Gutenberg on Nostr: anil on X: There's a whole lot of commercial real estate that has a monetary premium. ...
anil (npub14hn…a32x) on X:
There's a whole lot of commercial real estate that has a monetary premium.
There's a utility value to real estate to [the person] using it (the true rental value) and that doesn't matter whether it's a consumer or a business. The extent to which the price of the real estate is beyond that is the monetary premium.
The way to know if there's a monetary premium is to think about all the people that have excess cash but don't want to [hold] cash..and their view is I've got to buy an investment property.
Why do you even want to be an investor? The only reason anybody wants to invest in anything is because they believe that the risk-free rate of return on their money is too low to keep up with inflation.
The world is full of people that are actually making investments in order to preserve their wealth. They're doing it because of the weak money. One of the places they make their investments is in real estate.
So how does bitcoin demonetize that? Well, I think you just want to start from first principles and ask: What is property? You can get to pure property by taking away all the defects of real property.
You don't understand the defects in your property until you see perfect synthetic digital property."
—Michael Saylor
There's a whole lot of commercial real estate that has a monetary premium.
There's a utility value to real estate to [the person] using it (the true rental value) and that doesn't matter whether it's a consumer or a business. The extent to which the price of the real estate is beyond that is the monetary premium.
The way to know if there's a monetary premium is to think about all the people that have excess cash but don't want to [hold] cash..and their view is I've got to buy an investment property.
Why do you even want to be an investor? The only reason anybody wants to invest in anything is because they believe that the risk-free rate of return on their money is too low to keep up with inflation.
The world is full of people that are actually making investments in order to preserve their wealth. They're doing it because of the weak money. One of the places they make their investments is in real estate.
So how does bitcoin demonetize that? Well, I think you just want to start from first principles and ask: What is property? You can get to pure property by taking away all the defects of real property.
You don't understand the defects in your property until you see perfect synthetic digital property."
—Michael Saylor