+- Thevin Campton -- 902d --------------------------------------------------[...]+ | | | If you can find Kikusui, highly recommend. | | | +-- reply ------------------------------------------------------------------- ---+If you can find Kikusui, highly recommend.
npub1tv9uejkrc5ey8ec8ewucf9347p4t7yf6a5uc3nvc2aae90ww9ywsgntde3
thevin@BitcoinNostr.com
∞/21M | 0x6c9c2863dda8e1c3@ln.tips
+- Thevin Campton -- 1099d -------------------------------------------------[...]+ | | | This content got 50 likes on Twitter. Let's see how it does on Nostr... | | | | What makes #bitcoin a superior store of value to traditional real estate? | | | | 1.) Real estate is EXTREMELY location specific. Your cashflow hinges on local | | fundamentals/expenses, local regulation, local zoning, local taxation and | | local population growth. | | | | #Bitcoin is location agnostic. It exists everywhere and nowhere, able to | | escape authoritarian regimes. | | | | 2.) Real estate is EXTREMELY cost intensive. A new roof, functional | | obsolescence, structural damage, etc can destroy months of cashflow. If you | | cannot service it or are forced to sell, we call that DISTRESSED. Sound | | familiar in 2023? | | | | #Bitcoin has no ongoing user maintenance costs. | | | | 3.) Real estate profit is EXTREMELY skewed toward operators. As an LP, you are | | placing your capital in the hands of your operator (GP), who makes the bulk of | | property decisions w/r/t your investment $. | | | | With #Bitcoin, you control where and how it's controlled. No counterparty | | risk. | | | | 4.) Real estate is EXTREMELY illiquid. The sale process of even a | | highly-desirable CRE asset is typically 2-3 months. Marketing, offer process, | | due diligence, closing, etc takes time. | | | | #Bitcoin is a 24/7/365 highly-liquid marketplace with a network uptime of | | 99.99% since 01/03/2009. | | | | 5.) Real estate, particularly CRE, has an EXTREMELY high entry-level cost. | | Even a small $3M deal typically requires ≥$600,000 in equity. With 60% of the | | US population living paycheck-to-paycheck, CRE ownership is a dream. | | | | If you have $1.00 to your name, you can buy #BTC today. | | | | 6.) Real estate is EXTREMELY management intensive. If you outsource | | management, it's expensive. If you manage it yourself, it's time-consuming. | | | | #Bitcoin allows you to pocket your "digital real estate" and take your UTXO | | ownership with you wherever you go. | | | | 100% transportability! | | | | 7.) Real estate is EXTREMELY subject to environmental risk. Did a neighbor | | leak hazardous chemicals onto your property? Did a hurricane come through? | | Hail, flooding, other acts of God? | | | | #Bitcoin exists solely in cyberspace. It does not decay under time or material | | conditions. | | | | 8.) As rental rates rise, so does the $ incentive to construct MORE real | | estate. | | | | #Bitcoin has a perfectly inelastic supply (21m only). More demand ≠ more btc. | | As more miners join the network, the more secure the network becomes. As more | | use #btc, the higher the price should rise. | | | | 9.) All of these factors render a blanket conclusion: | | | | For the average person, #bitcoin is a superior alternative as a store-of-value | | and wealth builder over RE. BTC has less risk, more upside, all while boasting | | superior returns on a risk/reward basis for long-term holders. | | | | Kudos to the #[0] team and Hard Money show for the great content. | | | +-- reply ------------------------------------------------------------------- ---+This content got 50 likes on Twitter. Let's see how it does on Nostr... What makes #bitcoin a superior store of value to traditional real estate? 1.) Real estate is EXTREMELY location specific. Your cashflow hinges on local fundamentals/expenses, local regulation, local zoning, local taxation and local population growth. #Bitcoin is location agnostic. It exists everywhere and nowhere, able to escape authoritarian regimes. 2.) Real estate is EXTREMELY cost intensive. A new roof, functional obsolescence, structural damage, etc can destroy months of cashflow. If you cannot service it or are forced to sell, we call that DISTRESSED. Sound familiar in 2023? #Bitcoin has no ongoing user maintenance costs. 3.) Real estate profit is EXTREMELY skewed toward operators. As an LP, you are placing your capital in the hands of your operator (GP), who makes the bulk of property decisions w/r/t your investment $. With #Bitcoin, you control where and how it's controlled. No counterparty risk. 4.) Real estate is EXTREMELY illiquid. The sale process of even a highly-desirable CRE asset is typically 2-3 months. Marketing, offer process, due diligence, closing, etc takes time. #Bitcoin is a 24/7/365 highly-liquid marketplace with a network uptime of 99.99% since 01/03/2009. 5.) Real estate, particularly CRE, has an EXTREMELY high entry-level cost. Even a small $3M deal typically requires ≥$600,000 in equity. With 60% of the US population living paycheck-to-paycheck, CRE ownership is a dream. If you have $1.00 to your name, you can buy #BTC today. 6.) Real estate is EXTREMELY management intensive. If you outsource management, it's expensive. If you manage it yourself, it's time-consuming. #Bitcoin allows you to pocket your "digital real estate" and take your UTXO ownership with you wherever you go. 100% transportability! 7.) Real estate is EXTREMELY subject to environmental risk. Did a neighbor leak hazardous chemicals onto your property? Did a hurricane come through? Hail, flooding, other acts of God? #Bitcoin exists solely in cyberspace. It does not decay under time or material conditions. 8.) As rental rates rise, so does the $ incentive to construct MORE real estate. #Bitcoin has a perfectly inelastic supply (21m only). More demand ≠ more btc. As more miners join the network, the more secure the network becomes. As more use #btc, the higher the price should rise. 9.) All of these factors render a blanket conclusion: For the average person, #bitcoin is a superior alternative as a store-of-value and wealth builder over RE. BTC has less risk, more upside, all while boasting superior returns on a risk/reward basis for long-term holders. Kudos to the #[0] team and Hard Money show for the great content.
