2024-12-14T00:58:42Z https://yabu.me leonwankum https://yabu.me/npub1v5k43t905yz6lpr4crlgq2d99e7ahsehk27eex9mz7s3rhzvmesqum8rd9 https://cdn.nostr.build/i/69e75defa0c76d375e853e20b561afd33e49adb3ab73d701b91b9f489b349aea.jpg https://cdn.nostr.build/i/69e75defa0c76d375e853e20b561afd33e49adb3ab73d701b91b9f489b349aea.jpg https://yabu.me/nevent1qqsptvmdhz3rv0900r6demxjsf4rq8jxykffr5t0wz7apcy4lqqpckgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq7q27f8 My latest newsletter is out! 🧡<br/><br/>Periods of uncertainty tend to reveal how systems function. Geopolitical conflict, fiscal pressure, and monetary expansion are not isolated events, they are part of a recurring cycle that has shaped financial systems throughout history.<br/><br/>In this 36th edition, I examine how these dynamics affect property, wealth preservation, and why Bitcoin’s design offers a different framework for navigating an increasingly uncertain world.<br/><br/><a href="https://leonwankum.substack.com/p/why-bitcoins-properties-matter">https://leonwankum.substack.com/p/why-bitcoins-properties-matter</a><br/> 2026-03-17T11:08:30Z https://yabu.me/nevent1qqs9ttrtxvumtyjxceqpsawsjmh2s0ea5l6estysfl60w5usxnuk02qzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq7xf0n9 <br/>My written pieces are finally also available on Nostr. <br/><br/>Big thanks to <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsgqke57uygxl0m8elstq26c4mq2erz3dvdtgxwswwvhdh0xcs04scpzfmhxue69uhhqatjwpkx2urpvuhx2ucpz4mhxue69uhkummnw3ezumrzv3jhvtnxw4hq4a8gzf" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>paulinthejungle</span> (<span class="italic">nprofile…8gzf</span>)</a></span> for setting up <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsr605s2k9kp3gl8r4w2ytjrp9hau7xxuym3pjre4vyh4z66w3qfqcpr9mhxue69uhkummnw3ezuer9vdjkuar0deujucm0d5q3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5tgjj58" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>ownyourposts</span> (<span class="italic">nprofile…jj58</span>)</a></span> 🫡💫<blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/naddr1qpqxcet0demkzmntw4kj6um4vfehgctrdvkkxmmd94cz6cnfw33k76tw943hjcmvv4ej66r0wukhyetnd9kxjetwvdjj66tn943826tvwspzqefdtzk2lgg947z8ts87sq562tnam0pn0v4anjvtk9apz8wyehnqqvzqqqr4gu8qjksl" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">naddr1qp…jksl</a></span> </div> <p>Welcome to the 35th Edition of The Bitcoin Newsletter</p> <p>Welcome to the first edition of the newsletter for the year. I hope you’re all doing well and starting the year grounded and clear-headed. HODLing isn’t about technical knowledge or market timing, but mental resilience, staying calm in times of perceived chaos and keeping a long-term perspective when things feel uncertain.</p> <p>Moments like these are where conviction is built. They’re easy to overlook in hindsight, but they matter. And when people later say it was “luck,” remember: not everyone is willing to sit through the uncomfortable parts. This is where the work is done.</p> <p>Bitcoin is once again doing what it always does: confusing expectations while following its own logic. As each cycle unfolds, new theories emerge to explain why <em>this time</em> will be different — why price should only go up, and why the system has matured past volatility. And yet, bitcoin continues to move to its own rhythm.</p> <p>In this edition, I want to explore why bear markets are not a failure of Bitcoin, but a prerequisite for its survival. Unlike debt-based monetary systems that suppress pain and accumulate fragility, Bitcoin periodically sheds excess leverage, resets expectations, and emerges stronger. These cycles of expansion and rest are not signs of weakness — they are how resilience is built.</p> <p>Understanding this dynamic is essential, especially as we approach another psychologically difficult phase. Bitcoin doesn’t break under pressure. It becomes stronger. And that is precisely why it lasts.</p> <p>Best regards,</p> <p>Leon</p> <p><strong>DEEP DIVE</strong></p> <hr> <p><strong>Bitcoin Cycles: How Resilience Is Built</strong><br> <strong>1. Bitcoin Moves to Its Own Rhythm</strong></p> <p>Bitcoin follows a rhythm that is fundamentally different from other asset classes. It appears to move in recognizable cycles, yet in hindsight these cycles are never as clear or predictable as they seem in the moment. Each phase only becomes truly legible in retrospect, revealing how easily patterns are overinterpreted and how quickly past lessons are forgotten.</p> <p>This recurring misjudgment leads market participants to take on excessive risk. Speculation, after all, is a natural human impulse. Each cycle invites new interpretations. What this reveals more than anything else is a recurring human tendency: we forget the lessons of the past remarkably quickly.</p> <p>Bitcoin is where this behavior breaks. While fiat systems can be manipulated to accommodate human greed and sustain speculation far beyond reasonable limits, Bitcoin does not allow this. When speculation becomes excessive and unproductive, price corrects sharply. This process punishes non-viable business models, sheds leverage, and forces reality back into the system. What appears as weakness is, in fact, resilience being built.</p> <p>This is not randomness. It is the outcome of a system free from political incentives, central planning, and short-term stabilization efforts. Bitcoin operates according to fixed rules, not rulers.<br> <strong>2. Why Bear Markets Are Inevitable — and Necessary</strong></p> <p>A bear market in Bitcoin is not a sign of failure. It is an essential mechanism.</p> <p>In a debt-based fiat system, excess leverage is rarely allowed to clear. When problems arise, new money is created to paper over structural flaws, pushing instability further into the future. This guarantees larger and more painful collapses later on.</p> <p>Bitcoin works differently. It <em>must</em> periodically wash out leverage. Speculative excess, unrealistic expectations, and weak conviction are cleared through drawdowns. This process is uncomfortable, but it is precisely what prevents systemic collapse.</p> <p>If bitcoin never corrected, it would face two existential risks:</p> <ol> <li>Becoming cornered and politically manipulated, like gold and silver.</li> <li>Accumulating fragility until the system itself breaks.</li> </ol> <p>Bitcoin avoids both by resetting instead of snapping. Its cycles of expansion and contraction resemble those of an athlete preparing for competition: periods of intense exertion followed by necessary rest. Without recovery, performance collapses. With it, strength compounds.</p> <p>The graphic below illustrates Bitcoin’s classic wealth transfer mechanics: downward price moves trigger capitulation from weaker hands (leveraged, short-horizon, fear-driven sellers), forcing coins into the hands of stronger accumulators (unleveraged, patient, conviction-based holders).</p> <p>This self-reinforcing loop reduces future sell pressure, concentrates ownership among durable long-term participants, and builds a resilient, stabilized base ready for the next expansion phase.</p> <p><img src="https://blossom.primal.net/f57d1c2040ab70e1574e8192b16dbebf3a87d7ce925a21ce2068d4a4c3d7a232.jpg" alt=""/></p> <p>Source: <a href="https://x.com/IIICapital/status/2018765001582903522">Joe Burnett, The Mechanics of Bitcoin Wealth Transfer, 2026</a></p> <p><strong>3. The Psychology of the Coming Phase</strong></p> <p>This phase is not defined by fiat drawdowns alone. The real challenge will be psychological.</p> <p>We may see environments where fiat-based narratives outperform — AI-driven equities, rising gold and silver prices, or credit-fueled business models thriving. Measured against these illusions, bitcoin may appear weak, even falling when priced in gold or other inflated benchmarks.</p> <p>For newer participants, this creates confusion. Why does bitcoin lag while everything else pumps? Why does the “hardest money” underperform assets fueled by fiat?</p> <p>From the perspective of the Austrian School of Economics, this is exactly what we should expect. Assets tied to the fiat system rise because newly created money enters the economy through credit expansion, central bank asset purchases, and subsidized lending. Gold and silver behave as fiat assets today because their markets are cornered, financialized, and actively managed by institutions that can print money to stabilize or support prices. Equities benefit as liquidity is injected into financial markets, real estate rises as credit is extended through mortgages.</p> <p>In this sense, gold functions as a reactive asset—responding to stress and uncertainty within the existing system—rather than providing a new anchor. Bitcoin, by contrast, offers an alternative foundation outside that system. And it takes time for the market to understand that.</p> <p>Bitcoin does not participate in the fiat system. It cannot be printed, bailed out, or politically directed. Instead, it follows a natural process of malinvestment and correction, flushing out excess leverage and reconnecting price with real demand. In the short term, fiat-linked assets can outperform. This is where many give up. And historically, this moment of maximum psychological discomfort is exactly when bitcoin rebuilds its foundation. Over the long term, bitcoin’s absolute scarcity and fixed unit of account reassert themselves—and capital migrates back to the hardest money.