonwankum
Leon Wankum
2 months
@JBCaesar Yes. I believe the only way to ensure this is to use #bitcoin to build maintenance reserves for modernization measures etc.
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@tomkaradza
Tom Karadza
2 months
@leonwankum #Bitcoin will make the whole real estate industry produce better product. Great post. 🔥🔥🔥
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@leonwankum
Leon Wankum
2 months
@tomkaradza Thank you Tom. I firmly believe so also!
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@JoshVehovic
Josh Vehovic
2 months
@leonwankum What do you think the timeline is for this? I think this happens slowly over 50 years unless something really bad happens, which 🤷‍♂️
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@leonwankum
Leon Wankum
2 months
@JoshVehovic Sounds reasonable. 20-30, maybe 50. 👍
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@andycdinh
Andy C. Dinh
2 months
@leonwankum How soon do you think BTC is accepted as payment by a major RE company?
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@leonwankum
Leon Wankum
2 months
@andycdinh As soon as it is as easy to accept as fiat. Hopefully Zaprite will be able to provide a tailor made solution.
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@BitcoinVanguard
Bitcoin Vanguard ⚡️
2 months
@leonwankum Very well said.
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@leonwankum
Leon Wankum
2 months
@BitcoinVanguard Cheers. 🙏
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@ChrisDrz
Chris Drzyzga | Commercial Real Estate
2 months
@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…
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@FiatHawk
FiatHawk
2 months
@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).…
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@AThrouvalas
Andrew Throuvalas 🟠💊🔑⚡️
2 months
@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.
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@anon_hodler
Anon Bitcoin Hodler
2 months
@leonwankum Maybe yields will make sense again?
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@jabulanijakes
Jabulani Jakes
2 months
@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 🍊
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@Blckswncapital
Blckswn
2 months
@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.
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@CoinWhale2
CoinWhale
2 months
@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
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@Mihalbig
Michael H
2 months
@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???
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@KarthikSola1
Kar
2 months
@leonwankum This is a good view
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