ABOUT THIS EPISODE
Leon Wankum, author of the upcoming book Digital Real Estate, joins Halston Valencia to explain why he sees Bitcoin absorbing the monetary premium of real estate. He also covers Strategy's preferred products like Strike ($STRK) and Metaplanet's shift from hotels to Bitcoin. In the second half, co-host Sam Knight discusses $NVDA earnings, Andrej Karpathy joining Anthropic, the AI backlash, and running a business on AI agents.
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Chapters:
0:00 Intro: Leon Wankum and the Digital Real Estate book
2:55 Nvidia earnings day: is AI a bubble?
7:41 Leon's path from real estate to Bitcoin
14:54 Should Bitcoiners buy a home? Grant Cardone view
18:44 Strategy's digital credit preferreds
21:33 Metaplanet and the demonetization of real estate
31:37 Strike conversion to MSTR as a real estate style deal
40:14 Leon's 2015 Bitcoin master thesis
48:40 Fiat system misconceptions and the Lindy effect
1:05:21 Sam Knight on Nvidia, Jensen Huang and China
1:09:03 Karpathy to Anthropic and the AI backlash
1:37:05 Running a business on agents: OpenClaw to Hermes
Key takeaways:
- Leon Wankum argues the monetary premium in real estate will migrate to Bitcoin, while the business of developing and managing real estate will remain.
- His book Digital Real Estate is due out in mid-September with Bitcoin Magazine Books and is available for pre-order.
- Leon said Metaplanet sold hotels, put the proceeds into Bitcoin, and grew from $15 million to over $2 billion in market cap in about 15 months.
- He views Strike as similar to a real estate deal: it pays income and converts into MSTR at $1,000. It was checked live at about $74.
- Sam Knight says businesses are moving past AI hype toward scalable integrations that avoid vendor lock-in.
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Not financial advice.
