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Leon Wankum, bitcoin writer, crypto commentator and real estate investor, explores the idea of bitcoin as 'digital real estate' in an excerpt from an upcoming book.
He discusses how bitcoin can create a new economic framework by functioning in a manner similar to real estate assets in the digital realm.
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Wankum previously argued that bitcoin could reduce demand for property as a traditional monetary hedge in a discussion on shifts in property markets. He also noted that monetary goods tend to gain initial adoption through savings and collateral, according to his analysis of adoption patterns. These past observations provide context for his ongoing comparison of bitcoin and real estate.