+- Thevin Campton -- 1107d -------------------------------------------------[...]+ | | | Working in Commercial Real Estate, sometimes it be like that | | | | https://nostr.build/av/nostr.build_4153a464c394f84312834d499d5e9ec99c16207a199 | | 3edbe49bbd43a6fae57d9.mov | | | +-- reply ------------------------------------------------------------------- ---+Working in Commercial Real Estate, sometimes it be like that https://nostr.build/av/nostr.build_4153a464c394f84312834d499d5e9ec99c16207a1993edbe49bbd43a6fae57d9.mov
+- Thevin Campton -- 1110d -------------------------------------------------[...]+ | | | #[2] 👀 | | | +-- reply ------------------------------------------------------------------- ---+#[2] 👀
+- Thevin Campton -- 1110d -------------------------------------------------[...]+ | | | The fact we live at a time in monetary history where you can pay with (i) | | paper money, (ii.) electronically via tapping your phone, and (iii) privately | | and without permission using Bitcoin, goes under appreciated. | | | +-- reply ------------------------------------------------------------------- ---+The fact we live at a time in monetary history where you can pay with (i) paper money, (ii.) electronically via tapping your phone, and (iii) privately and without permission using Bitcoin, goes under appreciated.
+- Thevin Campton -- 1112d -------------------------------------------------[...]+ | | | Can’t tell if Bikram Yoga is making my left knee better or worse. 🫠 | | | +-- reply ------------------------------------------------------------------- ---+Can’t tell if Bikram Yoga is making my left knee better or worse. 🫠
+- Thevin Campton -- 1112d -------------------------------------------------[...]+ | | | 100%. I've found some newer banks allow for it, like Mercury for small | | businesses. | | | +-- reply ------------------------------------------------------------------- ---+100%. I've found some newer banks allow for it, like Mercury for small businesses.
+- Thevin Campton -- 1112d -------------------------------------------------[...]+ | | | My guess is SMS 2FA is relatively easy for Boomers and older GenXers to grasp. | | 2FA AUTH apps, not so much. Would create a huge uptick in customer service | | needs. | | | +-- reply ------------------------------------------------------------------- ---+My guess is SMS 2FA is relatively easy for Boomers and older GenXers to grasp. 2FA AUTH apps, not so much. Would create a huge uptick in customer service needs.
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | @similarity bot recommend | | | +-- reply ------------------------------------------------------------------- ---+@similarity bot recommend
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | I’m waiting for the Doge implementation. The logo stunt felt like foreshadow. | | | +-- reply ------------------------------------------------------------------- ---+I’m waiting for the Doge implementation. The logo stunt felt like foreshadow.
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | Even more so the idea of a select few controlling the eb/flow of money. | | | +-- reply ------------------------------------------------------------------- ---+Even more so the idea of a select few controlling the eb/flow of money.
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | CSW is no Satoshi, but he might be Rudy Kurniawan. | | | +-- reply ------------------------------------------------------------------- ---+CSW is no Satoshi, but he might be Rudy Kurniawan.
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | Looking forward to more mistakes by Twitter to drive NOSTR growth 👊🏽 | | | +-- reply ------------------------------------------------------------------- ---+Looking forward to more mistakes by Twitter to drive NOSTR growth 👊🏽
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | By forfeiting your liberties, you trade a possible enemy for a guaranteed one. | | | +-- reply ------------------------------------------------------------------- ---+By forfeiting your liberties, you trade a possible enemy for a guaranteed one.
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | Damn only 27 more sats needed for generational wealth. | | | +-- reply ------------------------------------------------------------------- ---+Damn only 27 more sats needed for generational wealth.