</p> <p><strong>4. Why Bitcoin Must Reset Expectations</strong>As Wall Street’s involvement in Bitcoin deepens, new structural forces enter the system. These forces do not replace Bitcoin’s natural cycles, but they <em>interact</em> with them—often amplifying both upside and downside. Leverage, derivatives, and institutional narratives introduce short-term fragility, yet paradoxically they also accelerate Bitcoin’s self-correcting process.</p> <p>Traditional finance is built on the assumption that assets can be stabilized, managed, and controlled through liquidity, derivatives, and narrative coordination. When large TradFi players entered Bitcoin, many implicitly assumed the same tools would work here. They don’t. Bitcoin does not accommodate prolonged leverage. It forces expectations to reset.</p> <p>Leverage and derivatives are the clearest examples. Futures and perpetual markets can magnify price moves, but they cannot suppress reality. When leverage builds too aggressively, Bitcoin responds by flushing it out. The recent sharp decline in futures open interest reflects this process: not chaos, but disciplined deleveraging. Positions are unwound, excess risk is removed, and price reconnects with genuine demand. This is not a failure of the market, it is the market functioning as designed.</p> <p>Adjacent narratives add further pressure. As speculative trades weaken elsewhere, whether in AI-driven equities, credit-fueled growth models, or overextended mining strategies, capital constraints emerge. Some participants are forced to sell bitcoin not because the thesis is broken, but because leverage and financing assumptions were wrong. Bitcoin does not provide bailouts. It demands reassessment.</p> <p>This is precisely why resets are necessary. Without them, bitcoin would risk becoming cornered, managed, or politically sensitive like gold, silver, real estate or other financialized assets. Instead, it repeatedly reasserts its nature: no central authority, no rescue mechanism, no permanent suppression of risk. Expectations that drift too far from reality are corrected, sometimes brutally, but always decisively.</p> <p>Wall Street’s influence does not weaken Bitcoin. It stress-tests it. Each reset strips away actors who rely on control rather than conviction, leaving behind a stronger base of holders aligned with Bitcoin’s rules, not narratives. Bitcoin doesn’t adapt to institutions. Institutions are forced to adapt to Bitcoin.</p> <p>That is why these phases feel uncomfortable and why they are indispensable.</p> <p><strong>5. Bitcoin as a Self-Correcting System</strong></p> <p>Bitcoin is an intelligent system, not because it thinks, but because it adapts through incentives.</p> <p>Price is the outcome of subjective human action. Expectations overshoot, optimism turns into excess, and excess must be corrected. Bear markets realign valuation with reality. What remains afterward is a stronger, more informed holder base with long-term conviction.</p> <p>Each cycle leaves bitcoin with:</p> <ul> <li>Higher lows</li> <li>More robust infrastructure</li> <li>A more resilient demand curve</li> <li>A higher hashrate</li> </ul> <p>Over long time horizons, Bitcoin absorbs new fiat, captures monetary premium, and reflects rising productivity. Its long-term trajectory is best described by a power-law, not because it is guaranteed, but because its design continuously filters out fragility.</p> <p>Bitcoin doesn’t avoid stress. It metabolizes it, this is the essence of its monetization.</p> <p><strong>6. Transition Is Disorderly, but Inevitable</strong></p> <p>The transition from fiat to Bitcoin will not be smooth. It will feel chaotic, marked by volatility, false signals, and moments when the old system appears stronger than the new. And, in the end, there will not be a single dominant system. We are moving toward a world with two parallel systems: fiat and Bitcoin.</p> <p>However, the fiat system, despite likely lasting longer than many expect due to deep institutional entrenchment and the Lindy effect, is increasingly unstable. Bitcoin, meanwhile, absorbs and monetizes this volatility, arising from the tension between rapid technological progress and societal decay.</p> <p>Bitcoin becomes more resilient as the surrounding system weakens, potentially acting as a pressure valve that helps mitigate severe crises and enables sovereign individuals and groups to operate freely. This process will be gradual rather than abrupt, and in hindsight it will appear inevitable.</p> <p>Bear markets, therefore, should not be feared. They should be anticipated, prepared for, and embraced. They are not Bitcoin’s weakness, they are the reason it survives.</p> <p><strong>WORTH TO KNOW</strong></p> <hr> <p><strong>Podcast and publications</strong></p> <p>I’m keeping public appearances to a minimum at the moment to focus on writing. Over the past few weeks, I’ve only participated in a single livestream. I’ll resume sharing my thoughts more actively starting at the end of April, with the Bitcoin Conference in Las Vegas.</p> <p><strong>Gary Cardone Debates: Home Ownership vs. Bitcoin</strong>Gary Cardone and his brother Grant, well-known real estate investors and entrepreneurs, are now avid Bitcoiners. For the second time, Gary invited me to join a discussion. This roundtable with real estate investors focused on why bitcoin may be superior to homeownership as a long-term store of value. I joined the conversation around minute 15 and contributed intermittently throughout. <a href="https://x.com/leonwankum/status/2013733387035635915?s=20">WATCH</a><strong>Ijoma Mangold and Niko Jilch in a recent “Was Bitcoin bringt” podcast (German)</strong>Niko Jilch and Ijoma Mangold explore Germany’s/Austria’s slow erosion of substance and Europe’s regulatory gridlock versus agile hubs like Singapore and El Salvador. They argue that prioritizing moral superiority hastens economic decline, note a pragmatic “vibe shift” in the younger generation beyond the Greta era, and emphasize genuine private property as the foundation of freedom. <a href="https://www.youtube.com/watch?v=6GFHMPEFCTY">WATCH</a></p> <p><strong>Podcast Highlight: James Check on Bitcoin’s 2025 Weakness &amp; 2026 Outlook</strong>On-chain analyst James Check (Check on Chain) explains 2025’s underperformance via massive long-term holder selling (75% of profit-taking from aged coins), life-stage liquidations, $100K psychology, and rotations to gold/Nvidia — creating heavy headwinds despite institutional demand. For 2026, he sees sell pressure fading, demand rebounding (ETFs + Strategy’s 11% Stretch), macro tailwinds, and Bitcoin undervalued vs. other assets—positioning for upside, though near-term dips to high-60s/low-70s remain possible. <a href="https://www.youtube.com/watch?v=k1nNjWg0Sxk">WATCH</a></p> <p><strong>IDEAS OF INTEREST</strong></p> <hr> <p><strong>SightBringer and Jeff Walton on Bitcoin, Computation &amp; Money:</strong> In a world where machines increasingly mediate economic decisions, money must live inside computation. Bitcoin’s digital, self-verifying nature allows it to be modeled, priced, and settled by machines—something physical metals simply cannot do. <a href="https://x.com/_The_Prophet__/status/2016349333487288404?s=20">READ</a></p> <p><strong>“The Mechanics of Bitcoin Wealth Transfer” graphic by Joe Burnett:</strong> illustrates how, during price declines, short-term, leveraged holders are forced to sell, while long-term, unlevered investors step in to buy. Bitcoin moves from weak to strong hands, stabilising the market.<a href="https://x.com/IIICapital/status/2018765001582903522">READ</a><strong>The COVID Response Failure:</strong> A sharp thread arguing that the failures of the COVID response are not anomalies, but the result of three structural features of modern power—features that implicate the entire system, not just a single moment in time. <a href="https://x.com/_The_Prophet__/status/1999914958952542655?s=20">READ</a></p> <p><strong>Four Market Divergences: The Price of Uncertainty Is Rising:</strong> In his new analysis, Sam Callahan highlights four striking market divergences signaling rising global uncertainty: (1) rising term premiums in bonds even as inflation expectations fall, (2) gold decoupling from bitcoin as a traditional hedge, (3) precious metals (gold and silver) showing different performance patterns amid monetary changes, and (4) bitcoin behaving uniquely compared to both bonds and precious metals—potentially making it a stronger hedge. Together, these signals point to bitcoin standing out as a top asset in times of economic volatility and shifting monetary systems. <a href="https://x.com/samcallah/status/2016966070284980687">READ</a></p> <p><strong>Gold/Silver Leverage Unwind:</strong> Gold crashed ~20% and silver ~30% in a single day, vaporizing trillions as over-leveraged positions—piled into by institutions and sovereigns—unwound in a brutal margin-call cascade, exposing the fragility of any asset treated as uncrashable within the fiat system. This violent deleveraging snap is textbook Austrian malinvestment: easy credit, moral hazard, and speculative excess turning supposed stability into systemic risk. <a href="https://x.com/Whale_Guru/status/2017299691076198441">READ</a></p> <p><strong>BlackRock’s filing for the iShares Bitcoin Premium Income ETF</strong> signals the next evolution of Bitcoin products, shifting from pure price tracking to structured yield generation via covered calls on its massive IBIT ($70B+ AUM). This underscores deepening institutional commitment to bitcoin as foundational, long-term infrastructure, monetizing volatility for income while scaling adoption. <a href="https://x.com/_The_Prophet__/status/2015998549113372973?s=20">READ</a></p> <p><strong>Machines Will Choose Bitcoin Over Metal — And It’s Already Obvious in Hindsight:</strong> Computers favor bitcoin because its risk is far more calculable (lower standard deviation, deterministic supply, transparent volatility) than physical metals, which lack native abstraction, APIs, or digital integration. As machine-mediated capital allocation dominates, reasoning via clean curves, self-verifying math, and permissionless code, bitcoin’s computable nature makes it the superior collateral for future systems, ending the metal age when assets must “plug in” to thrive. <a href="https://x.com/_The_Prophet__/status/2016349333487288404">READ</a></p> <hr> <p><strong><em>If you want to support me. Feel free. You can send me some satoshi/bitcoin.