ppl underestimate how tricky it can be to manage a property well, also they forget to include all extra cost and taxes that come with it.. its not for everybody
I'm Korean, and I sold my house in April and bought 12 BTC. I’m excited to see the investment results next year. If you want to protect your wealth, buy BTC!
@@g3nj1 Id love to see how your crystal ball thesis is put together for how that happens. As it happens I have seen no informed critique of bitcoin. Just people who dont get it shaking their fists
@@vpnconsult How about if you used your property to feed yourself and build a family unit that is grounded and sane. Not everything can be measured on a hard data sheet. The problem is everyone tried to get rich and gave up on everything else in life. That's what led to the destruction of our society which led to the destruction of our economy. BTC just can't save us from ourselves. The feeding frenzy always ends bad
See him a few times. Smart guy. Very polite and humble despite being completely right. I have this same stance for a long time also as someone in the real estate business. BTC is better property
What's really exciting is if you hold BTC Collateral for say ten years. In that time if real estate investment is partially soaked up that should deflate the price. So when you want to get a BTC backed mortgage on a home that you can pay of USD from your job, you're gonna win twice depending on how much the property value has decreased.
Real estate is great to get into when btc tops during cycle high. Buy real estate then in future use the rent income to buy more BTC REAL ESTATE WILL ALWAYS BE AN ULTIMATE STORE OF VALUE and Cash flow
If you want to lend money against your bitcoin stack, would you lend it to a crypto exchange? If not, who would you trust to return your bitcoin? Maybe I'm missing something. If someone can explain, thank you!
I like the Liquidy forks on PulseChain ETH killed most projects with gas fees To be fair bitcoin is better on PulseChain too! PLSB definitely crazy up potential compared to BTC And better designed
How much of a House 🏠 can I buy and sell if I need to? If I need to flee the country, can I take my house 🏠? How much are the maintenance costs on my bitcoin 😂?
Without explaining how / why BTC is going to change the underlying RENTS, you can't argue anything is going to reduce real estate values. I'm sympathetic to Leon's basic argument but he's not addressing commercial real estate at all and I think it will take a very long time to demonetize it.
You are thinking smartly. It certainly would seem preposterous for bitcoin overtake the entirety of real estate market cap. Could it take 1/3? That itself would probably push bitcoin higher than the $100 trillion market cap professionals seem to dream of.
U know what's the issue with all ur logic... U are failing to face the fact that financial assets or crypto is still and extremely niche topic, in the middle of global financial instability, rampant scams, and war... and as all financial assets it will benefit the first adopters first and foremost, and whales can actually come at anytime and take over, at least a giant part of it that, being so niche, they can do it at any time, it will not be in the hands of most of society to make a positive change in time... U are overly optimistic about reality.
@@masonsoutdoorsportsmenadve4933 You know very well it's not just blackrock... financial institutions have already set their positions in the last years, and probably the directors have their own wallets somewhere hidden, even if they had to talk badly about bitcoin for years... It would be interesting to hear someone deeply investigating if bitcoin and crypto in general, is bringing some real benefit to most of society, or if it's just perpetuating the accumulation of wealth of the hands of a few...
Last time crypto went nuts it didn't have serious professional input. You're correct about early adopter curve though given the press & investment QQQ and potential SP500 inclusion will generate it will break important psychological barrier.
Paper currency backed by commodities would have been the solution. But everyone got suckered into digitization. The same cashless digitization that allowed the powers that be to take everything from us. BTC is a honey pot to convince everyone digitization is the solution
We had commodity backed currency. It was called the gold standard. It's limitations paved the way for fiat currency and the ability to fund war with it. You really need to brush up on your history and put in more time understanding bitcoin. You don't get it yet. "It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so."
We’ve already tried that with gold standard and it failed miserably. Everytime someone centralizes gold, that country tries to back it up with fiat currency which causes money printing and war.
Like Saylor pointed out… the corrupt bankers did a fractiona reserve commodity system so that gold is traded in paper in hundreds of IOUs per oz of gold so they can manipulate the price. The bankers screwed thenselves through greed. Now there is BTC that Larry Fink cant yet steal/manipulate
BTC has very little computational power. This will be catastrophic to BTC when people try and use the network . The fee’s will sore, and the chain will be clogged w unresolved transactions. Lightning network will not help.
What do you mean when people try to "use" the network? People use it every day. Its also as easy for me to say lightning (and fedimint) will work, as it was for you to simply say it wont.