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | You don't need to be a chart specialist to know that 2023 will be serving up | | lots of humble 🥧 to late-cycle RE investors. | | | | Meanwhile, bitcoiners will be enjoying their baklava. | | | | https://nostr.build/i/nostr.build_33b6f134c52eec9983cc4aac146fd11378a68503a1b0 | | 11f030be612091dfe1d3.png | | | +-- reply ------------------------------------------------------------------- ---+You don't need to be a chart specialist to know that 2023 will be serving up lots of humble 🥧 to late-cycle RE investors. Meanwhile, bitcoiners will be enjoying their baklava. https://nostr.build/i/nostr.build_33b6f134c52eec9983cc4aac146fd11378a68503a1b011f030be612091dfe1d3.png
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | Sure, WFH is affecting the office market. | | | | Though the greater short-term threat to office are accelerating job cuts, | | particularly among white-collar workers. | | | | If we assume 1 employee = ~200 SF of office, a layoff of 500 = (~100,000) in | | net absorption. | | | | This chart is tech alone. | | | | https://nostr.build/i/nostr.build_d2a160ce91702892c3325d2590c25cc03117d2c8edfa | | ada9926322726de92b4f.png | | | +-- reply ------------------------------------------------------------------- ---+Sure, WFH is affecting the office market. Though the greater short-term threat to office are accelerating job cuts, particularly among white-collar workers. If we assume 1 employee = ~200 SF of office, a layoff of 500 = (~100,000) in net absorption. This chart is tech alone. https://nostr.build/i/nostr.build_d2a160ce91702892c3325d2590c25cc03117d2c8edfaada9926322726de92b4f.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 12/ This thread scrapes the surface of the similarities between RE/BTC at a | | high level. | | | | Deeper threads are possible, but become laden with jargon from either side... | | BTC witness data, block space, UTXOs... absorption, caps, NOI, zoning/FLU, | | etc... | | | | Eventually, maybe. | | | +-- reply ------------------------------------------------------------------- ---+12/ This thread scrapes the surface of the similarities between RE/BTC at a high level. Deeper threads are possible, but become laden with jargon from either side... BTC witness data, block space, UTXOs... absorption, caps, NOI, zoning/FLU, etc... Eventually, maybe.
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 11/ Sure, you "cannot live" in Bitcoin, just as you cannot pick up your | | 15-unit multifamily property in California where tenants are legally | | 'squatting' for months on end without payment and move it to another state. | | | | There are obvious pros/cons to each asset. Caveat emptor. | | | +-- reply ------------------------------------------------------------------- ---+11/ Sure, you "cannot live" in Bitcoin, just as you cannot pick up your 15-unit multifamily property in California where tenants are legally 'squatting' for months on end without payment and move it to another state. There are obvious pros/cons to each asset. Caveat emptor.
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 10/ Bitcoin is arguably one of the most valuable humanitarian tools ever | | created, if embraced. | | | | It provides a path forward toward the separation of money and State. | | | | An escape hatch from monetary control and the financial surveillance | | panopticon being ushered in globally. | | | | https://nostr.build/i/nostr.build_84bef9154688abf432a492373d127af9f44ad38589af | | ae1c9bb47d2ab9ff950a.jpg | | | +-- reply ------------------------------------------------------------------- ---+10/ Bitcoin is arguably one of the most valuable humanitarian tools ever created, if embraced. It provides a path forward toward the separation of money and State. An escape hatch from monetary control and the financial surveillance panopticon being ushered in globally. https://nostr.build/i/nostr.build_84bef9154688abf432a492373d127af9f44ad38589afae1c9bb47d2ab9ff950a.jpg
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 9/ Bitcoin extends property rights to 8 billion people globally. | | | | In countries where restrictions exist (China, Cuba, North Korea, etc), BTC | | provides safe haven for fleeing capital. | | | | Double-digit inflation or CBDCs? Bitcoin is a monetary tool against | | manipulation/devaluation. | | | | https://nostr.build/i/nostr.build_87663b0df627a088e797c8148d8816ef251a0bb2f9a1 | | 18001cccbc81425f9a66.png | | | +-- reply ------------------------------------------------------------------- ---+9/ Bitcoin extends property rights to 8 billion people globally. In countries where restrictions exist (China, Cuba, North Korea, etc), BTC provides safe haven for fleeing capital. Double-digit inflation or CBDCs? Bitcoin is a monetary tool against manipulation/devaluation. https://nostr.build/i/nostr.build_87663b0df627a088e797c8148d8816ef251a0bb2f9a118001cccbc81425f9a66.