</em></strong></p> <p>Lightning: law@getalby.com</p> <p>On-chain: bc1qyc9q89wjzmvaw729tj3wsrsfhft53mjycrjxdk</p> <hr> <p><strong>​​Nostr PubKey</strong><a href="https://primal.net/p/npub1v5k43t905yz6lpr4crlgq2d99e7ahsehk27eex9mz7s3rhzvmesqum8rd9">npub1v5k43t905yz6lpr4crlgq2d99e7ahsehk27eex9mz7s3rhzvmesqum8rd9</a></p> <p>X <a href="https://twitter.com/home">@leonwankum</a></p> <hr> <p><strong>Resources</strong></p> <p><strong>SligBringer</strong> - Gold is screaming that the legacy system has no anchor <a href="https://x.com/_The_Prophet__/status/2013034438507012542">READ</a></p> <p><strong>Leon Wankum</strong> - A bear market is inevitable <a href="https://x.com/leonwankum/status/2014745191366746369?s=20">READ</a></p> <hr> <p>Photo Credit: The Law of Opposites</p> <hr> <p>Disclaimer: the content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Make sure you do your own research before making any investment and be aware of your own risk tolerance. If you like to build on my thoughts, feel free, but please cite me as the source. 2026 - Leon Wankum.</p> <p>Editing and content creation by Clemens Haidinger.</p> <p>0A79 E94F A590 C7C3 3769 3689 ACC0 14EF 663C C80B</p> <hr> <p><a href="https://leonwankum.substack.com/subscribe?">Subscribe now</a></p> </blockquote> 2026-02-25T14:23:44Z https://yabu.me/nevent1qqszp5ywkx9yehzfppu6eqmvuaqkgtz2vjqh3nfcyu0uyhmf0hawzxczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqd8s8k5 In reply to <a href='/nevent1qqsdp7ar22t298228d8cz5hk9md7x7jrgwtqqgphq7lfc4p7z4ec62qzv7dyt'>nevent1q…7dyt</a><br/>_________________________<br/><br/>Inflation helps though enforce this illusion ? 2026-02-18T04:10:25Z https://yabu.me/nevent1qqs82y9u6qt4het6wxd93xupcxmkgsgazfgkfu6nq3mquw7ds7uqr0gzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqwxpwxm Newsletter #35 is out 🫡🤝💫<blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqsysvc8nap0ncs8ayzgh57mnu5hlv0s6h829sfux95x9p4ts32ne0cyf8gwd" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…8gwd</a></span> </div> In this edition of my newsletter, I explore why bear markets are not a failure of Bitcoin, but a prerequisite for its survival. <br/><br/><a href="https://leonwankum.substack.com/p/bitcoin-cycles-how-resilience-is-built">https://leonwankum.substack.com/p/bitcoin-cycles-how-resilience-is-built</a> </blockquote> 2026-02-11T09:39:26Z https://yabu.me/nevent1qqsfj2nlr3ta9kz6fy59jeu0e30y7j33qwjepx5c3grum8hx6srs05czypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqur9ncd In reply to <a href='/nevent1qqsxtj4t0uw7rrzta8m58seuagg5auzm5aayx94uzun7sk0df7s9q4sycfmmj'>nevent1q…fmmj</a><br/>_________________________<br/><br/>Thank you 🙏 2026-02-11T09:38:01Z https://yabu.me/nevent1qqsysvc8nap0ncs8ayzgh57mnu5hlv0s6h829sfux95x9p4ts32ne0czypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqawc3rq In this edition of my newsletter, I explore why bear markets are not a failure of Bitcoin, but a prerequisite for its survival. <br/><br/><a href="https://leonwankum.substack.com/p/bitcoin-cycles-how-resilience-is-built">https://leonwankum.substack.com/p/bitcoin-cycles-how-resilience-is-built</a> 2026-02-10T15:24:29Z https://yabu.me/nevent1qqsgt7pwp5getvf28c0txh0jw6q5g46cngq70he7s93t6n683ka0ddqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqaswdwr &#34;A &#39;cosmic accounting&#39; system incorporates the survival values of a life-sustaining environment, the values, in energy and time, of the production of fossil fuels by nature, and the values of a regenerative and adaptive energy system and of renewable materials. Using this system, our present ways of utilizing energy are seen to be ridiculously wasteful.&#34;—R. Buckminster Fuller on Bitcoin 2026-02-09T14:17:40Z https://yabu.me/nevent1qqsxcstgtr6040jkpp2xva54laack6j6kv2ty0vjq0l7935dug7dnngzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqjcwv8h Out tomorrow! <br/><blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qvzqqqqqqypzqefdtzk2lgg947z8ts87sq562tnam0pn0v4anjvtk9apz8wyehnqqys8wumn8ghj7mn0wd68ytn9d9h82mny0fmkzmn6d9njuumsv93k2tcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsqgrmtjtxn2yutd3pkpe6dl2ww9qnk43ynpprxf8mnhvvxst8edpyh57wnyvc" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…nyvc</a></span> </div> My upcoming newsletter “Bitcoin Cycles: How Resilience Is Built” will be released early next week. 🤝<br/><br/><a href="https://leonwankum.substack.com/">https://leonwankum.substack.com/</a> </blockquote> 2026-02-09T10:51:42Z https://yabu.me/nevent1qqs2n9n2jqppaus32y8hdcmkp8m4vcym5pkh6n4s0r4xvxhygm3mghszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqle7v48 Money shapes civilization long before politics reacts to it. Bitcoin’s trajectory does not depend on ideology or permission, but on its ability to coordinate human action more honestly than the systems it replaces. 2026-02-05T14:29:19Z https://yabu.me/nevent1qqs8khykdx5fckmzrvrn5m75uu2p8dtzfxzzxvj0h8wccdqk0j6zf0gzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqgulswf My upcoming newsletter “Bitcoin Cycles: How Resilience Is Built” will be released early next week. 🤝<br/><br/><a href="https://leonwankum.substack.com/">https://leonwankum.substack.com/</a> 2026-02-05T12:38:41Z https://yabu.me/nevent1qqsyt3p5093zccq27eyjzc3p2agnc4smza7mxpset6llrm90lc74w2qzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqdum39a <a href="https://youtu.be/c53F4MNGOrA">https://youtu.be/c53F4MNGOrA</a> 2026-01-17T18:32:03Z https://yabu.me/nevent1qqsxnlvg5vmkndvru5h8pqe9kf7narhfmape2p2h5z80lwqdzjal20szypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqqn6k56 On route. <br/> <img src="https://blossom.primal.net/021338a9178df403998074adc25099c42495b49c236dbba5725d64b017515eea.jpg"> 2026-01-16T10:44:37Z https://yabu.me/nevent1qqs295u483rse8v2v20cndyg7vstzv8gqrr7xvgphqm08h394upv7pgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqgw6skk Back at it. 🥊<br/> <img src="https://blossom.primal.net/1783d72aba87dc4bd83077553672b8f026039ee4ba5cb570c60ed0d54731edc9.jpg"> 2026-01-09T01:55:01Z https://yabu.me/nevent1qqs2w2u4qpurvqxd2k3ykw2nwkmekk5m499f50mdr46kwtjytkphs0czypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqzker02 HNY. <br/> <img src="https://blossom.primal.net/450c0a1ee8dca01ce7bf241857884af7068794a59895328b8de3006a12253b70.jpg"> 2026-01-02T08:50:56Z https://yabu.me/nevent1qqswylu58u7s65qkudt0lc8qrg5tp2sx84j2mzp9jemwf9sq0rshwuszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqgame2x In reply to <a href='/nevent1qqsrn9ekr9ekcc7df5fapyecpgeje02n9s89ylwjqqlhe96zsxym3ygpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgq7xmlc'>nevent1q…xmlc</a><br/>_________________________<br/><br/>👊 2026-01-01T04:06:35Z https://yabu.me/nevent1qqsvmjuw0s3mn6cw4z92faux6shgusgg4jftsgcq0ha45ulfzdpt3gszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqn9umw4 We had a good run.<br/><br/>Time to get back to work. 2025-12-29T12:21:52Z https://yabu.me/nevent1qqstwtv07qpp2k7es2x7v0v7fppt6nrt0xysg2ulk0nu8w24se4hemgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq5p4t8t A society grows great when old men plant trees in whose shade they know they shall never sit.<br/><br/> 2025-12-04T15:00:27Z https://yabu.me/nevent1qqsfvzrj2v3g0uruxgm08tvtzz5jllam0ft4s8rrscev6lkqw582tpczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqw5mkyc My newsletter &#34;The Connection Between Money and Building Culture&#34; is out! This essay is also part of my upcoming book &#39;Digital Real Estate&#39;, a project I&#39;ve been working on for over 2.5 years. The writing process took far longer than expected, as I’ve tested every idea and strategy in practice—but the book is finally scheduled for release in Q2 2026.