Money shapes civilization long before politics reacts to it. Bitcoin’s trajectory does not depend on ideology or permission, but on its ability to coordinate human action more honestly than the systems it replaces.
Leon
@leonwankum@BitcoinNostr.com
npub1v5k4...8rd9
Bitcoin. Real Estate. Philosophy & Ethics. Proof-of-Work. Newsletter: leonwankum.substack.com
I’m approaching 3,000 subscribers to my newsletter💥
I put a lot of work into it: the newsletter is free, contains no ads, and is my medium for exploring topics around Bitcoin, philosophy, ethics, and the Austrian School.
Each month I pick one theme and dive deep into it. If you’re interested, you can subscribe to my newsletter via the link below.


The Bitcoin Newsletter | Leon Wankum | Substack
Bitcoin. Real Estate. Philosophy & Ethics. Click to read The Bitcoin Newsletter, by Leon Wankum, a Substack publication with thousands of subscribers.
Keynesians are evil people. The world will eventually learn what a crime against humanity the disregard for monetary sovereignty was.
I do sometimes & will make sure to post this one! 🫡🤝
View quoted note →
Im currently putting the finishing touches on a new newsletter about Bitcoin and AI. This one has been a lot of fun to write and research. Looking forward to sharing it with you. Out next week!


The Bitcoin Newsletter | Leon Wankum | Substack
Bitcoin. Real Estate. Philosophy & Ethics. Click to read The Bitcoin Newsletter, by Leon Wankum, a Substack publication with thousands of subscribers.
Eine neue Folge mit @Niko Jilch ist online.
Teil 4 unserer 5-teiligen Serie.
Viel Spass damit!
GM Nostr! 🌞
In the 27th edition of my newsletter, I explore how bitcoin’s rise could reshape global markets, in particular housing, interest rates, lending, and investments, with far-reaching implications for society. Enjoy!
PS: As this will be part of the third and final chapter of my upcoming book "DIGITAL REAL ESTATE", I welcome feedback on my outlook!


Bitcoin’s Impact on Global Markets: Housing, Interest Rates, Lending, and Investments
TBN 27 - In this edition of the newsletter, I explore how bitcoin, as an emerging variable in global markets, could drastically reshape housing, in...
Many normies are asking me why bitcoin is preferable to an ETF.
I wrote a piece on this last year, feel free to share it with your normie friends, it might help them too!
https://europeanbitcoiners.com/bitcoin-is-an-etf-on-global-ingenuity/
The investment worlds of #realestate and Bitcoin will merge more and more. Until the speculation that today takes place in real estate largely migrates to bitcoin and real estate falls back to its utility value.
Some ideas and products will be better than others, but the journey there will be incredibly exciting. 💫
GM 🌞
No matter how high we go, you don't have to sell your corn to spend fiat, just wait for the right multi-sig setup so you can borrow fiat against BTC. 😎
Once bitcoin is fully monetized and becomes the world’s reserve currency, its value would represent global productivity, acting as a global index of productivity.
Bitcoin’s change in value would be related to the world's economic output, with its purchasing power adjusting to the economic climate. The price will rise with expected productivity gains and fall in line with expected losses, such as after natural disasters.
This transformation will take a long time, possibly decades or even a century, to fully materialize. But it will happen!
In the 26th edition of my newsletter, I explore the history and mechanisms that enable Bitcoin and Nostr to act as catalysts for innovation and human progress.
I would like to thank @UNCLE ROCKSTAR for the inspiring discussions and encouraging words. What began as a conversation before my trip to Nostrica led to months of introspection and ultimately this article.
I would also like to thank @gsovereignty for his work with Nostrocket and our exchange of ideas that led to the publication of this piece! I look forward to exploring and understanding the possibilities of Nostr deeper as I continue my journey.


Nostr: The Importance of Censorship-Resistant Communication for Innovation and Human Progress
TBN 26 - In this edition of the newsletter, I explore the history and mechanisms that enable Bitcoin and Nostr to act as catalysts for innovation a...
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
Most interesting ‚thing‘ I watched in a while. Opinions ?
„The difference between those who fail and those who succeed is their courage to act repeatedly“— @Carl B Menger


Joy of Compounding
Episode XVI. Block height: 844000. Everything, in time. Compounding is key because human time is scarce.
The digital disruption Bitcoin embodies to the real estate industry can be likened to the advent of email. Just as email and other internet-based messaging services revolutionized communication by becoming the primary means of sending messages, bitcoin holds the potential to transform the way we store and send value.
It is conceivable that bitcoin could assume the role currently held by real estate as the foremost method of wealth preservation.
This potential shift in the paradigm of value storage and transfer is reminiscent of how email and digital messaging have largely replaced traditional postal services, underscoring the profound impact of technological advancements on societal norms.
#bitcoin #realestate