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 8/ Bitcoin exists everywhere and nowhere. Unlike real estate, bitcoin is | | perfectly transportable. Your buyer pool? Anyone with internet. | | | | You are not limited to a pool of RE investors, but rather any single person | | looking to transmit or hold value without trust or permission. | | | | https://nostr.build/i/nostr.build_30be896e4c41fe29f8a8da4ffbf0560696047f7df85b | | 55263b43858b2038feb4.png | | | +-- reply ------------------------------------------------------------------- ---+8/ Bitcoin exists everywhere and nowhere. Unlike real estate, bitcoin is perfectly transportable. Your buyer pool? Anyone with internet. You are not limited to a pool of RE investors, but rather any single person looking to transmit or hold value without trust or permission. https://nostr.build/i/nostr.build_30be896e4c41fe29f8a8da4ffbf0560696047f7df85b55263b43858b2038feb4.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 7/ Bitcoin offers the ability to gradually "save your way to wealth," | | apathetic to whether you're rich or poor. | | | | It's (i.) perfectly inelastic supply, (ii.) liquidity and (iii.) growing | | adoption offers asymmetrical upside without the countless risks associated w/ | | RE investment. | | | | https://nostr.build/i/nostr.build_0369ae788f09377d8b88f11b8599377f5ee7cd858cf2 | | 9f21a62da0d2792b7ef6.png | | | +-- reply ------------------------------------------------------------------- ---+7/ Bitcoin offers the ability to gradually "save your way to wealth," apathetic to whether you're rich or poor. It's (i.) perfectly inelastic supply, (ii.) liquidity and (iii.) growing adoption offers asymmetrical upside without the countless risks associated w/ RE investment. https://nostr.build/i/nostr.build_0369ae788f09377d8b88f11b8599377f5ee7cd858cf29f21a62da0d2792b7ef6.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 6/ Yes, CRE is a great wealth building tool... if you already have some | | wealth. Even at 80% LTV, for a $3,000,000 asset among six investors, you're | | looking at $100,000 of required equity. | | | | An impossibility for the majority of Americans (~60%) living paycheck to | | paycheck. | | | | https://nostr.build/i/nostr.build_2f86e23413b2897c18f5acadb430faa469bba5505114 | | b0d5466bed745fb96cdb.jpg | | | +-- reply ------------------------------------------------------------------- ---+6/ Yes, CRE is a great wealth building tool... if you already have some wealth. Even at 80% LTV, for a $3,000,000 asset among six investors, you're looking at $100,000 of required equity. An impossibility for the majority of Americans (~60%) living paycheck to paycheck. https://nostr.build/i/nostr.build_2f86e23413b2897c18f5acadb430faa469bba5505114b0d5466bed745fb96cdb.jpg
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 5/ Every received BTC transaction represents irrevocable ownership of the | | infinitely scarce BTC network. | | | | Like land in Manhattan, simply by virtue of ownership, you benefit from | | development. | | | | In NYC, that could be a nearby highrise. | | In BTC, it's ALL protocol upgrades and L2/3s. | | | | https://nostr.build/i/nostr.build_9d88929c337c750a70aa47f0a3898c5b7c8e75549be7 | | dc1c968195231fb71aba.webp | | | | https://nostr.build/i/nostr.build_8db35e3157835885223234b96bcbea33ae9a3e6b1a89 | | 47abb60475807cf56ece.png | | | +-- reply ------------------------------------------------------------------- ---+5/ Every received BTC transaction represents irrevocable ownership of the infinitely scarce BTC network. Like land in Manhattan, simply by virtue of ownership, you benefit from development. In NYC, that could be a nearby highrise. In BTC, it's ALL protocol upgrades and L2/3s. https://nostr.build/i/nostr.build_9d88929c337c750a70aa47f0a3898c5b7c8e75549be7dc1c968195231fb71aba.webp https://nostr.build/i/nostr.build_8db35e3157835885223234b96bcbea33ae9a3e6b1a8947abb60475807cf56ece.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 4.2/ These developments overlaid on the bitcoin base layer include "Layer 2" | | protocols, such as the Lightning Network (enabling instant payments). | | | | Layer 2 networks provide additional utilization and value accretive to the | | underlying base, not unlike buildings atop raw land. | | | | https://nostr.build/i/nostr.build_17514798d3b1a301d515c4e349525bfcda67b2da697b | | b4a82cd82b892aa11366.png | | | +-- reply ------------------------------------------------------------------- ---+4.2/ These developments overlaid on the bitcoin base layer include "Layer 2" protocols, such as the Lightning Network (enabling instant payments). Layer 2 networks provide additional utilization and value accretive to the underlying base, not unlike buildings atop raw land. https://nostr.build/i/nostr.build_17514798d3b1a301d515c4e349525bfcda67b2da697bb4a82cd82b892aa11366.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 4/ Land is the foundation, the "base layer," of EVERY institutional-grade | | commercial asset in existence today. | | | | Like land, Bitcoin is the "base layer" of a new monetary protocol. | | | | Akin to construction projects on land, developers all over the world are | | "building on top" of BTC. | | | +-- reply ------------------------------------------------------------------- ---+4/ Land is the foundation, the "base layer," of EVERY institutional-grade commercial asset in existence today. Like land, Bitcoin is the "base layer" of a new monetary protocol. Akin to construction projects on land, developers all over the world are "building on top" of BTC.