<br/><br/><a href="https://leonwankum.substack.com/p/the-connection-between-money-and-building-culture">https://leonwankum.substack.com/p/the-connection-between-money-and-building-culture</a> 2025-12-04T10:16:11Z https://yabu.me/nevent1qqs9h592ushvcg3ffly6a6hrl0mj8nn7fa6ge8ah4hxe9dt4ypefaqszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqkxmmw3 Poor design has always existed, but fiat amplifies it by fueling mass production through artificially cheap credit, rigid regulation, and political capture. <br/> 2025-12-02T01:41:29Z https://yabu.me/nevent1qqsfh509upsf53gl772yxwxque4gmlpzrjfn3ky49ydulxpzg3r7clszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqsg0v9q In reply to <a href='/nevent1qqsdnqutg9u4c69xz6lmn2uhz95q35p0p9c4upwkl5zsfgagv0ls8uqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgllskqm'>nevent1q…skqm</a><br/>_________________________<br/><br/>🙏 2025-10-26T19:05:44Z https://yabu.me/nevent1qqsqy6mwv96fq3rlxxw3msq6xx4fywcst06e0jdp8xczg6t9ut0lxvczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq4dq5e0 Mein Vortrag „Die Zukunft von Bitcoin &amp; Immobilien“ vom 3. Bitcoin Forum Bayern ist jetzt als PDF-Slides &amp; Transkript auf meiner Website. <br/><br/>Dort findet ihr alle meine bisherigen Vorträge, Artikel, Podcasts etc. rund um Bitcoin &amp; Immobilien usw., gesammelt aus den letzen Jahren. <br/><br/><a href="https://leonwankum.com/die-zukunft-von-immobilien-und-bitcoin/">https://leonwankum.com/die-zukunft-von-immobilien-und-bitcoin/</a> 2025-10-26T18:52:39Z https://yabu.me/nevent1qqstcq83jp6p5zky8ru2wldzt68r02wr6rkkeny396at6pz65dpwztqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqgwqcnl I just uploaded the 33rd edition of my newsletter, &#39;Bitcoin’s Impact on Global Markets&#39;, to YouTube, this is the second time I’ve released one of my essays as an AI-narrated audio version (based on my own voice).<br/><br/>I’m slowly building out the channel to make my work more accessible. Next week, I’ll also upload some (German) talks from the Bitcoin Forum Bayern, Germany’s biggest Bitcoin conference this year. <br/><br/><a href="https://youtu.be/KZk6QdlzsiA">https://youtu.be/KZk6QdlzsiA</a> 2025-10-17T15:19:17Z https://yabu.me/nevent1qqs27axa4v6chcnxhtctz0rauxf6rk5r3fguqlpsg6keh9ymzkwl3sszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqnanank My newsletter “Bitcoin’s Impact on Global Markets” is out! <br/><br/><a href="https://leonwankum.substack.com/p/bitcoins-impact-on-global-markets-d06">https://leonwankum.substack.com/p/bitcoins-impact-on-global-markets-d06</a> 2025-10-07T11:26:01Z https://yabu.me/nevent1qqswkjd2slna4tzfl2yy5j0ez4k6xc4ke06jx5gh3q5egjmyrtj35zczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqskr8cg I’ve postponed my newsletter on architecture to first tackle the bigger question: What is Bitcoin’s impact on global markets? I’ll dive into that in next week’s issue before zooming back into the micro-level of architecture, construction, and design. Out next week 📧<br/><br/><a href="https://leonwankum.substack.com/">https://leonwankum.substack.com/</a> 2025-10-03T09:18:09Z https://yabu.me/nevent1qqs9jwgdakz4drjssn5exs69vpy7v7a4qalc5pvyr9rnuqvk2h82rpgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq5fcqh2 In reply to <a href='/nevent1qqsynl40rm8yavatsxdsdl33ravrwmvmhwe2w26wa8sjxsqzcqxz7zg5480zs'>nevent1q…80zs</a><br/>_________________________<br/><br/>Indexes + retail 2025-09-19T21:20:21Z https://yabu.me/nevent1qqs824an6a8pcuygmf644kej8gc6wppvnd7q8kfzw6h4u86pm90nmxqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqme83v6 The entire world lives in a perceived reality<br/><br/><a href="https://youtu.be/T5oNkf3spZc">https://youtu.be/T5oNkf3spZc</a> 2025-09-02T07:29:06Z https://yabu.me/nevent1qqsdkuxt9qkfycv5l2ck5ryd9uxu0sgna0krszr083ujs30ptm8p56szypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq3pu5f2 <a href="https://youtu.be/1x15fzvI62s?si=olFtC88C7yaEzoPN">https://youtu.be/1x15fzvI62s?si=olFtC88C7yaEzoPN</a> 2025-09-01T16:12:23Z https://yabu.me/nevent1qqsg0m8n3u4keg8ytkf990khlwmf22kwt34nd9q4h5cr3l6cu9kee2czypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq4wrgjq In reply to <a href='/nevent1qqspw44ykluc4yt2d29ccy9hhtcezphgkq7gvjzv6veguy6uem5lpjspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgugn2fk'>nevent1q…n2fk</a><br/>_________________________<br/><br/> It&#39;s pretty interesting, isn&#39;t it? Have fun! 👌 2025-08-26T07:38:57Z https://yabu.me/nevent1qqs85g552gzguvzncy2u0qv4q6nglyj5kjkz49zxax97dysyl9hl2fgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqarhz63 This was one of my longest podcasts so far, we discussed bitcoin as digital real estate (collateral), its role in business, Austrian Economics, monetary expansion, market risks, and why bitcoin outperforms the “inflation hedge” myth. Thanks for having me on!<br/><blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qvzqqqqqqypzq3sjt7hmne25n2kx579r6edmql2mj97dr9mc6ppec0useh0505dmqyv8wumn8ghj7enfd36x2u3wdehhxarj9emkjmn99uqsuamnwvaz7tmwdaejumr0dshszythwden5te0dehhxarj9emkjmn99uqzpx5302wuykjp4tyztwvwe5exl5wk66n46743rnrf2nc30gxv382wxm75fg" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…75fg</a></span> </div> "Bitcoin was built for chaos. Real estate was not."<br/><br/>We've got <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qysqjamnwvaz7tmjv4kxz7fwwdhhvetjv45kwm3dwd6xzcmt9ehhyecpz3mkzue69uhhyetvv9ujuerpd46hxtnfduqzqefdtzk2lgg947z8ts87sq562tnam0pn0v4anjvtk9apz8wyehnqweuq9q" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>leonwankum</span> (<span class="italic">nprofile…uq9q</span>)</a></span> on the pod this week...<br/><br/><a href="https://fountain.fm/episode/CjCceIalSYZNyHjpU33F">https://fountain.fm/episode/CjCceIalSYZNyHjpU33F</a> </blockquote> 2025-08-22T15:23:09Z https://yabu.me/nevent1qqsqpj7lyzq52cf3sul4k0qm49dnye28ajvq0fncympgsssu7tzppwgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqtrxejd In reply to <a href='/nevent1qqsfdw0szpagpgasl3fkhd3ax33dcv499zj48x89dd4avpjkpag5tesd96c7f'>nevent1q…6c7f</a><br/>_________________________<br/><br/>Cheers! 2025-08-20T11:46:17Z https://yabu.me/nevent1qqs0q8gmxwt58ml86s44469wk5wzrxyku5tty5a3rzswmklrw5ek9zgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqv4fltn In reply to <a href='/nevent1qqsda6u0jktknen7zsj50prwm3vr8f5a7f3dw02fyvmxjvf55csn04cpydmhxue69uhkummnw3ez6an9wf5kv6t9vsh8wetvd3hhyer9wghxuet59u3xx6cw'>nevent1q…x6cw</a><br/>_________________________<br/><br/>Thank you! 2025-08-20T02:45:59Z https://yabu.me/nevent1qqsfzpqqlwjyyfm4htwhr7zaexsyn7xvxf7cntvdpf9q4tzzgpq4qmgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqclvyzl In reply to <a href='/nevent1qqs9jg0v330hfpk4gswnrejupj0c0ae4440c6um395v0j45tarrhdtcpndmhxue69uhkummn9ekx7mp0y5erqamnwvaz7tmwdaehgu3wd3skuep0y5erqffjxpshvct5v9ez2v3swaehxw309ahx7um5wgh8w6twv5hj2v3sy5erqctkv96xzu39xgc8wumn8ghj7ur4wfcxcetjv4kxz7fwvdhk6te9xgc8wumn8ghj7un9d3shjtnyv9kh2uewd9hj7ffjxpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9u4xc32t'>nevent1q…c32t</a><br/>_________________________<br/><br/>Much appreciated 🫡 2025-08-20T02:45:36Z https://yabu.me/nevent1qqsfa3cu9rdw80m9mg0tldm6f6gepgecl2tkut2e7mgzvqvqp4srhnszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqnr970z I’m approaching 3,000 subscribers to my newsletter💥<br/><br/>I put a lot of work into it: the newsletter is free, contains no ads, and is my medium for exploring topics around Bitcoin, philosophy, ethics, and the Austrian School. <br/><br/>Each month I pick one theme and dive deep into it. If you’re interested, you can subscribe to my newsletter via the link below. <br/><br/><a href="https://leonwankum.substack.com/">https://leonwankum.substack.com/</a> 2025-08-19T08:44:17Z https://yabu.me/nevent1qqs2sudhs3pyhucm5kgrqxlz9tw262skqn6xqnwx6fvzhlpy0kg4jlgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqhejrdw In reply to <a href='/nevent1qqsqsgae3rfx46zjlkmf3a08nrn2wqgvaa72lqmd697glvjqus8neqqpz3mhxue69uhkummnw3ezummcw3ezuer9wcm9lte0'>nevent1q…lte0</a><br/>_________________________<br/><br/>Vielen Dank 🤝 2025-08-19T08:06:26Z https://yabu.me/nevent1qqsf5jsdgdnkp7vhhremhgwmv7str4zp079nr7qf9mlq7jntrw3sevgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq0hg0xc In reply to <a href='/nevent1qqsfa84xjh4hzzlxkx38qvks8hx7s2xudntwuf9nyxhp80ywtd955espzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgzq5kq3'>nevent1q…5kq3</a><br/>_________________________<br/><br/>Best explanation I&#39;ve heard 😎 2025-08-15T12:58:13Z https://yabu.me/nevent1qqsg5mxjjtlt4wq3v0mhmsvsfzmu5gqlhqly4f6a4e0twvn7xaj8q2szypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xquujx4f In reply to <a href='/nevent1qqsrrdhpckvfajtanyudz3j0jd5syxc3wgwukm7u2c4jdvl4xrvecdspzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgx2gvxt'>nevent1q…gvxt</a><br/>_________________________<br/><br/>Thank you Marcus. Happy to hear that you find inspiration in my work 🫡🤝 2025-08-15T12:56:54Z https://yabu.me/nevent1qqs2qk926ax2m2zauurmu4qg8e77u86469jy8v40an5l0amc0c435ugzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq0q7qvz In reply to <a href='/nevent1qqsxd7aakkf67y7nrtt99rtzv60lanz0z9et7eec27j7t583867w4wqeym8nq'>nevent1q…m8nq</a><br/>_________________________<br/><br/>🫡 2025-08-10T20:03:44Z https://yabu.me/nevent1qqsvjdaq0mpex8nc2y4pzljk8pn06hxmw0hqpqvvypstup0045l3yvqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq84gaxv In reply to <a href='/nevent1qqsfayxfm25nn34pw2vgeqrw7dt06uhv6uet7sg5l07nxq2xxgvjl9cpndmhxue69uhkummn9ekx7mp0y5erqamnwvaz7tmwdaehgu3wd3skuep0y5erqffjxpshvct5v9ez2v3swaehxw309ahx7um5wgh8w6twv5hj2v3sy5erqctkv96xzu39xgc8wumn8ghj7ur4wfcxcetjv4kxz7fwvdhk6te9xgc8wumn8ghj7un9d3shjtnyv9kh2uewd9hj7ffjxpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctv9uan89gz'>nevent1q…89gz</a><br/>_________________________<br/><br/>Yes, it is happening already. 