Leon Wankum is a real estate developer and author of Digital Real Estate: How Bitcoin Is Changing Real Estate Development and Investing.

› https://x.com/leonwankum

› https://www.amazon.com/dp/B0HHSGBY6S


PARTNERS

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🕑 TIMESTAMPS

00:00 - Bitcoin as digital real estate

08:02 - Deprogramming from fiat thinking

11:01 - How inflation hides in assets

14:01 - 1971 shift, real estate boom era

16:25 - Higher rates break real estate math

19:48 - Institutions, custody, ETFs, REITs

26:48 - Why real estate became the store of value

29:38 - Real estate owners selling for Bitcoin

34:15 - How much is monetary premium?

41:32 - What drives the shift to Bitcoin

56:03 - Speculation, comparing probabilities

1:04:05 - Sell your house, rent, buy Bitcoin

1:11:13 - Macro implications, geopolitics and migration

1:15:36 - Bitcoin urbanism, time preference shifts


ℹ️ EPISODE SUMMARY

Bram Kanstein and Leon Wankum discuss why Bitcoin is better understood as digital real estate, not digital gold. Leon breaks down Bitcoin’s UTXO model like parcels of land, plus why real estate’s monetary premium is 80 to 90 percent. They confront how fiat debasement turned housing into collateral and a speculative attack vehicle. The conversation reveals how institutions, lending, and balance sheets pull that role toward Bitcoin. They close on time preference, Bitcoin urbanism, and why sovereignty starts with custody.

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