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Leon
@leonwankum@BitcoinNostr.com
npub1v5k4...8rd9
Bitcoin. Real Estate. Philosophy & Ethics. Proof-of-Work. Newsletter: leonwankum.substack.com
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leonwankum 2 years ago
Easy morning, every morning. Collecting our thoughts #[0]#[1] image
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leonwankum 2 years ago
Just landed for the #BTC23. Miami, it’s good to be back 💫 image
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leonwankum 2 years ago
A beautiful civilization needs beautiful money. #Bitcoin is beautiful 💫
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leonwankum 2 years ago
#Bitcoin serves as an excellent hedge against the threat of war, destruction, taxation and confiscation. It is easily portable, noncustodial, censorship-resistant, divisible, durable, and easy to move or liquidate in times of crisis. It is the ideal store of value.💫 Photo: Jewish children seeking refuge while proudly showing their "number tattoo”, which every prisoner in Auschwitz received (July 1945). Photograph from AKG. image
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leonwankum 2 years ago
MicroStrategy famously borrowed to buy bitcoin. #RealEstate investors are experts in raising outside capital and predestined to copy this strategy. Fully leased properties are the perfect collateral for borrowing to buy bitcoin, as the rent generates cash flow. BTC never has to be sold to pay off debts, instead the rental income can be used to do so.
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leonwankum 2 years ago
Borrowing inflationary #money ($, €, ¥) to buy disinflationary hard money (#bitcoin) is one of the greatest business opportunities of our lives. image
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leonwankum 2 years ago
With #Bitcoin you can free yourself from a failing system that is trying to stay alive at the expense of everyone else.
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leonwankum 2 years ago
Just about to head to the opening of #BitcoinBlockMunich. One of the first physical places here in Germany that gives people the opportunity to experience and study Bitcoin. Had a blast doing a live podcast with #[1]​ for the „soft-opening“ yesterday. The #Bitcoin community in Europe is growing 💫
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leonwankum 2 years ago
In the 6th edition of The Bitcoin Newsletter, I take a look at the excellent report that Trammell Venture Partners recently published on the native Bitcoin startup ecosystem and talk about the #Bitcoin VC space. 👇 Like the Internet, Bitcoin will accompany every aspect of our lives. The companies that will set up the relevant infrastructure and offer services are currently being established (built). Going forward, these will be among the most valuable and important companies in the world. What most “crypto” investors fail to understand is that the innovation and future productivity associated with it resides in Bitcoin and not the blockchain itself. In my opinion, this misunderstanding is a result of decades of loose monetary policy, which has led to market participants having a distorted view of reality and being unable to allocate capital properly. However, I find it fascinating that in a market environment where #Bitcoin  is in a bear market, investment in Bitcoin #startups is at an all-time high. This shows the growing willingness of investors to allocate capital to the Bitcoin ecosystem. In addition, the diversity of the start-up landscape shows that there are great applications of #Bitcoin  ahead of us. The Internet of Value is beginning to unfold: https://leonawankum.substack.com/p/the-bitcoin-newsletter-6-venture-capital image
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leonwankum 2 years ago
Fighting the ego on this Bitcoin journey. Remembering to stay within 💫
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leonwankum 2 years ago
#Bitcoin is digital real estate accessible to everyone 💫
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leonwankum 2 years ago
#Bitcoin is meant for those for whom the power it brings is meant for. #fiatlast
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leonwankum 2 years ago
Inflation is worse than you think and #Bitcoin better than you believe. Great piece by Bitcoin Apex (#[1]) at the Swiss Bitcoin Conference. image
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leonwankum 2 years ago
Rapper #NipseyHussle was one of the first ‚mainstream’ artist to embrace #Bitcoin. In the outro of "That's How I Knew", a song on his mixtape "Mobile Money" (2014), he addresses the technological changes that were imminent at the time: „Life, and it's like, you know, You can look a gift horse in the face and not know what you lookin' at And I feel like, you know, I'm lookin' at the gift horse I'm just one of the ones that notice what I'm lookin' at You know what I mean? It's actually an incredible time It's like a gold rush, it's never been a time like this in our generation It's our equivalent of the Gold Rush with everybody movin' to California This technology has empowered everybody And it's giving people, you know, it's as big as you wanna make it and You know, it's as far as you take it And we can quote a gang of things going on in the world right now Or just, you know, accept it as being true But, you know, it's like, man, giants gon' crumble Big-big companies gon' crumble New companies gon' pop up outta nowhere and it's-it's gon' be dramatic And I believe that“ Back then I was listening to Nipsey while falling down the rabbit hole. Writing my master thesis on Bitcoin. Today we witness what he envisioned. While legacy banks are tumbling, Bitcoin is getting stronger and stronger. R.I.P. image
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leonwankum 2 years ago
As a digital property, bitcoin will create a financial system where owning property and using it to store value and build wealth will be far more accessible than it is today. This will enable greater productivity in the global economy.
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leonwankum 2 years ago
I've just had the pleasure of speaking on behalf of #[0] about Austrian Economics at Utrecht University. It was exciting to infiltrate the fiat academia and give the students a different perspective and thus give them the opportunity to understand #Bitcoin. image
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leonwankum 2 years ago
#Bitcoin and #realestate go hand in hand. One is an illiquid, but physical income-generating asset and the other is a highly liquid, digital asset. We're living in a transitional period, so it's great to take advantage of real estate investment incentive structures while also considering Bitcoin's asymmetric risk-reward potential (@npub18678fyrar7f:werc63a70qw02kgq).
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leonwankum 2 years ago
Real Estate & Bitcoin: MAINTENANCE. 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. Bitcoin is the perfect money to build maintenance reserves as it is disinflationary (meaning there will be less supply over time). When demand increases and supply remains nearly constant, the price increases. This means that bitcoin gives you increased purchasing power in the long term, for example for maintenance and modernisation measures. Maintenance and modernisation are important in order to maintain the value of a property. In addition, regulation and ESG requirements will increasingly force property owners to “modernise” in the future. Which Is likely to increase property maintenance costs over time. This way you can continue to secure your income, have the necessary money to pay off any debts (real estate is usually financed with loans, the income is needed to pay off the debt), but at the same time accumulate bitcoin Build and manage your bitcoin treasury with care. Bitcoin is very volatile. It's important to only convert part of the rental income into bitcoin (5-20%) so that there are always enough liquid reserves to be able to service ongoing maintenance costs and debts. Start stacking … [Lunch atop a Skyscraper, 1932] image