🤝 2025-08-10T05:27:52Z https://yabu.me/nevent1qqs99a6xh9w6mgmdgjy9679a4rsqrgnzfkwvn9zqrg6rq270am54krczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqcpd05d In reply to <a href='/nevent1qqsfdv58cjyfaufctzq77fk9evcqjffl4jppx06p5nu9fjmdqgc3djcpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg670h2e'>nevent1q…0h2e</a><br/>_________________________<br/><br/>I think when you spend too much time focused on the darkness, it can become hard to see the light. 2025-08-07T12:25:50Z https://yabu.me/nevent1qqs262dhe5j83paqx62umfqxt7s9pa48erlx2ufjspuy509d9yzh6jszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqclqtza I’ve uploaded my talk, How Bitcoin Changes the Way Humanity Saves and Lives, from this year’s BTC Prague, including the video, slides, and transcript, to my website, where you can also find my other work.<br/><br/><a href="https://leonwankum.com/how-bitcoin-changes-the-way-humanity-saves-lives/">https://leonwankum.com/how-bitcoin-changes-the-way-humanity-saves-lives/</a> 2025-08-05T19:00:17Z https://yabu.me/nevent1qqsyayq5rsm38kzraj6ecwkfz9407xqwjldaguad0f2s5yjwnv8u7lgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqfgnkvd In the next edition of my newsletter, I’ll explore how bitcoin, as a disinflationary monetary standard, could reshape construction practices, architectural aesthetics, and urban design. Out next month! <br/><br/><a href="https://leonwankum.substack.com/">https://leonwankum.substack.com/</a> 2025-07-22T16:25:31Z https://yabu.me/nevent1qqsvcvv8u034sfjau2cxvkahwhde36ecad2lwzlu32k2zcrydsa20sczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqhx6tyc In reply to <a href='/nevent1qqsp4ppvruq2e3cc06ds06hf678fc8e6sqummzmj783vz2y8qu2h99gpupmhxue69uhhyetvv9ujuerpd46hxtnfduhj2v3swaehxw309aex2mrp0yhxumm5daeks6fwwa5kute9xgc8wumn8ghj7mn0wvhxcmmv9ujnyvrhwden5te0wfjkccte9eekjctdwd68ytnrdakj7ffjxpmhxue69uhhyetvv9ujuvrcvd5xzapwvdhk6te9xgc8wumn8ghj7mnxwfjkccte9eshqup0y5erqamnwvaz7tmjv4kxz7tjwvhxumm5daeks6fwwa5kute9xgc8wumn8ghj7un9d3shjtnwv4u8getj0ghxxmmd9ujnyvrhwden5te0vejkuunfwgkhxtnwda6x7umgdyh8w6twsypavt'>nevent1q…pavt</a><br/>_________________________<br/><br/>Looking forward! 2025-07-20T16:59:52Z https://yabu.me/nevent1qqsqwwdrrpeppachdt9htv9k5fqudpk5s0g25v7j3xt3ra3u6evwknszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq2ul477 In this month’s edition of my newsletter, I delve into the story of Metaplanet, my most comprehensive piece yet! 📨<br/><br/>It was important to me to understand the Metaplanet story in its entirety. If it’s as significant as it appears, it deserves a closer look, not just as a successful publicly listed company, but as a potential framework for understanding global Bitcoin adoption. <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qyxhwumn8ghj7mn0wvhxcmmvqywhwumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wsqzqzgz2jqp5l5w2zzmqtn3zc30phap4p2sxjf67fr25s40pr67f5kl34qnc2" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>dylan </span> (<span class="italic">nprofile…qnc2</span>)</a></span> <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qyxhwumn8ghj7mn0wvhxcmmvqy08wumn8ghj7mn0wd68yttjv4kxz7fwv3jhyettwfhhxuewd4jsqgxnqajr23msx5malhhcz8paa2t0r70gfjpyncsqx56ztyj2nyyvlq00heps" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>mcshane</span> (<span class="italic">nprofile…heps</span>)</a></span> <br/><br/><a href="https://leonwankum.substack.com/p/the-metaplanet-story-from-crisis-to-a-bitcoin-standard">https://leonwankum.substack.com/p/the-metaplanet-story-from-crisis-to-a-bitcoin-standard</a> 2025-07-17T14:37:32Z https://yabu.me/nevent1qqs2cx066yuvamnxjsskypmss4njhj4rrcwwufmua8kzh2plp0vw65qzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xql86kuy <br/> <img src="https://blossom.primal.net/30177afd3b9db40570123fcbce08381dfeefba05c690f1aba40fb3706822c7b5.jpg"> 2025-07-10T22:38:54Z https://yabu.me/nevent1qqs2hktcjh8hm64a69t2z4cpgg2e9ekag2nqkgc8celpjef3z2drpeczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqmdpwj7 In reply to <a href='/nevent1qqsdl4v3l249aq8wk8nf4uptzmmr3xgr5arye9xf5ehkqmexp27mcnqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgfcytw9'>nevent1q…ytw9</a><br/>_________________________<br/><br/>👏👏 2025-07-10T07:55:37Z https://yabu.me/nevent1qqsp6ktga3ff0fzekj354x8yvqdepvdf7e5m8axctzalep2zy7hjfkqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqs07wyp In reply to <a href='/nevent1qqsv9lef0lkaxgauvzgzetxlks6rny4te9uzt4u3qyzzzw426wdef0gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgy3aqf9'>nevent1q…aqf9</a><br/>_________________________<br/><br/>This looks great! Much more detailed than the model we build. 2025-07-07T20:28:27Z https://yabu.me/nevent1qqsxd9dyn92xh0nfw7crcq2na2tpl2ymyr6utms4zerqyfcxw4fw6tczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqrrf056 <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsg000v3y28lgkn5hmyy65wc67mtvchem5w8kq8f9lfyet9jee6yuspzfmhxue69uhhqatjwpkx2urpvuhx2ucpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg4lw6uc" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>timestandard</span> (<span class="italic">nprofile…w6uc</span>)</a></span> <br/> <img src="https://blossom.primal.net/d69492c599d91eff436daa2903051601844bce2dbcdc4764f55b17ba8862a9a4.jpg"> 2025-06-30T14:27:16Z https://yabu.me/nevent1qqsg7l3jjkq54uqpnveefweus2m4cm0juek6jnxrmgs54ll2a683hygzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqe5dzpv In reply to <a href='/nevent1qqsdut0z72lpsvu22v3e0uf80afr8dwpn0ryj0rvv7z4w8duwh5sjecpz4mhxue69uhk2er9dchxummnw3ezumrpdejqmxnkps'>nevent1q…nkps</a><br/>_________________________<br/><br/><a href="https://bitcoinmagazine.com/culture/how-bitcoin-will-make-housing-affordable">https://bitcoinmagazine.com/culture/how-bitcoin-will-make-housing-affordable</a> 2025-06-30T14:24:19Z https://yabu.me/nevent1qqs2fk57m5uge3sfygytxfcs8llc8un4djjwctgj35vg584c3pjmnpszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq2uruj0 One of the most underrated positive second-order effects of bitcoin is that rents don’t have to keep rising to offset inflation, they can actually stabilize, or even decline over time. 2025-06-30T12:35:39Z https://yabu.me/nevent1qqs9syzqdnx3qtdks29j5ewcrt0qwdr4m74hsvyq9qauecywxktvasqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq3mjma6 Bitcoin will make housing more affordable.<br/><br/>As bitcoin&#39;s utility as collateral becomes more recognized over time, people will realize that it is a better store of value than real estate.<br/><br/>There’s no longer a need to store wealth in property, as BTC can take that role, allowing the monetary premium currently embedded in real estate to flow into Bitcoin and letting property prices return to reflect actual utility.<br/><br/>Even though this is a long process, it’s one of Bitcoin’s most important second-order effects: more affordable housing. 2025-06-26T18:42:08Z https://yabu.me/nevent1qqsq0mrmaa27mwfae8wanmqeqdus7camfh4vy9slkkkjtyf783qmuqczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqx8xn5l Purpose before motion. 2025-06-26T12:21:07Z https://yabu.me/nevent1qqs956e8tzl80xnnk0sf9em77lm2ka950vws397z8rwhxk6jl5yvdegzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqm6n9qn Property ownership has long been one of the most ideologically charged expressions of power and identity. Bitcoin may not fully dismantle this mindset, there will always be those who express wealth through physical symbols, but it challenges the assumption that power must be tied to the visible and tangible.<blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqsg9g85cuddcdey4sfct47llltpd5y3q35v43m2x5zencv3608ckpqpzamhxue69uhkzarvv9ejumn0wd68ytnvv9hxgtc0vw4z3" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…w4z3</a></span> </div> HFSP, Germany. (Real estate is a shitcoin.) <img src="https://image.nostr.build/3e92f12bd6d2d05e0eadf28217f847cb9076b7236af151a505a96533a9d0ede4.jpg"> </blockquote> 2025-06-23T15:26:46Z https://yabu.me/nevent1qqsfcfwwdfrxn2akyx8qffyzl9fj3p4vskeum7wh37maludqy6pdxgszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqkrj4gz Recent discussion on real estate, Bitcoin, STRK &amp; STRF, and bitcoin’s role as collateral.<br/><br/><a href="https://youtu.be/gHrurX9IDY0?si=ovy34gG_rI0OGpLJ">https://youtu.be/gHrurX9IDY0?si=ovy34gG_rI0OGpLJ</a> 2025-06-22T13:55:51Z https://yabu.me/nevent1qqsfjxsyxvrunne6zs724cs7eg3w7z83y6dsvh2a9826wcqlcvyu2rszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqppdd4r In reply to <a href='/nevent1qqs9p23lfhmhlpju0qmpajhk6egf0gfexs4wz5stz4fuwwukecfxlegpramhxue69uhkummnw3ezuetfde6kuer6wasku7nfvuh8xurpvdjs7c2a8f'>nevent1q…2a8f</a><br/>_________________________<br/><br/>Happy to chat and share ideas 👊 2025-06-20T15:20:14Z https://yabu.me/nevent1qqs9p23lfhmhlpju0qmpajhk6egf0gfexs4wz5stz4fuwwukecfxlegzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqvs5sa0 In reply to <a href='/nevent1qqsqngqxwm4zvc43n9rfsclylvp55t0dck4cjmv8k4x2uluussa0dustt38tv'>nevent1q…38tv</a><br/>_________________________<br/><br/>Bitcoin does enable more leisure, lower time preference, and even sound architecture, thanks to its sound-money principles. Economically though, lending against Bitcoin to buy real estate isn’t ideal, since real estate tends to underperform BTC. But as a passion project or lifestyle choice, it can make sense! Since it will allow you to outperform the rate of inflation, maintain the property etc.!!<br/><br/>If you’re looking to build something meaningful, it’s definitely interesting, there are even some great examples out there, like projects by Rahim Taghizadegan. 