The opportunity cost of buying a #house is not being able to buy bitcoin. A bad deal. #RealEstate cannot compete with bitcoin as a store of value. The latter is rarer, more liquid, easier to move and harder to confiscate.

European Bitcoiners

Bitcoin vs Real Estate: What is the Superior Store of Value?

Real estate cannot compete with bitcoin as a store of value. Bitcoin is rarer, more liquid, easier to move and harder to confiscate. Leon A. Wankum

Buy bitcoin. Defund the state. 💫 🕊️

In times of doubt, retreat and refocus. 💫

I started this morning, like most, with a meditation and breathing exercise session. I try to remind myself every morning why I am here and connect to the cosmos by connecting to my inner voice. Today it is humility that I needed to be reminded of... Thank you souls for inspiring us on Nostr by sharing your thoughts and journeys.

As an actual store of value, Bitcoin will absorb the monetary premium that #realestate has accumulated under decades of an inflationary monetary regime and deflation will cause prices to drop over time. Under a Bitcoin standard, #housing will become affordable, as it should be. View quoted note →

Germany has put a cap on rents, which have risen enormously due to inflation. This is a mistake. A price ceiling creates a shortage of the good in question, because it’s production becomes unprofitable. Since the reason for the rent control is to make it easier to find housing, the removal of apartments from the market is not a sensible nor effective policy. #Bitcoin fixes this.

Bitcoin radically changes the housing market for the better.

As accessible collateral, bitcoin will create a financial system where owning collateral and using it for credit will be far more accessible than it is today. This enables greater productivity and efficiency in the global economy. The improved lending systems in the West over the past centuries enabled economic actors to discover and realise the potential of their economic activity and generate additional productivity. Fiat money has distorted this system. Bitcoin will restore it and expand it around the world.

By functioning as an actual store of value, bitcoin will absorb the monetary premium that real estate has accumulated over the past decades due to the broken monetary system. In addition, housing will become cheaper over time due to deflation. Under a Bitcoin standard, housing will eventually collapse to its utility value, as it should.

#NipsyHussle was talking about #Bitcoin in 2015. His interviews, music and statements carried me through my own Bitcoin journey. #RIP TMC

Shabbat shalom everyone.

and I won’t stop. View quoted note →

Best decision I ever made was to sell my stocks & etfs, put that money into #bitcoin and use my time for reading and writing.

RIOT looking 👍

When was the last time you focused on your breathing?

Ice bath with a view. 💫 @BreathWorxx @Theresa Prinz @Verismus

#Bitcoin means sovereignty.

In the 11th edition of „The Bitcoin Newsletter“, I explain why #bitcoin is a possession (not property), examine the principles of property rights, explore the significance of Bitcoin's control structure, and discuss how Bitcoin protects individual freedom in the digital age. #TheBitcoinNewsletter https://leonawankum.substack.com/p/the-bitcoin-newsletter-11-self-sovereignty

#Bitcoin is a possession, not property.

„Nothing can be more welcome than depriving government of its power over money“ — F. A. Hayek; 1974. Taken from the „Denationalisation of Money“.