3min chapter

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The Last Trade E006: Drivers of Institutional Adoption and Understanding Custodial Risk, with David Thayer

Onramp Media

CHAPTER

Bitcoin and the American Parallel of Real Estate

In California Land was originally distributed via the Rancho system that the Mexican government set up. Now fast forward a hundred hundred hundred fifty years There aren't any 10,000 acre ranches in California anymore because those successive generations sold off big chunks of those Ranches to fund their lifestyle. So they sold large acreage and parceled that off into real estate developers. That's how You know large chunks of wealth distribute over time in our recent history in the in the American story And that's how Bitcoin is gonna go as well.

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