2025-06-20T15:19:03Z https://yabu.me/nevent1qqs93xptj6hk52j7m42lun6zjzd5y5u2086875pukj4w4wn6rl39msczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqy4xgam Bitcoin finds people when and where they need it. 2025-06-16T10:13:41Z https://yabu.me/nevent1qqszlsjjyd58mksw800rak3ktlhy0sj5rcuyf2c73m6uzxr2lh8tl7qzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq96n0p3 In reply to <a href='/nevent1qqs8qf8acr6ypfd7khfu690n82vl6f8f7czlelsmckw298peyhw3zygpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg2rcjfu'>nevent1q…cjfu</a><br/>_________________________<br/><br/>Yes, so a house (today’s price, would cost 0.001 BTC) 2025-06-16T08:23:29Z https://yabu.me/nevent1qqsff8z5dyv9flhamd5qu3gdrnradau725zfvtwuzd3hh345t7n320czypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqqdgq5r In reply to <a href='/nevent1qqsxk9hl9dxxvlgn42z54xnc20dajt2er73etrmvf40khr6lr3f60xcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqle0405'>nevent1q…0405</a><br/>_________________________<br/><br/>1 BTC ≈ $108 k | Average U.S. house ≈ $500 k (about 4–5 BTC right now)<br/><br/>If Bitcoin keeps growing 50 % every year and house prices just cruise sideways, 1 BTC would be worth about half a million dollars in a little over 20 years.<br/><br/>At that point 0.001 BTC (one-thousandth of a coin) would buy the same $500 k house🏠 😎 2025-06-15T19:38:57Z https://yabu.me/nevent1qqs9qz6f3ezmz89qn03cd3tfnwhnxx56k0ztynrmmw2qvfrr2cfp8nqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqda3klm Once bitcoin surpasses real estate as the preferred store of value, architecture will shift to prioritize function over speculation. 2025-06-15T11:19:08Z https://yabu.me/nevent1qqsrl6k9hhgk4gw3969jcky9ar378lpfsqks9puzmpqcjk5t89v67xczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xquhfm6n In reply to <a href='/nevent1qqsf694zt8pwskdx27tz5yj9smqsw4lj3u6l4sz5q6szpw2qgwemlcgpr3mhxue69uh5ummnw3ezuumhd9ehxtt9de5kwmtp9e3kstcjwxxwp'>nevent1q…xxwp</a><br/>_________________________<br/><br/>Working on it 🫡 2025-06-01T13:52:22Z https://yabu.me/nevent1qqsftxjt836xdh3g8qwe5kwfjk2w2fnplrrlzh69khwtuw6hcpffqmszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqe02qhj In reply to <a href='/nevent1qqsdsdyz65y4x2kknhjhefgm9jjqnntle7lj2uwjcnwq232cekrtzagppamhxue69uhkztnwdaejumr0dsu4xr64'>nevent1q…xr64</a><br/>_________________________<br/><br/>🫡 2025-05-28T13:57:41Z https://yabu.me/nevent1qqs0l3perqrkdy9698zcw890hdnk8ce4gzke4tqxlm4amkdyvmex3tczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq6hatf2 Even though corporate adoption and the associated leverage in equity markets carry significant risks, I see the adoption of bitcoin as a reserve asset as a net positive, because Bitcoin-backed financial products allow society to learn through insight, rather than waiting for systemic collapse and learning through suffering.<br/><blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qvzqqqqqqypzqefdtzk2lgg947z8ts87sq562tnam0pn0v4anjvtk9apz8wyehnqqys8wumn8ghj7mn0wd68ytn9d9h82mny0fmkzmn6d9njuumsv93k2tcpz9mhxue69uhkummnw3ezuamfdejj7qpqz7qjwsrvnv55xwrk9qwf3cl25m7tyagyck5tefrmnfdzdhyfh9nsjmrgm0" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…rgm0</a></span> </div> My new newsletter is out: from cypherpunks to corporations: what corporate adoption means for Bitcoin<br/><br/>Let me know your thoughts on this one! 🧠<br/><br/><a href="https://leonwankum.substack.com/p/from-cypherpunks-to-corporations-what-corporate-adoption-means-for-bitcoin">https://leonwankum.substack.com/p/from-cypherpunks-to-corporations-what-corporate-adoption-means-for-bitcoin</a> </blockquote> 2025-05-23T13:46:32Z https://yabu.me/nevent1qqsp0qf8gpkfk22r8pmzs8ycu042dl9jw5zvt29u53ae5k3xmjymjeczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqzjg8dn My new newsletter is out: from cypherpunks to corporations: what corporate adoption means for Bitcoin<br/><br/>Let me know your thoughts on this one! 🧠<br/><br/><a href="https://leonwankum.substack.com/p/from-cypherpunks-to-corporations-what-corporate-adoption-means-for-bitcoin">https://leonwankum.substack.com/p/from-cypherpunks-to-corporations-what-corporate-adoption-means-for-bitcoin</a> 2025-05-20T12:08:08Z https://yabu.me/nevent1qqsr7t7md4cyd67wfueh7fxeqhle86xnm45xy5w84jrywlht08ps4mgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq9g032c Bitcoin-backed financial products make it possible to learn through insight, instead of the system having to collapse and people having to learn through suffering. 2025-05-19T14:09:06Z https://yabu.me/nevent1qqsve8c4gzllram6a4sdwe580fqweys66h66uvaezz9at4ugq5sh7mszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqk0sdd2 The legacy financial infrastructure is not compatible with Bitcoin.<br/><br/>As a result, legacy financial products will increasingly integrate and be exposed to bitcoin, not to reinvent the system, but to gradually harden existing structures (see $STRK &amp; $STRF).<br/><br/>Over time, this process will lead to Bitcoin establishing itself as the monetary singularity, setting a new global monetary standard. <br/><br/>In my next newsletter, I’ll explore this in detail. Out next week! <br/><br/><a href="https://leonwankum.substack.com/">https://leonwankum.substack.com/</a> 2025-05-15T12:17:58Z https://yabu.me/nevent1qqsyegjzjnazmdn8g3tchnfqqzfd2s3pyrr28cgfakhqrr0ka6dqttszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqf2lrnx In reply to <a href='/nevent1qqsw8lh2pm6hpd97cur9ms5avksn4za8dl2gdgkqwyuv7nagjqq8a0cpramhxue69uhkummnw3ezuetfde6kuer6wasku7nfvuh8xurpvdjsrukvwq'>nevent1q…kvwq</a><br/>_________________________<br/><br/>Out of money I guess 😉😎🤣 2025-05-12T09:23:29Z https://yabu.me/nevent1qqszw9w7npq3wuqcgtptx2fx94fye56tc2vv0tg5mera2tr9d85tnaszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqd2l5x6 In reply to <a href='/nevent1qqsypnj5fwua2pec5zvzlgz0c3rjzs5wg7hr0mjsklznd0acp88zcxcpramhxue69uhkummnw3ezuetfde6kuer6wasku7nfvuh8xurpvdjsykj9j5'>nevent1q…j9j5</a><br/>_________________________<br/><br/>Possibly they come in through trading shares of companies holding Bitcoin treasuries? Seems to be the “healthy” version of shitcoining this cycle? Further down the risk curve but with positive network effects for Bitcoin … ?! 🤔 2025-05-12T09:21:58Z https://yabu.me/nevent1qqsqp0m7hytf6vawm4wje0lqn5km20pcq7k0smj6sp8wtv05n8vw7egzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqgqmpfy In reply to <a href='/nevent1qqsrkht94w9jl9njg8505uy5ze3w8r2nctg2tr4xy9flr2n82wvr9mgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgpjlpr9'>nevent1q…lpr9</a><br/>_________________________<br/><br/>It feels like it is not a coincidence that these technologies develop around the same time. 2025-05-09T10:53:18Z https://yabu.me/nevent1qqsw3lrfja2u09cyrgv5qvgms8zwdsjgrkcxtfex8q98297felrpapszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqgjxyvg Empiricism is ultimately meaningless, because the future doesn&#39;t exist; it is a concept. 2025-05-08T23:52:30Z https://yabu.me/nevent1qqsdpghsuf986mul4ssc9wklgsvmvq7cdnyqmw66fhqd52lwp673tcszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqjx7wmt The time of corporate Bitcoin adoption is here. Strategy has provided the playbook. Companies like Metaplanet have heeded this call, and thousands will follow. In my upcoming newsletter, I will explore in detail what this means for Bitcoin, and its monetary function. Out next week! <br/><br/><a href="https://leonwankum.substack.com/">https://leonwankum.substack.com/</a> 2025-05-08T22:17:18Z https://yabu.me/nevent1qqsrzvhjceq4ujuzxspkepwqzn82w3dn060mlexrvvcs0v64q9vy6kczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqt5u45a How Bitcoin Mining Can Energize Real Estate<br/><br/>My latest for BM 🏠<br/><br/><a href="https://bitcoinmagazine.com/markets/how-bitcoin-mining-can-energize-real-estate">https://bitcoinmagazine.com/markets/how-bitcoin-mining-can-energize-real-estate</a> 2025-05-01T18:54:26Z https://yabu.me/nevent1qqs97xyaz954qe8xka32d8y06qtgtvda2m2yzf3tdx2wshj88q3kq2gzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq28u4a7 The slides for my latest talk, &#34;Navigating the Shift from Real Estate to Bitcoin: How Humanity Will Save and Live in the Future&#34;, are now live on my website. On their you can also find a full archive of my presentations, articles, and other work.<br/><br/><a href="https://leonwankum.com/navigating-the-shift-from-real-estate-to-bitcoin-how-humanity-will-save-and-live-in-the-future/">https://leonwankum.com/navigating-the-shift-from-real-estate-to-bitcoin-how-humanity-will-save-and-live-in-the-future/</a> 2025-05-01T14:08:04Z https://yabu.me/nevent1qqsq3mpxfua2wv7p3lkfg7ufnpxxjwck76az05v836hhev69ksgcp7szypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq0ge58k My latest newsletter is out! 📩<br/><blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqszkulajyglp0q6fwwzphkv9h3t0kxlrzwdu9f005wjhde2h8pqltqpramhxue69uhkummnw3ezuetfde6kuer6wasku7nfvuh8xurpvdjss6c9fz" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…c9fz</a></span> </div> My new newsletter, “Navigating the Shift from Real Estate to Bitcoin: Redefining How Humanity Saves, Builds Wealth, and Lives,” is out!<br/><br/><a href="https://leonwankum.substack.com/p/from-real-estate-to-bitcoin-redefining-how-humanity-saves-and-lives">https://leonwankum.substack.com/p/from-real-estate-to-bitcoin-redefining-how-humanity-saves-and-lives</a> </blockquote> 2025-04-27T16:30:56Z https://yabu.me/nevent1qqszkulajyglp0q6fwwzphkv9h3t0kxlrzwdu9f005wjhde2h8pqltqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqveth59 My new newsletter, “Navigating the Shift from Real Estate to Bitcoin: Redefining How Humanity Saves, Builds Wealth, and Lives,” is out!