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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 1 year ago
Once bitcoin is fully monetized and becomes the world’s reserve currency, its value would represent global productivity, acting as a global index of productivity. Bitcoin’s change in value would be related to the world's economic output, with its purchasing power adjusting to the economic climate. The price will rise with expected productivity gains and fall in line with expected losses, such as after natural disasters. This transformation will take a long time, possibly decades or even a century, to fully materialize. But it will happen!
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leonwankum 1 year ago
In the 26th edition of my newsletter, I explore the history and mechanisms that enable Bitcoin and Nostr to act as catalysts for innovation and human progress. I would like to thank @UNCLE ROCKSTAR for the inspiring discussions and encouraging words. What began as a conversation before my trip to Nostrica led to months of introspection and ultimately this article. I would also like to thank @gsovereignty for his work with Nostrocket and our exchange of ideas that led to the publication of this piece! I look forward to exploring and understanding the possibilities of Nostr deeper as I continue my journey.
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leonwankum 1 year ago
What if Bitcoin goes up forever? 🌎 In this brilliant article, @JB explains how criticisms of Bitcoin—like speculation and the unproductive use of capital—mirror what the fiat system has done to housing. I’m thrilled to have Joakim on board as editor for my upcoming book, where we also explore this! Read the full piece here:
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leonwankum 1 year ago
How do I zap from Europe (no KYC)? Which client do I need to use?
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leonwankum 1 year ago
This was Ludwig von Mises' attitude toward government and the press in the early 1930s. It seems that not much has changed :) image
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leonwankum 1 year ago
I'm currently in the process of writing the third and final chapter of my book "Digital Real Estate". In Chapter 3, I will examine how a hypothetical Bitcoin standard would change #lending practices: Under a Bitcoin standard, debt denominated in bitcoin would increase in value over time due to bitcoin's disinflationary nature and limited supply. This requires careful consideration of the amount of debt one is willing to incur. While a Keynesian would argue that such a system could harm short-term productivity by discouraging borrowing, this view overlooks a crucial long-term benefit: A Bitcoin standard encourages more responsible economic behavior by compelling individuals and businesses to carefully evaluate their financial decisions. This shift addresses a significant issue in the current fiat system, where individuals and institutions are often incentivized to take on excessive risk and accumulate unnecessary debt, while savers are penalized as the money supply increases and purchasing power of savings decreases. By fostering accountability and prudent decision-making, a Bitcoin standard can lead to a more stable and disciplined economic environment. #DigitalRealEstate
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leonwankum 1 year ago
As bitcoin mining technology advances and its economic benefits for real estate become more apparent, we're likely to see a wider integration of bitcoin mining into #realestate infrastructures.
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leonwankum 1 year ago
It's always a great feeling to send bitcoin to a Bitcoiner.
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leonwankum 1 year ago
Good morning, today I will start working on my first Long Format Nostr article to share my slides from Riga with you! image
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leonwankum 1 year ago
I uploaded the individual slides of my presentation in Riga to X. I will upload them to my website as well. But what is the easiest way to share the slide deck on Nostr? Should I just upload the PDF file?