This is a miopic view of reality. Property rights are the underpinning of wealth. BTC is digital, it doesn't exist, you don't posses it. It is possessed by those who control the enternet
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." BTC no longer adheres to The Bitcoin White Paper. Segwit and Taproot changed BTC/Bitcoin As per the $1 Trillion legal claim that BTC is Passing Off as Bitcoin
@@TFTC Oh really. You think you're the first person to try and use that argument against me? Let me explain something to you. The government has total control over everything, especially everything digital. If you don't understand that concept then I can't have a serious conversation with you
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
Speaking from someone that owns real estate real estate actually owns us
The housing market is going to be a Blood bath with these demographics
BTC, WBTC, PLSB
ETH
PLS
HEX
Loads of better options than realestate
awesome
ppl underestimate how tricky it can be to manage a property well, also they forget to include all extra cost and taxes that come with it.. its not for everybody
@@ypey1it's Old money 💰
I'm Korean, and I sold my house in April and bought 12 BTC. I’m excited to see the investment results next year.
If you want to protect your wealth, buy BTC!
Until it goes insolvent and all your your wealth goes with it. You got played.
@@g3nj1 if you dont nuy BTC, you will be poor forever
And the moon 🌙 might turn green white and provo gold
@@g3nj1 Id love to see how your crystal ball thesis is put together for how that happens. As it happens I have seen no informed critique of bitcoin. Just people who dont get it shaking their fists
You live in a tent now?
If you buying a house borrow a lil more and put that extra in bitcoin. That will pay off the house in a few years time.
Leon is a great mind for Bitcoin.
I think you meant to say "useful idiot". Bitcoin is a Ponzi scheme.
After 10 years I realized I cant live in my bitcoin. Though I'm ok waiting my family is not.
You have been in BTC for 10 years … and have the need to even write this comment?
@@DoubleG556maybe he bought just 1 bitcoin 10y ago
lol
I hear you
Someone didn't HODL 😂
this was outstanding
great stuff here you guys thank you!
real estate bricks and mortar, physical metals and bitcoin has to be better than fiat currency
Makes sense.... Bitcoin will perform way way better than real estate over the next ten years...
WE ARE LOOKING AT ECO HOMES WITH BTC?
LTV in 100% in my country.
70/80% for rented property.
But he is right, if you havent mortgaged the house, you're underinvested.
There is no second best!
@@vpnconsult How about if you used your property to feed yourself and build a family unit that is grounded and sane. Not everything can be measured on a hard data sheet. The problem is everyone tried to get rich and gave up on everything else in life. That's what led to the destruction of our society which led to the destruction of our economy. BTC just can't save us from ourselves. The feeding frenzy always ends bad
Mort
Gage-
Death
Contract
I like the "vibe" of the host.. I will try to be calmer as well in my videos.
Onwards.
WAYNE ROONIES BROTHER killing it, and he knows who he is
Its the Manchester accent love 🎉🎉❤
We AD VALUE TO OUR CUSTOMERS HOMES AT O MARAGNAL COST?
Leveraging BTC?
Leon made an allusion to them at 1:09, which is exactly the number of times they have been expelled from European jurisdictions.
#MartyBent #LeonWankum Thank you gentlemen!
What the name of the person interviewed?
Leon Wankum
Buy commercial property ànd convert it to apperments and 10 X your investment ?
Ive been puffing on dat good since Monday (7 days). Youre eyes say youve been there
Real estate appreciation is a measure of currency debasement. Bitcoin is a 7x multiplier on that debasement. Choose according to your preferences.
See him a few times. Smart guy. Very polite and humble despite being completely right. I have this same stance for a long time also as someone in the real estate business. BTC is better property
We ALL NEED TO TAKE ACTION ?
How do I live in a Bitcoin? Like can it protect me from rain and snow?
What's really exciting is if you hold BTC Collateral for say ten years. In that time if real estate investment is partially soaked up that should deflate the price. So when you want to get a BTC backed mortgage on a home that you can pay of USD from your job, you're gonna win twice depending on how much the property value has decreased.
The chat shows you what the channel has become.
you think bitcoin will be the next bricks and morter ??
Bricks and mortar won't be an option.
Demographics will crush 🏠 prices
I MAKE HOMES ENERGY EFFICIENT AND MY CUSTOMERS PAY IN BTU . THIS IS FREE? BTU TO THE BISSNESS?
No probs : it works.
GOOD BISSNESS. WILL BE YOUR: CUSTOMERS FIRST?
Why the Hell is the house on fire in your thumbnail?
WTF is that AI nightmare?
Seed fraises on Metal plates
Real estate is great to get into when btc tops during cycle high. Buy real estate then in future use the rent income to buy more BTC
REAL ESTATE WILL ALWAYS BE AN ULTIMATE STORE OF VALUE and Cash flow
If you want to lend money against your bitcoin stack, would you lend it to a crypto exchange? If not, who would you trust to return your bitcoin? Maybe I'm missing something. If someone can explain, thank you!
👍
borrowing against bitcoin to buy a house doesn't make sense when their rates are 14%.
I like the Liquidy forks on PulseChain
ETH killed most projects with gas fees
To be fair bitcoin is better on PulseChain too! PLSB definitely crazy up potential compared to BTC
And better designed
Even if rent was raised to cover the cost? 😮
@@Pete_L77 how do you borrow against BTC?