<br/><br/><a href="https://leonwankum.substack.com/p/from-real-estate-to-bitcoin-redefining-how-humanity-saves-and-lives">https://leonwankum.substack.com/p/from-real-estate-to-bitcoin-redefining-how-humanity-saves-and-lives</a> 2025-04-27T06:29:13Z https://yabu.me/nevent1qqs83k6wnemq0duankahrplrug9sfdfntmj0xg4k4k8vnvv8eccmqmczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqtmqgtg This was my first time speaking to a real estate crowd. 1,000+ RE investors open to learning about Bitcoin.<br/><br/>I was stunned at how openly BTC and its benefits for real estate development and management were embraced. <br/><br/>Clearly, the tide is shifting. ✨🛸<br/><br/><a href="https://youtu.be/PA7_8wRr74I">https://youtu.be/PA7_8wRr74I</a> 2025-04-25T14:09:48Z https://yabu.me/nevent1qqsgd065456pyhemyj4ty0zddvpk04x4xgv358y26zy79n3xsu9c4fczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq4lvj3w My new newsletter, &#34;Navigating the Shift from Real Estate to Bitcoin: How Humanity Will Save and Live in the Future&#34;, launches this week!<br/><br/><a href="https://leonwankum.substack.com">https://leonwankum.substack.com</a> 2025-04-24T09:15:13Z https://yabu.me/nevent1qqs9faszgafl8gmjq4xc8fepweg75d4dzjyz6ad7eac5c2p7hm4a9agzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqh5js8g In reply to <a href='/nevent1qqsz8yqq8ymzakqdwe7rml6n4e6dnprf2hx32mt448jf9drp9mnqlec0xj8cg'>nevent1q…j8cg</a><br/>_________________________<br/><br/>Well said! 2025-04-23T19:19:24Z https://yabu.me/nevent1qqs8nm2n4x0pk3mxwggsxuxpt7lldvhes3zgpjf099044udgturgk6szypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq8990h4 In reply to <a href='/nevent1qqs27rk0ceaqpjgtsfmlza0gahhtxklr6snmqcxrzeuvs7nxp3zysqgpzemhxw309ucnjv3wxymrst338qhrww3hxumnwvscnvj'>nevent1q…cnvj</a><br/>_________________________<br/><br/>That is true. But standardization came before fiat, so fiat is also a consequence of that mindset and helped to accelerate it. 2025-04-23T15:16:14Z https://yabu.me/nevent1qqs9qp0ve9pwzaz7rs9rjlggh9thjc76f70x9p2ndfsjn870hp52dygzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq2wffap The negative transformation in architecture, often rightly critiqued by Bitcoiners, wasn’t driven solely by fiat money. Both modern architecture and fiat currency are 20th‑century phenomena born of the same push for standardization, industrialization, and modernism <br/><br/>In the late 19th century, architecture, art, and design were deeply rooted in historical styles and maximalism. As the industrial revolution took hold, counter-movements emerged. <br/><br/>Adolf Loos was a radical early‑20th‑century Viennese architect who challenged norms by stripping away all ornamentation he deemed unnecessary. He argued that modernity required a break from the past. <br/><br/>He influenced a generation of architects. Among them was the Swiss architect Le Corbusier, who would become one of the most influential figures in modern architecture.<br/><br/>Simultaneously, the Bauhaus school emerged in Germany in 1919, under the leadership of Walter Gropius, with notable figures such as Ludwig Mies van der Rohe and Marcel Breuer.<br/><br/>Their emphasis on simple, functional forms made a lasting impact on global design, laying the groundwork for what we now consider modern, minimalist architecture. But not all minimalism is equal. <br/><br/>Early Bauhaus designers were arguably aesthetic innovators, but most things created since are not so elegantly designed. Today, the world has been filled with careless, knock-off minimalism, it feels cheap rather than stylish, boring instead of sleek. <br/><br/>We have also moved far away from the round shapes and attention to detail we find in nature. It is no wonder that people leave the city on weekends to reconnect with nature, where the calming effect of green soothes the human nervous system.<br/><br/>We have drifted far from nature. Traditional building materials like clay and wood, along with warm color schemes on both the interiors and exteriors of buildings, as well as the inclusion of gardens and dedicated spaces for the community, children, family life, and work, have largely been relegated to the background. <br/><br/>Coupled with rising costs driven by inflation, the deterioration of housing quality has become a hallmark of modernism.<br/><br/>The pendulum of fashion always swings one way, then another, and each generation reacts to what came before. So what is the future of architecture and design?<br/><br/>In much the same way that the Bauhaus movement standardized design, Bitcoin allows us to go back to a more individual design. Bitcoin’s fixed supply naturally encourages a low time‑preference mindset, with the potential to revive the intergenerational outlook vital for thoughtful design, architecture &amp; urban development. <br/><br/>Under a Bitcoin standard, developers and residents alike would be motivated to invest in high‑quality, durable infrastructure and public spaces that benefit not just today’s generation, but those to come.<br/><br/>As Bitcoin continues to mature and integrate into our financial fabric, it may well catalyze a design and architecture revolution. Where the principles of tradition, modern architecture and sound money converge to create more affordable quality housing. 2025-04-22T17:05:41Z https://yabu.me/nevent1qqswwdnqvcpgdtjp4nusexkvpslaje3zw3qj8rm2xctfd2a3n7p4y6gzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqtwlv0d In reply to <a href='/nevent1qqs9av45afaes0hgtztlr5hdjan268pldgttx0hv6gud3c6m88pspds7swafu'>nevent1q…wafu</a><br/>_________________________<br/><br/>Thank you for all your work 🫡 2025-04-17T09:20:10Z https://yabu.me/nevent1qqsq4vphutyw0xttr03l356r0rncw0uuy6w92nesm58u5452h5k0mkgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq0dpnuq In reply to <a href='/nevent1qqsgr5sj02p2nu86qqsf5fn4syqcfss4glf9ynu8g4xrzp0kyseazlspr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet59uq7k0'>nevent1q…q7k0</a><br/>_________________________<br/><br/>Same here. Thank you Tom! <br/><br/>Excited to see how both worlds will collide to help ppl find freedom. 🤝💫 2025-04-15T12:13:13Z https://yabu.me/nevent1qqsvlpymepn9pgq0ewmyefkcezw9d7t04yxtyg2xvn0kez9g4q3njlgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqyr904n This was my first time speaking to a real estate crowd. 1,000+ real estate investors learning about Bitcoin. <br/><br/>I was absolutely amazed at how openly Bitcoin and its benefits for real estate development and management were embraced. <br/><br/>A testimonial to the work of <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qyw8wumn8ghj7mn0wd68yttsw43zuum9d45hxmmv9ejx2a30qy08wumn8ghj7mn0wd68yttsw43zuam9d3kx7unyv4ezumn9wshsqgqdcynsnp39cxwc0f38n5xy0mu5r6h2mrv06yuuaw9dma605gk6gvev6x0l" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>TomKaradza</span> (<span class="italic">nprofile…6x0l</span>)</a></span> and Nick Karadza at Rock Star Real Estate. Thank you for the invitation and the warm welcome.<br/><br/>The crowd was open for pure Bitcoin education, including demos of <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqswe03hyye2jv3msylwkj8cml8d4m9qpc5g0tccrvrrcm86z0kcagg0zjv3w" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>AQUA Wallet</span> (<span class="italic">nprofile…jv3w</span>)</a></span> and Bull Bitcoin! Clearly, the tide is shifting. ✨🛸 <br/><br/> <img src="https://m.primal.net/QPCu.jpg"> 2025-04-14T12:12:56Z https://yabu.me/nevent1qqsvfp25u2k6048vgdqvynzeuf2ymmjm2nj5crskxz0y9xg2vg92etczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqgjyset In reply to <a href='/nevent1qqsfxkusjh9nhwgx7znvh63kvlh76fchps8pagchlpvs3dzdn3cj3ugppamhxue69uhkztnwdaejumr0dsdqexme'>nevent1q…exme</a><br/>_________________________<br/><br/>Slightly 😎😛🙏 2025-04-08T09:56:04Z https://yabu.me/nevent1qqswaf96ms70htz83xdjv0grhe3dmhrneutuy3zprzwy58vrmmha88qzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq2epq2w I really enjoyed this convo w <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsym2426qrkcfhml532pa572nhtdwa74maut9pk8g96sup43tr94fgprfmhxue69uhhqatjv9mxjerp9ehx7um5wghxcctwvshszyrhwden5te0dehhxarj9ekk7mf0kntl7j" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>BasecampforMen</span> (<span class="italic">nprofile…tl7j</span>)</a></span>, thanks for having me on 🫡<br/><br/><a href="https://bit.ly/3FUAQ3t">https://bit.ly/3FUAQ3t</a> 2025-04-04T11:55:11Z https://yabu.me/nevent1qqswed9g7r8qefpml4rxk49xruzvx2mj8pzkzv3km5gf4gdzk9kjcaszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqpnw2ht In reply to <a href='/nevent1qqsqakcgpdzswyhujrfvxua0hsmc63e0anklhppfynle8y07kqqgsvgpzemhxw309ucnjv3wxymrst338qhrww3hxumnwe7q09q'>nevent1q…q09q</a><br/>_________________________<br/><br/>#1 😎 2025-03-28T09:08:47Z https://yabu.me/nevent1qqsglgwklqv942wuhvwtltclazmjzm7agcphw0kxqg3q004pglxx88szypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqa2v9ga In reply to <a href='/nevent1qqs9jwgfh3d80jgwr05vn5myygt3xn877ur3vsqxt3ckss07yxn3wrqpzemhxw309ucnjv3wxymrst338qhrww3hxumnw35dva4'>nevent1q…dva4</a><br/>_________________________<br/><br/>HBD 🥳 2025-03-28T09:08:27Z https://yabu.me/nevent1qqs8mf4s2k227t24s099gaeg97e3zrex4qzej9psslpkqyy0y05h6rczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqpunk2d I finally published “The Strategy Playbook: Lessons for Real Estate Entrepreneurs”. <br/><br/>Although much has been written on this topic, I felt it was important to explore the strategy in greater detail.