A society grows great when old men plant trees in whose shade they know they shall never sit.

My newsletter "The Connection Between Money and Building Culture" is out! This essay is also part of my upcoming book 'Digital Real Estate', a project I'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.

https://leonwankum.substack.com/p/the-connection-between-money-and-building-culture

Poor design has always existed, but fiat amplifies it by fueling mass production through artificially cheap credit, rigid regulation, and political capture.

We’ve completed the first draft of our Bitcoin & real estate portfolio value estimator! 🏠🚀

This tool shows how Bitcoin can enhance your real estate portfolio performance! Try the model ⤵️ https://www.digitalrealestate.org

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!

Thanks to @nprofile1q... for building the model with us. 🤝

S/o to @nprofile1q... & @nprofile1q... for helping to compile all the data.

We will continue to work on the model and look forward to your feedback!

The integration of bitcoin as collateral into credit products will fundamentally change the global financial system and will be one of the driving forces behind the coming price increases. 🚀

I see significant benefits, particularly for real estate.

Stay tuned for more detailed takes on this next week!

The slides from my recent presentations in Prague and Riga have now been uploaded to my website.

https://leonwankum.com/presentations/

In my latest piece for @npub1t8a7u... "Dismantling the cash-flow narrative: real estate vs. bitcoin" I debunk the myth of intrinsic value and illustrate why cash flow does not directly impact an asset's capacity to serve as a reliable store of value.

#realestate #bitcoin

https://bitcoinmagazine.com/markets/dismantling-the-cash-flow-narrative-real-estate-vs-bitcoin

I've been thinking a lot lately about what would happen to interest rates, lending, etc. once humanity lived on a Bitcoin standard.

Have you ever wondered how lending would look like under a Bitcoin standard? Here are thoughts on it. 👇

- With a finite money like bitcoin, which is designed to deflate (increase in purchasing power) over time, there is no need to earn additional returns. As is the case with an inflationary fiat currency, where losses in purchasing power due to monetary devaluation must be offset.

- The incentive for someone to lend #bitcoin will be considerably low because there is no benefit in potentially losing out on deflation without adequate compensation. As a result, interest rates will likely be significantly higher and market participants will think carefully about lending and borrowing.

- The lender must consider the risk of a significant loss of purchasing power if the money is not paid back and will need to require sufficient collateral to protect against the risk of default, which would have harsher consequences in a deflationary environment.

- The borrower must consider the interest to be paid and the difficulty of repayment due to the risk of deflation.

To a Keynesian economist, this may sound like a deadlock for the economy, but on the contrary, it is good if there is risk associated with taking out a loan.

- This will likely lead to a healthier market environment, as people will not be able to pursue ideas for which there is no demand because it would simply be uneconomical. There will likely be fewer useless companies feeding on cheap money, of which there are many under a fiat standard.

- Overall, when interest rates are higher, borrowers and lenders have an incentive to save money, have an incentive to be more selective with their financing, only put it into their most productive ideas and have an incentive to maintain low debt levels (@`LynAlden` ).

If you want to learn in detail how #Bitcoin could change lending and interest rates, you can read the following article of mine (published by @npub1ltt9g... media).

#Bitcoinstandard #lending #borrowing

https://armantheparman.com/realestatelw/

Be you. @note1rxdaz...

How #Bitcoin, #Lightning & #Nostr allow for innovation without (institutionalised) credit … :

The fiat-based monetary system has made it increasingly difficult for innovations to emerge from the market without institutional funding.

Monetary inflation has made fiat money a poor store of value, which has made it almost impossible for entrepreneurs to save and self-fund innovation.

The capital requirement can usually only be covered by state-affiliated banks and institutes (these include venture capital firms, almost all of which are motivated to maintain good relations with the state).

This development is problematic because the state and its affiliated banks and institutions are pursuing a political agenda. They support projects that follow this agenda.

Satoshi (2009) broke through government imposed gatekeeping and the control mechanism of fiat and institutionalised credit with open (source), permissionless, sound digital money (#bitcoin), laying the foundation for progress free from the shackles of central banking.

Bitcoin is the hardest money ever created. Due to its fixed supply cap, it allows to save and preserve the value of time and effort - giving market actors the time and capital to focus on problems and find appropriate solutions.

The #Lightning Network (2015) introduced a second layer payment protocol for Bitcoin, enabling fast transactions and micropayments.

With the launch of #Nostr (2020), a decentralised protocol for the uncensorable transfer of information, we have a Bitcoin-based tech stack that serves as a basis for market participants to work, communicate and collaborate successfully outside of government control.

Innovation can now emerge from the free market (bottom-up) and is not suppressed, imposed or manipulated from ‘above’.

@nostrich​ @nostrich