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 3/ Though, for argument's sake, let's say bitcoin closest resembles land. | | | | Like land, BTC can't be depreciated as most commercial assets. | | | | Both land and BTC have a *perfectly inelastic* supply, meaning increased | | demand for either does NOT lead to an increased supply. | | | | https://nostr.build/i/nostr.build_0e4c53accb82f883132c7adfc56c02f5c3a2d65dcc2e | | a46856f3f008774f5cdf.jpg | | | | https://nostr.build/i/nostr.build_b42410217e86abfea07d9364abf986dc95d143d997d2 | | db1f4b6896218544a2d1.png | | | +-- reply ------------------------------------------------------------------- ---+3/ Though, for argument's sake, let's say bitcoin closest resembles land. Like land, BTC can't be depreciated as most commercial assets. Both land and BTC have a *perfectly inelastic* supply, meaning increased demand for either does NOT lead to an increased supply. https://nostr.build/i/nostr.build_0e4c53accb82f883132c7adfc56c02f5c3a2d65dcc2ea46856f3f008774f5cdf.jpg https://nostr.build/i/nostr.build_b42410217e86abfea07d9364abf986dc95d143d997d2db1f4b6896218544a2d1.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 2/ Real estate professionals (brokers, owners, investors, developers, etc.) | | are some of the most dismissive of #bitcoin. At first glance, understandably | | so. | | | | One reason is obvious—one is purely tangible, one is purely digital. It's | | difficult to reconcile the two side by side. | | | | https://nostr.build/i/nostr.build_395d684fb8a273797c609ccbc98dcaa9b28d25e338cf | | f63e167e6d2ad4d8fded.jpg | | | | https://nostr.build/i/nostr.build_5abb4ee376cfbd1ff0d14a860b82422938d2b3346793 | | a79da297b39451086d51.png | | | +-- reply ------------------------------------------------------------------- ---+2/ Real estate professionals (brokers, owners, investors, developers, etc.) are some of the most dismissive of #bitcoin. At first glance, understandably so. One reason is obvious—one is purely tangible, one is purely digital. It's difficult to reconcile the two side by side. https://nostr.build/i/nostr.build_395d684fb8a273797c609ccbc98dcaa9b28d25e338cff63e167e6d2ad4d8fded.jpg https://nostr.build/i/nostr.build_5abb4ee376cfbd1ff0d14a860b82422938d2b3346793a79da297b39451086d51.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | "Bitcoin is digital real estate." | | | | The investment thesis and similarities drew me in. The gradual evolution of | | modern finance with BTC as the backbone is what keeps me passionate. | | | | I had some free time last night, so here's a 🧵: | | | +-- reply ------------------------------------------------------------------- ---+"Bitcoin is digital real estate." The investment thesis and similarities drew me in. The gradual evolution of modern finance with BTC as the backbone is what keeps me passionate. I had some free time last night, so here's a 🧵:
No replies found in cached notes yet.
+- Thevin Campton -- 1107d -------------------------------------------------[...]+ | | | Working in Commercial Real Estate, sometimes it be like that | | | | https://nostr.build/av/nostr.build_4153a464c394f84312834d499d5e9ec99c16207a199 | | 3edbe49bbd43a6fae57d9.mov | | | +-- reply ------------------------------------------------------------------- ---+Working in Commercial Real Estate, sometimes it be like that https://nostr.build/av/nostr.build_4153a464c394f84312834d499d5e9ec99c16207a1993edbe49bbd43a6fae57d9.mov
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | You don't need to be a chart specialist to know that 2023 will be serving up | | lots of humble 🥧 to late-cycle RE investors. | | | | Meanwhile, bitcoiners will be enjoying their baklava. | | | | https://nostr.build/i/nostr.build_33b6f134c52eec9983cc4aac146fd11378a68503a1b0 | | 11f030be612091dfe1d3.png | | | +-- reply ------------------------------------------------------------------- ---+You don't need to be a chart specialist to know that 2023 will be serving up lots of humble 🥧 to late-cycle RE investors. Meanwhile, bitcoiners will be enjoying their baklava. https://nostr.build/i/nostr.build_33b6f134c52eec9983cc4aac146fd11378a68503a1b011f030be612091dfe1d3.png