@@michaellamont2605 there are lenders that let you use btc as collateral. but with high interest rates.
@@masonsoutdoorsportsmenadve4933 maybe for rental properties but if it's my primary residence, i don't see the sense.
ACT NOW AND BE FIRST?
How much of a House 🏠 can I buy and sell if I need to?
If I need to flee the country, can I take my house 🏠?
How much are the maintenance costs on my bitcoin 😂?
Without explaining how / why BTC is going to change the underlying RENTS, you can't argue anything is going to reduce real estate values. I'm sympathetic to Leon's basic argument but he's not addressing commercial real estate at all and I think it will take a very long time to demonetize it.
You are thinking smartly. It certainly would seem preposterous for bitcoin overtake the entirety of real estate market cap. Could it take 1/3? That itself would probably push bitcoin higher than the $100 trillion market cap professionals seem to dream of.
Disappointed by the clickbaity title and thumbnail. Feels very crypto-like despite the content being of top notch quality!
U know what's the issue with all ur logic... U are failing to face the fact that financial assets or crypto is still and extremely niche topic, in the middle of global financial instability, rampant scams, and war... and as all financial assets it will benefit the first adopters first and foremost, and whales can actually come at anytime and take over, at least a giant part of it that, being so niche, they can do it at any time, it will not be in the hands of most of society to make a positive change in time... U are overly optimistic about reality.
Is that why Blackrock have took the necessary steps to incorporate it into it's investment strategies?
@@masonsoutdoorsportsmenadve4933 You know very well it's not just blackrock... financial institutions have already set their positions in the last years, and probably the directors have their own wallets somewhere hidden, even if they had to talk badly about bitcoin for years...
It would be interesting to hear someone deeply investigating if bitcoin and crypto in general, is bringing some real benefit to most of society, or if it's just perpetuating the accumulation of wealth of the hands of a few...
Last time crypto went nuts it didn't have serious professional input. You're correct about early adopter curve though given the press & investment QQQ and potential SP500 inclusion will generate it will break important psychological barrier.
Give your CUSTOMERS A FREE BTU WALLET?
💪👑💰✈️ GTFO the matrix!
Is this a BITCOIN INFOMERCIAL 😮
This guy says a lot without saying much at all. Pass.
Why bother with real estate?
Paper currency backed by commodities would have been the solution. But everyone got suckered into digitization. The same cashless digitization that allowed the powers that be to take everything from us. BTC is a honey pot to convince everyone digitization is the solution
We had commodity backed currency. It was called the gold standard. It's limitations paved the way for fiat currency and the ability to fund war with it.
You really need to brush up on your history and put in more time understanding bitcoin. You don't get it yet.
"It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so."
Gold is a very dirty and toxic business. After we dig it up, we bury it in the bank vault 😂😂
We’ve already tried that with gold standard and it failed miserably. Everytime someone centralizes gold, that country tries to back it up with fiat currency which causes money printing and war.
@@ashranbakth5861 digital is always better then analog
Like Saylor pointed out… the corrupt bankers did a fractiona reserve commodity system so that gold is traded in paper in hundreds of IOUs per oz of gold so they can manipulate the price. The bankers screwed thenselves through greed. Now there is BTC that Larry Fink cant yet steal/manipulate
Turds
BTC has very little computational power. This will be catastrophic to BTC when people try and use the network . The fee’s will sore, and the chain will be clogged w unresolved transactions. Lightning network will not help.
Says the nocoiner lol. 🤡
What do you mean when people try to "use" the network? People use it every day. Its also as easy for me to say lightning (and fedimint) will work, as it was for you to simply say it wont.
This is a miopic view of reality. Property rights are the underpinning of wealth. BTC is digital, it doesn't exist, you don't posses it. It is possessed by those who control the enternet
you haven't understood the asset then. The owner is the one who holds the keys.
umm doesn't exist ? That didn't stop Chritianity.
@@behindthecurve6468 What the hell does that even mean. What a stupid comment.
one can be seized by the govt, the other cannot.
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
BTC no longer adheres to The Bitcoin White Paper. Segwit and Taproot changed BTC/Bitcoin
As per the $1 Trillion legal claim that BTC is Passing Off as Bitcoin
Here's the problem with digitization, yes it includes BTC. The government can click a mouse and everything you "own" is gone.
That's not how bitcoin works, buddy.
with one click and with all the processing power gathered from the first 20 S&P500 companies and without anyone noticing a click attack 51
@@TFTC Oh really. You think you're the first person to try and use that argument against me? Let me explain something to you. The government has total control over everything, especially everything digital. If you don't understand that concept then I can't have a serious conversation with you
@@TFTC Governments can shut down mining which would destroy bitcoin
@@Pete_L77 We have seen this scenario play out. China "banned" mining, it didn't end well for them.
philosophy and ekonomics.
skip