Latest WBD should have been 3 hours long, at least. @Peter McCormack @preston

Imposing idiosyncratic subjective value. View quoted note →

@jimmysong perfectly sums things up. Store of value is king, everything else is downstream. The biggest buck in the SoV game right now is #realestate and taking it down requires ZERO new stuff; just 1) BTC, 2) strong custody solutions, and 3) sound business policies. With those, the entire fiat monetary premium in #realestate can be transmuted to BTC (see @preston and @Leon ), transforming the physical structures from financial instruments themselves to equipment on the balance sheet of a real estate operating company. Owners still get a dividend and protect their wealth over a 5-10 year period (typical deal length in commercial RE). I think this is the most logical objective for all hodlers: climb the store of value ladder as fast as possible. No funky tokens, no changes to the protocol, just the 3 things mentioned above. View quoted note →

Everyone in the real estate industry, especially those who are fiduciaries, need to listen to the recent discussion between @Leon and @preston. I just got off the phone with one of my owners and he is ready to leverage his property for $1MM to smash buy, set up a multi-sig, and begin DCAing with extra cash flow. He immediately understood the proposition in transmuting value from the physical structure into bitcoin and focusing on driving up the value of the shares of his ownership entity, a la @Michael Saylor and MSTR. The building is not the financial asset in and of itself, it is PP&E on a balance sheet. Owners are ready to have these discussions. Not all will act, but they are ready to listen, so as bitcoiners we need to present the issue. Taking down real estate as the main global store of wealth has to be our goal and now is time to get started. Emphasize 5-year time horizons, start with conservative strategies, be ready to aggressively scale. For this owner, I sold him on the concept by showing him the @Michael Saylor podcast with Nik Bhatia on corporate finance and the Fidelity white paper on adoption curve valuation. Find the right combination for your intended target audience. Make the pitch. A $300 trillion market cap is much closer than people think.