Home›Crypto›Altcoins›Bitcoin could challenge real estate’s $300T monetary p…

Bitcoin could challenge real estate’s $300T monetary premium, author says

The Bitcoin Magazine piece argues that fiat debasement since 1971 helped create a monetary premium in both residential and commercial real estate, which Bitcoin’s scarcity could erode.

Reported · Written up by our desk · Altcoins

Bitcoin Magazine published a talk featuring Leon Wankum, the author of Digital Real Estate, arguing that Bitcoin is stripping away what he calls real estate’s $300T monetary premium.

Wankum links the premium to fiat debasement that began in 1971, saying it inflated the case for property as a wealth store over generations.

The piece says Bitcoin, described as absolutely scarce money, is pulling that premium away, and it argues the shift would affect both residential and commercial real estate.

Bitcoin Magazine also highlights sections on comparing saving in Bitcoin versus spending it on a home, and on Bitcoin as collateral, including borrowing.

Latest closeBitcoin $85,575.16 ▼0.2%

More like this

Sources