This is an opinion editorial by Leon Wankum, a HODLer who is active in real estate and venture capital with a master’s degree in financial economics. Real estate has proven to be an effective store of value over the last few decades, with property prices around the world having risen sharply since the 1970s. This development coincides with the “Nixon shock” of August 15, 1971, when U.S. President Richard Nixon announced that the United States would end the convertibility of the U.S. dollar into gold. Since then, central banks around…
Read MoreTag: estate
Breaking Barriers: How Bitcoin Can Transform The Real Estate Industry
This is an opinion editorial by Jenna Hall, a content marketing specialist with residential real estate brokerage Redfin. You may have heard about how you can use bitcoin to buy a house, rent an apartment or save your wealth in an inflation-resistant way to make a down payment. But, beyond these examples, how else can Bitcoin transform the way real estate transactions work as a whole? From cutting out middlemen to creating new collateral opportunities, Bitcoin can transform the traditional real estate industry in ways we never imagined. For instance,…
Read More