+- Thevin Campton -- 1113d -------------------------------------------------[...]+ | | | Sure, WFH is affecting the office market. | | | | Though the greater short-term threat to office are accelerating job cuts, | | particularly among white-collar workers. | | | | If we assume 1 employee = ~200 SF of office, a layoff of 500 = (~100,000) in | | net absorption. | | | | This chart is tech alone. | | | | https://nostr.build/i/nostr.build_d2a160ce91702892c3325d2590c25cc03117d2c8edfa | | ada9926322726de92b4f.png | | | +-- reply ------------------------------------------------------------------- ---+Sure, WFH is affecting the office market. Though the greater short-term threat to office are accelerating job cuts, particularly among white-collar workers. If we assume 1 employee = ~200 SF of office, a layoff of 500 = (~100,000) in net absorption. This chart is tech alone. https://nostr.build/i/nostr.build_d2a160ce91702892c3325d2590c25cc03117d2c8edfaada9926322726de92b4f.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 10/ Bitcoin is arguably one of the most valuable humanitarian tools ever | | created, if embraced. | | | | It provides a path forward toward the separation of money and State. | | | | An escape hatch from monetary control and the financial surveillance | | panopticon being ushered in globally. | | | | https://nostr.build/i/nostr.build_84bef9154688abf432a492373d127af9f44ad38589af | | ae1c9bb47d2ab9ff950a.jpg | | | +-- reply ------------------------------------------------------------------- ---+10/ Bitcoin is arguably one of the most valuable humanitarian tools ever created, if embraced. It provides a path forward toward the separation of money and State. An escape hatch from monetary control and the financial surveillance panopticon being ushered in globally. https://nostr.build/i/nostr.build_84bef9154688abf432a492373d127af9f44ad38589afae1c9bb47d2ab9ff950a.jpg
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 9/ Bitcoin extends property rights to 8 billion people globally. | | | | In countries where restrictions exist (China, Cuba, North Korea, etc), BTC | | provides safe haven for fleeing capital. | | | | Double-digit inflation or CBDCs? Bitcoin is a monetary tool against | | manipulation/devaluation. | | | | https://nostr.build/i/nostr.build_87663b0df627a088e797c8148d8816ef251a0bb2f9a1 | | 18001cccbc81425f9a66.png | | | +-- reply ------------------------------------------------------------------- ---+9/ Bitcoin extends property rights to 8 billion people globally. In countries where restrictions exist (China, Cuba, North Korea, etc), BTC provides safe haven for fleeing capital. Double-digit inflation or CBDCs? Bitcoin is a monetary tool against manipulation/devaluation. https://nostr.build/i/nostr.build_87663b0df627a088e797c8148d8816ef251a0bb2f9a118001cccbc81425f9a66.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 8/ Bitcoin exists everywhere and nowhere. Unlike real estate, bitcoin is | | perfectly transportable. Your buyer pool? Anyone with internet. | | | | You are not limited to a pool of RE investors, but rather any single person | | looking to transmit or hold value without trust or permission. | | | | https://nostr.build/i/nostr.build_30be896e4c41fe29f8a8da4ffbf0560696047f7df85b | | 55263b43858b2038feb4.png | | | +-- reply ------------------------------------------------------------------- ---+8/ Bitcoin exists everywhere and nowhere. Unlike real estate, bitcoin is perfectly transportable. Your buyer pool? Anyone with internet. You are not limited to a pool of RE investors, but rather any single person looking to transmit or hold value without trust or permission. https://nostr.build/i/nostr.build_30be896e4c41fe29f8a8da4ffbf0560696047f7df85b55263b43858b2038feb4.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 7/ Bitcoin offers the ability to gradually "save your way to wealth," | | apathetic to whether you're rich or poor. | | | | It's (i.) perfectly inelastic supply, (ii.) liquidity and (iii.) growing | | adoption offers asymmetrical upside without the countless risks associated w/ | | RE investment. | | | | https://nostr.build/i/nostr.build_0369ae788f09377d8b88f11b8599377f5ee7cd858cf2 | | 9f21a62da0d2792b7ef6.png | | | +-- reply ------------------------------------------------------------------- ---+7/ Bitcoin offers the ability to gradually "save your way to wealth," apathetic to whether you're rich or poor. It's (i.) perfectly inelastic supply, (ii.) liquidity and (iii.) growing adoption offers asymmetrical upside without the countless risks associated w/ RE investment. https://nostr.build/i/nostr.build_0369ae788f09377d8b88f11b8599377f5ee7cd858cf29f21a62da0d2792b7ef6.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 6/ Yes, CRE is a great wealth building tool... if you already have some | | wealth. Even at 80% LTV, for a $3,000,000 asset among six investors, you're | | looking at $100,000 of required equity. | | | | An impossibility for the majority of Americans (~60%) living paycheck to | | paycheck. | | | | https://nostr.build/i/nostr.build_2f86e23413b2897c18f5acadb430faa469bba5505114 | | b0d5466bed745fb96cdb.jpg | | | +-- reply ------------------------------------------------------------------- ---+6/ Yes, CRE is a great wealth building tool... if you already have some wealth. Even at 80% LTV, for a $3,000,000 asset among six investors, you're looking at $100,000 of required equity. An impossibility for the majority of Americans (~60%) living paycheck to paycheck. https://nostr.build/i/nostr.build_2f86e23413b2897c18f5acadb430faa469bba5505114b0d5466bed745fb96cdb.jpg
