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:

What Happens if Bitcoin Goes Up Forever? | The Daily Economy

Have a good weekend everyone. 💫

Great rip! Thanks for having me on. View quoted note →

How do I zap from Europe (no KYC)? Which client do I need to use?

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

Bitcoin and Housing: A Path to Affordability II Landlords can capitalize on bitcoin's price appreciation, which acts as an inflation hedge, rather than solely relying on increasing rents to offset higher construction and maintenance costs due to monetary inflation. This ultimately benefits consumers, who have been particularly burdened by rising housing costs. A phenomenon of the fiat system is the use of real estate as a speculative investment vehicle, to hedge against monetary inflation. This has many negative consequences for society. Most noticeably, it drives up the cost of living significantly. By integrating bitcoin into their financial strategy, real estate developers can maintain affordability for tenants while also benefiting from bitcoin's potential to hedge against inflation. This approach reduces reliance on increasing rental income, helping to stabilize rent prices and ultimately benefiting tenants. This is another example of how Bitcoin can help improve everyone's standard of living. #realestate #housing

This is an interesting talk. I also think that the Internet is less exciting for creatives and consumers today. However, it misses the crucial aspects of Bitcoin and, most importantly, Nostr. When will the leading platforms for independent creatives recognize the potential of Bitcoin, Value4Value, and Nostr?

Bitcoin and Real Estate: “How bitcoin is revolutionizing the world's largest asset class.” (@BTC Prague)

The 21st edition of The Bitcoin Newsletter “The Need To Protect Individual Freedom” is out. Link in bio. 🧡 https://leonawankum.substack.com/p/the-need-to-protect-individual-freedom