In this edition of my newsletter, I explore why bear markets are not a failure of Bitcoin, but a prerequisite for its survival.

Bitcoin Cycles: How Resilience Is Built

TBN 35 - In this edition, I explore why bear markets are not a failure of Bitcoin, but a prerequisite for its survival.

"A 'cosmic accounting' system incorporates the survival values of a life-sustaining environment, the values, in energy and time, of the production of fossil fuels by nature, and the values of a regenerative and adaptive energy system and of renewable materials. Using this system, our present ways of utilizing energy are seen to be ridiculously wasteful."—R. Buckminster Fuller on Bitcoin

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.

My upcoming newsletter “Bitcoin Cycles: How Resilience Is Built” will be released early 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.

On route.

Back at it. 🥊

HNY.

We had a good run. Time to get back to work.

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.

The Connection Between Money and Building Culture

TBN 34 - In this edition I explain why modern architecture often resists timeless principles of beauty seen in the Mona Lisa, the Pyramids, or the ...

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

Mein Vortrag „Die Zukunft von Bitcoin & Immobilien“ vom 3. Bitcoin Forum Bayern ist jetzt als PDF-Slides & Transkript auf meiner Website. Dort findet ihr alle meine bisherigen Vorträge, Artikel, Podcasts etc. rund um Bitcoin & Immobilien usw., gesammelt aus den letzen Jahren.

Leon A. Wankum

Die Zukunft von Immobilien und Bitcoin - Leon Wankum

Im Oktober 2025 hatte ich die Freude, auf dem Bitcoin Forum Bayern zu sprechen.In meinem Vortrag zeigte ich, wie Bitcoin die Rolle von Immobilien als

My newsletter “Bitcoin’s Impact on Global Markets” is out!

Bitcoin’s Impact on Global Markets

TBN 33 - In this edition, I explore Bitcoin’s economic and social impact through the lens of its influence on global markets.

I’ve postponed my newsletter on architecture to first tackle the bigger question: What is Bitcoin’s impact on global markets? I’ll dive into that in next week’s issue before zooming back into the micro-level of architecture, construction, and design. 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.

The entire world lives in a perceived reality

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.

I’ve uploaded my talk, How Bitcoin Changes the Way Humanity Saves and Lives, from this year’s BTC Prague, including the video, slides, and transcript, to my website, where you can also find my other work.

Leon A. Wankum

How Bitcoin Changes The Way Humanity Saves & Lives - Leon Wankum

In June 2025, I had the pleasure of speaking at BTC Prague for the second time. My talk explored how Bitcoin challenges real estate’s role as a s...

In the next edition of my newsletter, I’ll explore how bitcoin, as a disinflationary monetary standard, could reshape construction practices, architectural aesthetics, and urban design. Out next month!

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.