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 5/ Every received BTC transaction represents irrevocable ownership of the | | infinitely scarce BTC network. | | | | Like land in Manhattan, simply by virtue of ownership, you benefit from | | development. | | | | In NYC, that could be a nearby highrise. | | In BTC, it's ALL protocol upgrades and L2/3s. | | | | https://nostr.build/i/nostr.build_9d88929c337c750a70aa47f0a3898c5b7c8e75549be7 | | dc1c968195231fb71aba.webp | | | | https://nostr.build/i/nostr.build_8db35e3157835885223234b96bcbea33ae9a3e6b1a89 | | 47abb60475807cf56ece.png | | | +-- reply ------------------------------------------------------------------- ---+5/ Every received BTC transaction represents irrevocable ownership of the infinitely scarce BTC network. Like land in Manhattan, simply by virtue of ownership, you benefit from development. In NYC, that could be a nearby highrise. In BTC, it's ALL protocol upgrades and L2/3s. https://nostr.build/i/nostr.build_9d88929c337c750a70aa47f0a3898c5b7c8e75549be7dc1c968195231fb71aba.webp https://nostr.build/i/nostr.build_8db35e3157835885223234b96bcbea33ae9a3e6b1a8947abb60475807cf56ece.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 4.2/ These developments overlaid on the bitcoin base layer include "Layer 2" | | protocols, such as the Lightning Network (enabling instant payments). | | | | Layer 2 networks provide additional utilization and value accretive to the | | underlying base, not unlike buildings atop raw land. | | | | https://nostr.build/i/nostr.build_17514798d3b1a301d515c4e349525bfcda67b2da697b | | b4a82cd82b892aa11366.png | | | +-- reply ------------------------------------------------------------------- ---+4.2/ These developments overlaid on the bitcoin base layer include "Layer 2" protocols, such as the Lightning Network (enabling instant payments). Layer 2 networks provide additional utilization and value accretive to the underlying base, not unlike buildings atop raw land. https://nostr.build/i/nostr.build_17514798d3b1a301d515c4e349525bfcda67b2da697bb4a82cd82b892aa11366.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 3/ Though, for argument's sake, let's say bitcoin closest resembles land. | | | | Like land, BTC can't be depreciated as most commercial assets. | | | | Both land and BTC have a *perfectly inelastic* supply, meaning increased | | demand for either does NOT lead to an increased supply. | | | | https://nostr.build/i/nostr.build_0e4c53accb82f883132c7adfc56c02f5c3a2d65dcc2e | | a46856f3f008774f5cdf.jpg | | | | https://nostr.build/i/nostr.build_b42410217e86abfea07d9364abf986dc95d143d997d2 | | db1f4b6896218544a2d1.png | | | +-- reply ------------------------------------------------------------------- ---+3/ Though, for argument's sake, let's say bitcoin closest resembles land. Like land, BTC can't be depreciated as most commercial assets. Both land and BTC have a *perfectly inelastic* supply, meaning increased demand for either does NOT lead to an increased supply. https://nostr.build/i/nostr.build_0e4c53accb82f883132c7adfc56c02f5c3a2d65dcc2ea46856f3f008774f5cdf.jpg https://nostr.build/i/nostr.build_b42410217e86abfea07d9364abf986dc95d143d997d2db1f4b6896218544a2d1.png
+- Thevin Campton -- 1116d -------------------------------------------------[...]+ | | | 2/ Real estate professionals (brokers, owners, investors, developers, etc.) | | are some of the most dismissive of #bitcoin. At first glance, understandably | | so. | | | | One reason is obvious—one is purely tangible, one is purely digital. It's | | difficult to reconcile the two side by side. | | | | https://nostr.build/i/nostr.build_395d684fb8a273797c609ccbc98dcaa9b28d25e338cf | | f63e167e6d2ad4d8fded.jpg | | | | https://nostr.build/i/nostr.build_5abb4ee376cfbd1ff0d14a860b82422938d2b3346793 | | a79da297b39451086d51.png | | | +-- reply ------------------------------------------------------------------- ---+2/ Real estate professionals (brokers, owners, investors, developers, etc.) are some of the most dismissive of #bitcoin. At first glance, understandably so. One reason is obvious—one is purely tangible, one is purely digital. It's difficult to reconcile the two side by side. https://nostr.build/i/nostr.build_395d684fb8a273797c609ccbc98dcaa9b28d25e338cff63e167e6d2ad4d8fded.jpg https://nostr.build/i/nostr.build_5abb4ee376cfbd1ff0d14a860b82422938d2b3346793a79da297b39451086d51.png
Pubkeys from this user's latest cached kind 3 follow list.
