quoting note13ls…nxjnBitcoin & Real Estate – I’m working on a book. 📖
In 2012, during my philosophy studies, I heard about Bitcoin for the first time. Since 2016, I have been working full-time in the real estate industry. For a long time I thought that real estate and Bitcoin didn't have much in common. But, this is not the case.
Bitcoin and real estate are similar in many ways: hard, tangible, scarce. Scarcity has quite a lot to do with the value of things, which is why certain unique pieces of art are worth so much and why real estate in a densely populated area is more expensive than in a non-densely populated area (surferjim , 2020).
Yes, RE has utility value because people pay rent to live in it or use it for production, but the value is primarily determined by the limited supply of building land.
Bitcoin’s appeal also stems from the fact that its supply is limited. There will never be more than 21 M bitcoin.
As a store of value, real estate competes with bitcoin. The properties associated with bitcoin make it an ideal store of value.
The supply is finite, it is easily portable, divisible, durable, fungible, censorship-resistant and noncustodial. Real estate cannot compete with bitcoin as a store of value. Bitcoin is rarer, more liquid, easier to move and harder to confiscate. It can be sent anywhere in the world at almost no cost at the speed of light.
This could have two consequences:
1. Bitcoin could reduce demand for real estate by acting as an easily accessible store of value that people may prefer to use for savings rather than real estate.
2. Real estate might lose the monetary premium it has accumulated in an inflationary financial system, which could flow into #bitcoin. A superior store of value.
I have developed explicit strategies for real estate investors to integrate Bitcoin into their existing business processes. So that they can benefit from the digital disruption that Bitcoin represents
Now I would like to take the time and compile the relevant articles that I have published into a book.
The overall purpose of this book is to make people aware of the disruption that Bitcoin could bring to the real estate industry because it is a superior store of value. I will share the strategies I developed so that entrepreneurs can apply them in their businesses. I will also highlight the positive social and economic disruption caused by Bitcoin's digital disruption.
The target audience of my book are RE investors and developers with an in depth knowledge about finance that want to understand why and how Bitcoin is going to disrupt the #realestate business and what particular strategies they have to learn and apply in order to benefit from this technological paradigm shift.
A second target audience is people who have in-depth knowledge of Bitcoin and are interested in learning how it will revolutionize the real estate industry, the largest asset class in the world. Its disruption will therefore have fundamental implications for the global financial system and societies worldwide.
Real estate is the world's most important store of value and the preferred form of collateral when banks lend money. Bitcoin will likely take on this role in the future.
Digital Real Estate is thus the working title of the book.
#Bitcoin #Realestate #DigitalRealEstate #book
zeitsprungbtc on Nostr: Absolutely certain this will be a great read for non-investors, too. Go Leon! 💪 ...
Absolutely certain this will be a great read for non-investors, too. Go Leon! 💪 can‘t wait