<br/><br/>As a real estate entrepreneur, I find this case particularly interesting because it serves as a blueprint for how real estate businesses can leverage their balance sheets to accumulate bitcoin in a similar way. The insights I gained will be integrated as a chapter in my book ‘Digital Real Estate’, and I welcome any feedback.<br/><br/><a href="https://leonwankum.substack.com/p/the-strategy-playbook-lessons">https://leonwankum.substack.com/p/the-strategy-playbook-lessons</a> 2025-03-21T17:06:40Z https://yabu.me/nevent1qqs8ujazru93xnw35wtlydn8v0p2wewcffwjuzsg9k2tzwnaf0vc47szypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqhprmqe In reply to <a href='/nevent1qqsweny584qtdcwfkxnavrncrds82qegay8zcd77c9ljjrkwvwsmvcqpz3mhxue69uhkummnw3ezummcw3ezuer9wcy3edd9'>nevent1q…edd9</a><br/>_________________________<br/><br/>🙏 2025-03-12T12:56:46Z https://yabu.me/nevent1qqsy9e9x00k7s4m0y8c3fqcagwnfcmkv3eu25tnpfurc5ue2qdx7paszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqwfm0qr Keynesians are evil people. The world will eventually learn what a crime against humanity the disregard for monetary sovereignty was. 2025-03-11T20:26:03Z https://yabu.me/nevent1qqswe0vpw05cmhem6u8ma0vausnlmkrrmpqjcy8grrjx53z7fzph2ngzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqljp52z In reply to <a href='/nevent1qqsg2ud0zyagp0hyrg07a6z6tkzpgmjq5z63hsupgxnpn3j9d2tdwecpp4mhxue69uhkummn9ekx7mq6ymx9z'>nevent1q…mx9z</a><br/>_________________________<br/><br/>🙏 2025-03-09T12:32:49Z https://yabu.me/nevent1qqsyyg7tytgnvkczra2u5hmcgr3rvnmw3ngsyjnwxluwj47k5434z4gzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqtamlgn What Bitcoin has to offer to humanity is unprecedented: instead of society collapsing under inflation, bitcoin will be monetized through monetary debasement, serving as a cushion to elevate humanity to a new level of economic and social consciousness. 2025-03-06T17:55:49Z https://yabu.me/nevent1qqsg03t54xlyv4h7vdtkjdjnycq977vlnxz77hkkdr7trzf8cavljvszypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xq6nq3kh In reply to <a href='/nevent1qqsfvn2eezve6f8uhuev6ahaz2akfgem63se8x8mf9yqek2r53fhuccpzemhxw309ucnjv3wxymrst338qhrww3hxumnwlqyd7n'>nevent1q…yd7n</a><br/>_________________________<br/><br/>🙏 2025-03-06T03:25:18Z https://yabu.me/nevent1qqsqlelgtla5jpe0ny2r5zy2z329pwtxtxkwk44qdq7wklvc0cv0jdqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqwklzt7 Thank you for the help <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qyxhwumn8ghj7cnjvghxjme0qy88wumn8ghj7mn0wvhxcmmv9uqzpghdmvnyhd3k3tmm6406h6ry53p9p78g0axc36wqwh2t803gdz5qajzvat" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>Sovereign Origin 🥕</span> (<span class="italic">nprofile…zvat</span>)</a></span> 🤝<br/><br/><a href="https://bitcoin.fits.money/now-live-digitalrealestate-org/">https://bitcoin.fits.money/now-live-digitalrealestate-org/</a> 2025-02-26T10:40:00Z https://yabu.me/nevent1qqs2a2rlwfnp2hgqhuwwyutw8lf4hp0ygsqhwme64xdqj4lgdf9d66szypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqumqd27 You can play w/ our Bitcoin &amp; Real Estate Portfolio Estimator! <br/><br/>It’s designed to help you understand how incorporating Bitcoin into real estate financing can significantly enhance investment performance.<br/><br/>The inclusion of Bitcoin as collateral in property financing can create a more resilient financial system. Real estate, the most widely used collateral, is inflated by monetary expansion. As the bubble may eventually burst, Bitcoin could act as a stabilizer, preventing crises and enabling a smoother transition to a new system.<br/><blockquote class="border-l-05rem border-l-strongpink border-solid"><div class="-ml-4 bg-gradient-to-r from-gray-100 dark:from-zinc-800 to-transparent mr-0 mt-0 mb-4 pl-4 pr-2 py-2">quoting <br/><span itemprop="mentions" itemscope itemtype="https://schema.org/Article"><a itemprop="url" href="/nevent1qqs8kzamn39g9cdau2glctekhfqxe9yr4axhelrvw847vpraqt4yw2qpz3mhxue69uhhyetvv9ujuerpd46hxtnfdujthk0p" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1">nevent1q…hk0p</a></span> </div> We’ve completed the first draft of our Bitcoin & real estate portfolio value estimator! 🏠🚀<br/><br/>This tool shows how Bitcoin can enhance your real estate portfolio performance! Try the model ⤵️ <a href="https://www.digitalrealestate.org">https://www.digitalrealestate.org</a> <br/><br/>We are still optimizing for mobile & open for feedback. Send it around to family & friends and help us battle-test it! + Let us know your thoughts below! <br/><br/>Thanks to <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqs29mwmye9mvd527774t747se9ygfg036rlfkywnsr46jemu2rg4qq64d0f3" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>Sovereign Origin 🥕</span> (<span class="italic">nprofile…d0f3</span>)</a></span> for building the model with us. 🤝<br/><br/>S/o to <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsfslh8cwzq76ftfpnh9luqkxt2vwrv6sc87nskq3euwt99pmv3pwqudrt9v" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>dsaid10</span> (<span class="italic">nprofile…rt9v</span>)</a></span> & <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqs0seqqc0cswvhj9m6e6evvthkgxy4hr02cr43thh0wsr9gxk3npngc374c5" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>imkewedekind </span> (<span class="italic">nprofile…74c5</span>)</a></span> for helping to compile all the data. <br/><br/>We will continue to work on the model and look forward to your feedback! </blockquote> 2025-02-24T14:02:14Z https://yabu.me/nevent1qqs25ddar7aezqr9dwua63tnx2tzaap6g3vhy0ru2sgrll2cvakhq3qzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqteeq7v In reply to <a href='/nevent1qqsd6sch307aps0ptvvwwgjxd0pnpj6nhudnk2x4gupty0nehdrapegpz3mhxue69uhkummnw3ezummcw3ezuer9wcj2wjmg'>nevent1q…wjmg</a><br/>_________________________<br/><br/>Thanks for having me on 🙏 2025-02-21T18:32:00Z https://yabu.me/nevent1qqs8kzamn39g9cdau2glctekhfqxe9yr4axhelrvw847vpraqt4yw2qzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xql05uxh We’ve completed the first draft of our Bitcoin &amp; real estate portfolio value estimator! 🏠🚀<br/><br/>This tool shows how Bitcoin can enhance your real estate portfolio performance! Try the model ⤵️ <a href="https://www.digitalrealestate.org">https://www.digitalrealestate.org</a> <br/><br/>We are still optimizing for mobile &amp; open for feedback. Send it around to family &amp; friends and help us battle-test it! + Let us know your thoughts below! <br/><br/>Thanks to <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqs29mwmye9mvd527774t747se9ygfg036rlfkywnsr46jemu2rg4qq64d0f3" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>Sovereign Origin 🥕</span> (<span class="italic">nprofile…d0f3</span>)</a></span> for building the model with us. 🤝<br/><br/>S/o to <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqsfslh8cwzq76ftfpnh9luqkxt2vwrv6sc87nskq3euwt99pmv3pwqudrt9v" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>dsaid10</span> (<span class="italic">nprofile…rt9v</span>)</a></span> &amp; <span itemprop="mentions" itemscope itemtype="https://schema.org/Person"><a itemprop="url" href="/nprofile1qqs0seqqc0cswvhj9m6e6evvthkgxy4hr02cr43thh0wsr9gxk3npngc374c5" class="bg-lavender dark:prose:text-neutral-50 dark:text-neutral-50 dark:bg-garnet px-1"><span>imkewedekind </span> (<span class="italic">nprofile…74c5</span>)</a></span> for helping to compile all the data. <br/><br/>We will continue to work on the model and look forward to your feedback! 2025-02-21T12:40:58Z https://yabu.me/nevent1qqstj5uv6mwsp8qmsaa59ch8jg29j2v5lqe8hdgzuyxk87e4femjwwgzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqhjzp72 In reply to <a href='/nevent1qqs9yv5cwfdnuylwrjsrlrxterm6xncqmvkrnspdsw6qs3w5ukl9yvspzemhxw309ucnjv3wxymrst338qhrww3hxumnwsfkjcy'>nevent1q…kjcy</a><br/>_________________________<br/><br/>🫡 2025-02-16T08:35:58Z https://yabu.me/nevent1qqsx53cz07pttt3mfgaalah204ltmg8cc4pmc6h60txvgq30dkgu8nqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqqux3fk In reply to <a href='/nevent1qqs90s4h3m9wtlnpzyqdpl95udrrsg9mswpjuqm3fmhrzve773qmd6q9mdwqe'>nevent1q…dwqe</a><br/>_________________________<br/><br/>👏👏😘 2025-02-13T05:22:43Z https://yabu.me/nevent1qqs05evyrkt4pg4wdwk0q79daj5kmscqncy4ne5sh4p34amuxsnspeqzypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqt34akw Open communication has always been central to fostering innovation, but it is threatened in the modern digital age.<br/><br/>You can find my thoughts on the significance of Nostr and censorship-resistant communication for innovation and human progress in BM. 💜<br/><br/><a href="https://bitcoinmagazine.com/culture/nostr-the-importance-of-censorship-resistant-communication-for-innovation-and-human-progress-">https://bitcoinmagazine.com/culture/nostr-the-importance-of-censorship-resistant-communication-for-innovation-and-human-progress-</a> 2025-02-07T13:26:21Z https://yabu.me/nevent1qqsxy7c4phfvsgfes3py2lrfk3rwc45ywsmjfaqw3gxcnz4n72vy4nczypjj6k9v47ssttuywhq0aqpf55h8mk7rx7etm8ychvt6zywufn0xqh7gum8 <a href="https://youtu.be/B5VX6LJKCMc">https://youtu.be/B5VX6LJKCMc</a> 2025-02-03T22:48:28Z