- Cameri🐦🔥 00000000…d700
- 01399cd076e8 01399cd0…81f3
- Adam Back 020f2d21…1c3e
- Nik Bhatia 03b593ef…de25
- slush 045745ac…99fd
- 046c436b2a52 046c436b…22ff
- ODELL 04c915da…ecc9
- mlclm 059a5169…fae7
- Uwe☣️🟠 059d6b5d…a8a5
- Hodlorado 05a76d21…538e
- Mandrik 064de249…140c
- Loisel 071b5fca…e137
- 0780b32ad406 0780b32a…b515
- 0797a6e2e4ae 0797a6e2…de51
- kr 08b80da8…8009
- Dylan LeClair 09025480…d2df
- poorbaldmonkey 093f10ec…8107
- Nioctib 0951878c…e3b2
- Warren Togami 0a722ca2…eb8d
- Vivek ⚡ 0ad88c31…2fac
- Paul 0d6c8388…8a33
- 0e1f9dab9d8c 0e1f9dab…791c
- Patrick 0f563fe2…039d
- erik 1021c892…6993
- X 10754375…86f2
- 10870fc265cc 10870fc2…cdcd
- FOSS 10c90242…c019
- 111d96ee6d34 111d96ee…242e
- Justin Moon 11b9a894…50ce
- Alex Sharp 11d7098d…a639
- Michael Rihani⚡️ 1306edd6…1b2d
- Nyoro~n 13883e40…550f
- 146bda4ec693 146bda4e…07cd
- Joe Burnett 151b02c7…1b3a
- Change this if you want 1577e459…b09b
- GregZaj 15e3a72e…88c2
- BlackTomcat ⚡️ 16b7e4b0…5f5c
- siwprimus 17081bbf…931d
- Aubrey Strobel 171ddd43…f1a5
- DJ Booth 182fbb5f…1f57
- farooq 1833ee04…8170
- mads 18730a5e…3dcd
- 187cb024da03 187cb024…8485
- BTC Sessions 1989034e…276b
- dvo 19e3eb64…7fe1
- Stephan Livera 19fefd7f…bc2f
- nobody 1a299f50…3ce7
- 1a5b0eba9231 1a5b0eba…5d27
- 1a8bb46f3a1c 1a8bb46f…c199
- andre 1b11ed41…5d6d
- Justine 1bbd0a5e…a8a2
- cryptograffiti 1bc2e23b…ecb3
- Alan ₿ 1bd32a38…3e69
- 1c66f825400c 1c66f825…a9a4
- 1d198e25ca31 1d198e25…240c
- Renaud Lifchitz 1e67de37…16e4
- 1e7e09f47f25 1e7e09f4…67a8
- Smiffy 1f022acf…d2ec
- xKyriakoZ⚡️∞/21M 1f3a335b…edf6
- Harlem Bitcoin 🗽🧡 1fa28da3…e412
- danielabrozzoni 20d88bae…ead5
- 218238431393 21823843…622d
- Vic 21b41910…1a5e
- 226c0121fc0d 226c0121…48bc
- 22aa81510ee6 22aa8151…5954
- 23c317d6e23b 23c317d6…7f5a
- Leo Fernevak 23d49394…d983
- pourteaux 24b3a5d7…dda2
- 24cf74e11258 24cf74e1…0814
- 24e06a49bf8c 24e06a49…030c
- Thomas 25a2192d…e9e8
- John Miles 25de661e…ffec
- 263357f45a53 263357f4…2904
- ZacG 263998db…9054
- Marce 26bd32c6…0158
- Rock 27797bd4…fc9a
- Terry Yiu 2779f3d9…98d1
- Lyle Pratt 27f211f4…dadb
- ➡️ ESCAPE INFLATION 4/24 7pm West Newton Cinema 28495498…acce
- 28e2cb389f72 28e2cb38…1f32
Cached pubkeys that follow this user, discovered from kind 3 events.
- mlclm 059a5169…fae7
- Hodlorado 05a76d21…538e
- Daughtry 071471dc…f15e
- Nioctib 0951878c…e3b2
- Nyoro~n 13883e40…550f
- BlackTomcat ⚡️ 16b7e4b0…5f5c
- siwprimus 17081bbf…931d
- jeremy viola 1cf3ecbf…6998
- xKyriakoZ⚡️∞/21M 1f3a335b…edf6
- danielabrozzoni 20d88bae…ead5
- Peter Alexander 2123cc78…4d59
- Mr.Crown // Renarchy 28e31c0d…6801
- danny d 3fde182c…a09a
- satsie 🇹🇭 🇱🇹 4df7b43b…ba48
- BtcPins 50a9326d…87bb
- https://silent.link 60d53675…296b
- jack Mallers 6ef0da38…ece7
- ⚡₿itcoinTeddy⚡ 749a6b90…031f
- Byrdman 8b925ace…6702
- Chris Alaimo a8d77e2c…0a8c
- Seth Michael Steele ae58c1fb…fbdb
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Identifiers
npub: npub1tv9uejkrc5ey8ec8ewucf9347p4t7yf6a5uc3nvc2aae90ww9ywsgntde3
hex: 5b0bcccac3c53243e707cbb9849635f06abf113aed3988cd98577b92bdce291d
no cached metadata event yet
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Suggested read/write relays from this user's latest kind 10002 event.
- No cached NIP-65 relay hints yet.